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News
Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz
4+ hour, 55+ min ago (384+ words) Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures rose $3.21, or 3.1%, to…...
Mozambique: Business leaders expect central bank solutions for exchange-rate stability from central bank
3+ day, 1+ hour ago (379+ words) “For the private sector, one of the major challenges will be to find a balance between the need for macroeconomic, exchange-rate and monetary stability and the need to ensure conditions to finance production, investment and employment,” said the president of…...
Mozambique: Gaza investment conference launched as province emerges as new frontier of opportunities
2+ day, 23+ hour ago (337+ words) In her launch speech, Finance Minister Carla Loveira highlighted Gaza province as the nation’s breadbasket, with the two largest irrigation schemes in sub-Saharan Africa located in the Limpopo Valley, as well as unparalleled agro-industrial and tourism potential. Loveira announced measures…...
Mozambique finances 260 agribusiness projects with €4M in H1
4+ day, 1+ hour ago (464+ words) According to first-half budget execution data compiled by Lusa on Thursday, the 260 projects were supported through the Innovative Agribusiness Financing Facility (FINOVA), with a total amount of 297.8 million meticais (€4 million). READ: Germany injects €45.5 million into FINOVA to boost Mozambique’s agribusiness…...
Mozambique: At least 54 healthcare staff sacked in 2025 - minister
4+ day, 50+ min ago (552+ words) “We will be relentless on this issue. We will take a hard line. And when this issue of poor care, illegal charges and theft of medicines is identified, there will be no mercy. Zero tolerance,” said Ussene Isse during the…...
Mozambique: Nívea earned her Laboratory Biomedical Sciences degree by selling tomatoes at Fajardo Market
4+ day, 37+ min ago (551+ words) Helping her mother, Nívea sells various vegetables wholesale and retail, including tomatoes, onions, cucumbers, potatoes, among others. It all started when her mother could no longer sell full-time, prompting her older brother to suggest that Nívea take over the business…...
Mozambique and France strengthen defence cooperation with focus on counter-terrorism
4+ day, 3+ hour ago (229+ words) As part of his working visit to the French Republic, National Defence Minister Cristóvão Artur Chume held a bilateral meeting with French Defence Minister Catherine Vautrin, with whom he discussed strategic issues of common interest. One of the main topics…...
Mozambique: Italy to invest €2 million to strengthen climate resilience in Pemba, Ibo and Beira
4+ day, 1+ hour ago (259+ words) The investment is part of the Câmbio project, funded by the Italian Agency for Development Cooperation (AICS), which aims to strengthen the capacity of local populations and institutions to adapt to climate change and natural disasters. “Câmbio aims to strengthen…...
Mozambique: About 14,000 women to receive grants of 100,000 meticais each to start businesses
4+ day, 1+ hour ago (336+ words) According to the President, who was speaking on Wednesday at the opening of the 8th National Conference on Women and Gender, which took place in Maputo, under the motto “Uniting to Act, Empowering Women, and Eliminating Gender-Based Violence”, all sectors of…...
Mozambique: President calls for men to join fight against gender violence
4+ day, 19+ hour ago (310+ words) “Gender-based violence is a serious social problem that we must confront and overcome in families, communities, schools, workplaces and any other space in our society. And we have to involve men in this fight,” said Mozambican President Daniel Chapo. The…...