Rome-based Eni has awarded a second major contract to Baker Hughes, a GE Company headquartered in the United Kingdom, for power and gas refrigeration equipment Eni East Africa's (EEA) Coral South FLNG development offshore Mozambique.
Mozambique Tender and Business News
The winners of the most innovative real estate property developments across sub-Saharan Africa were honored on August 24, at the Africa Property Investment Awards held in Johannesburg.
Texas-based Anadarko Petroleum Corporation, has finalized two agreements with the Government of Mozambique – together known as the "marine concessions" – which would allow it to design, build and operate the marine facilities for its LNG project in northern Mozambique.
Air Products of Pennsylvania, a major international provider of liquefied natural gas (LNG) technology and equipment, has signed an agreement to supply its proprietary its proprietary cryogenic coil wound heat exchanger technology and the liquefaction process license for a floating liquefied natural gas (FLNG) facility offshore Mozambique.
Mateso Abana Kasian, the notorious head of a well known East African ivory poaching network, was arrested on July 27 in Mozambique.
Michel Lazare and a team from the International Monetary Fund (IMF) completed a detailed review with authorities in Mozambique from July 10-19, regarding the previous audit report of EMATUM, Proindicus and MAM public sector companies. The high-level review went well, but there is still concern that Mozambique still has not addressed major gaps in data requested by the IMF.
The fall army worm has expanded so rapidly in southern Africa that its presence is behind a cut in this year's regional maize harvest forecast by up to 10 percent. A new multi-part plan to increase surveillance and research to contain the worm may help push back the agricultural menace.
The Government of Mozambique just received $6 million from the World Bank and the Food and Agriculture Organization (FAO), to support sustainable management of its forest sector, promote good governance, improve forest concession systems, and enable private sector participation.
Ireland's Africa Agri-Food Development Programme (AADP), a programme developed to support partnerships between Irish and African agri-food companies, just announces a call for applications to participate in the program.
Representatives from the Indian Ocean Islands and East Africa met in a major two-day planning session on June 27-28, to discuss the Fisheries Transparency Initiative (FiTI), an initiative to attack the growing global problem of illegal fishing.
A new competition was just launched to find and support providers of innovative and scalable financial products and services that improve the lives of poor people in rural areas of Africa.
Maputo International Airport in Mozambique is getting a new departure lounge. It will be operated by First National Bank (FNB) (www.FNB.co.za) and Kuwait-based National Aviation Services (NAS) (www.NAS.aero).
The World Bank Group (WBG) is committing to spend ~$410 million/year to support diversified development in Mozambique, starting in FY 18. It is doing so in the context of a new Mozambique Country Partnership Framework (CPF) its board just approved for the years 2017-2021.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
An outbreak of the fall armyworm, a pest transported to Africa from the Americas and only discovered for the first time in Africa in San Tome and Principe in January 2016, is spreading rapidly in southern Africa and causing major crop damage in some countries.
The African Legal Network, a consortium of major law firms located throughout Africa, has joined a new member, ABCC (formerly SCAN Advogados) of Mozambique.
The Africa Rising pitch is growing more convincing, thanks in part to vast food production potential (even in the face of rising drought), more integrated democratic reforms, and increased interest by external investors. But as long as an estimated 50 billion dollars continues to leak out annually through illicit financial flows, any long-term growth for the region is in jeopardy.
The United Nations World Economic Situation and Prospects (WESP) 2017 Report suggests Africa should see moderate economic recovery from 2017 to 2018. This is despite the overall world economy more or less expected to stagnate or grow at most slowly for the same period.
The Meridian Group, a major provider in southern Africa focusing on the production and supply of a variety of agricultural inputs and outputs, just received a US $20 million financing package to support the company's operations in Malawi, Mozambique and Zimbabwe.
The United Kingdom's UKaid group has donated GBP 3.6 million to the United Nations World Food Programme (WFP) to help fight malnutrition in Mozambique.
As the worst drought in Southern Africa in 35 years takes its toll on the food supply, millions face hunger in Southern Africa. The organization CARE has just issued a loud call to donors to bring in the funds necessary to help what could be one of the last chances to prevent a major humanitarian disaster, in just a few months.
The digital economy and the gateway to it, the Internet, represents a powerful means of business and social development, and education for Africa. But the continent is unfortunately a laggard in internet connectivity to the outside world, especially in rural communities, with only 9.3% of those living on the continent connected.
On December 5, BMCE Bank of Africa (www.BMCEBank.ma) announced the awarding of $1 million total in awards for the 11 winners of the 2nd Edition of the African Entrepreneurship Award (https:/AfricanEntrepreneurshipAward.com).
The Pan African Parliament (PAP) concluded its session in Egypt’s Sharm El-Sheikh Monday with initiatives on PAP’s identity, counter-terrorism challenges in the continent and joint development plans, particularly the question of food security.
Carlson Rezidor (CarlsonRezidor.com), one of the largest hotel groups in the world, is making good on its objective to have more than 23,000 rooms in Africa either open or under development by the end of 2020. The comments were made by the company's President during the recent Africa Hotel Investment Conference in Rwanda.