The widespread disruption of construction activities caused by the cyclones tragedy and by the constrains to the government’s budget, have taken a tow in Mozambique’s growth forecast. The cyclones, have caused unprecedented damage from flooding and winds in the provinces of Manica, Sofala, Zambezia and in a staggering estimated 90% of the buildings in the…
President Filipe Nyusi said that the country will enter a new era of economic development with investments in the natural gas sector, highlighting job creation, state revenues and industrialization of the country. Filipe Nyusi welcomed the prospects that open up the Mozambican economy with investments in natural gas, when he spoke about the State of…
Construction work on the processing units for the natural gas extracted in the Rovuma basin, in northern Mozambique, is due to start next Monday, the President of the Republic announced on Wednesday in Maputo. Filipe Nyusi, who was presenting a report on the general state of the nation for this year to the country’s parliament,…
