The loans, totalling US$753 million, will go toward rehabilitating the minerals port and the 1,300-km Benguela line that forms the backbone of the transport initiative
Lusofonia
Such limits, the government says, will make emerging Mozambican industries more competitive while also ensuring ‘priority allocation’ of foreign currency
The pledge comes in the wake of the successful conclusion of a three-day event in Guangzhou that lured 48,000 visitors
The projects outlined in the agreement with the Asian Development Bank focus on rehabilitating roads and bridges in the country’s east
The purchase, among the first made by the airline in the last 18 years, marks another positive step in its restructuring process
The winning consortium includes companies based in Luxembourg, Portugal and Angola, combining global experience with local industry knowledge
Brazil has opted to strengthen cooperation with China on space, moving forward with a major radio telescope project and new laboratory
The announcement came at a Portugal-Mozambique summit in Porto, which also saw the signing of nearly two dozen agreements
The solar minigrid in remote Cazombo, the capital of Moxico Leste province, relies on a large lithium-ion battery instead of expensive, polluting fossil fuel backups