South Africa and the European Union have pledged to support multilateralism, formalizing a partnership on critical minerals. The agreement was announced by South African President Cyril Ramaphosa alongside European Commission President Ursula von der Leyen and European Council President António Costa. The signing occurred ahead of the G20 summit, which South Africa is hosting.
President Ramaphosa stated that the partnership would enable South Africa to move beyond simple mineral extraction. He explained that the nation aims to process these minerals domestically to advance its position in the global value chain. European leaders are seeking to secure a reliable supply of metals essential for the clean energy transition and other...
The Mozambican government announced that its Office for the Management of Seized Assets generated significant financial benefits for the state in 2024, totaling over 416 million meticais. Finance Minister Carla Loveira reported to parliament that these benefits came from both revenue generation and cost savings. The office leased 27 properties, earning 19 million meticais, and raised an additional 14 million meticais from public auctions of various seized items like vehicles and furniture.
Further financial advantages were realized by allocating seized assets directly for state use. Minister Loveira explained that providing 19 properties to government institutions saved approximately 397.5 million meticais in potential rental or...
The president of ApexBrasil, Jorge Viana, has declared Africa a strategic priority for Brazil, emphasizing shared historical ties and economic complementarities. He made this statement ahead of the Brazil-Mozambique Business Forum in Maputo, an event reflecting the Brazilian government's focus on South-South cooperation.
The forum, organized with several Brazilian and Mozambican agencies, aims to strengthen bilateral economic ties. It will bring together hundreds of business leaders to explore partnerships in sectors like agriculture, health, and education. Brazilian exports to Mozambique recently reached 37.8 million dollars, primarily in poultry and furniture, with ApexBrasil identifying over a hundred further business opportunities...
Prime Minister Benvinda Levi announced that the Mozambican government expects to lower its borrowing needs through increased revenue collection and fiscal reforms. She told parliament that economic policies aimed at diversifying production and strengthening value chains would stimulate growth, thereby raising state income and creating jobs. Levi also reiterated a commitment to improving debt management and achieving fiscal sustainability.
This statement follows a reported decrease in the national debt, which fell to approximately 14.5 billion euros by the end of the third quarter. Finance Minister Carla Loveira had previously identified public debt sustainability as a major challenge. The government is pursuing several reforms...
Mozambique intends to purchase three aircraft and six locomotives next year as part of a broader initiative to enhance its national transport infrastructure. According to the government's budget proposal, the planned acquisitions for 2026 also include 25 buses and a buoy tender ship. These investments are directed toward the state-owned carriers Linhas Aéreas de Moçambique, or LAM, and the ports and railways company, CFM.
The government anticipates that introducing the new aircraft will help increase passenger air traffic by 2.2 percent and cargo volumes by 4.3 percent. This expansion is a component of LAM's ongoing restructuring, which involves a recapitalization of approximately 112 million dollars from three other state-owned firms...
Mozambique's government owes suppliers approximately 179.5 million euros from the 2024 financial year, according to Finance Minister Carla Loveira. She informed parliament that additional potential debts exist, incurred by various sectors without proper budget allocation.
Minister Loveira explained that while over 235 million euros had been paid by the third quarter, a significant balance remains. She stated that the Ministry of Finance is creating a strategy to regularize these obligations. This process involves collecting data on debts from 2018 to 2025, followed by verification and a scheduled repayment plan. A portion will be settled through future state budgets, with the rest securitized. Loveira pledged the implement strict...
The historian and cultural manager Rui Laranjeira, a co-founder of the Mafalanda Museum, has died at age 54. His passing followed an illness and occurred at Maputo Central Hospital.
Laranjeira, who held a master's degree in Cultural Heritage Management, was deeply passionate about Maputo's urban music and social history. His career combined academia with a dedication to researching cultural heritage and developing alternative narratives for the city's periphery. He was instrumental in creating the Mafalala Museum, leading its research, community concept, and exhibition development.
A funeral service for him was held, including a wake at the museum, a mass at Maputo's Cathedral, and a burial at Lhanguene Cemetery.
President Daniel Chapo of Mozambique emphasized that a strong and equitable education system is fundamental for economic progress, social inclusion, and democratic stability. He stated this while opening the International Congress of Catholic Universities in Maputo.
He noted that the Mozambican Catholic University has represented excellence and humanism for three decades. Chapo described universities as essential partners for national public policy, particularly in development-focused research addressing priorities like agriculture, digital transformation, and climate resilience. He also highlighted their role in fostering democratic values and national unity.
The President further urged African academic institutions to develop...
Mozambique has issued four licenses for carbon reduction projects as part of its national climate action strategy. Jadwiga Massinga, the National Director of Climate Change, announced the approvals for initiatives located in the provinces of Gaza, Inhambane, Manica, and Zambézia. These projects focus on combating deforestation, enhancing community incomes, and protecting vital mangrove forests.
The government is currently holding a public consultation on a new carbon market regulation. This framework would establish licensing procedures and enable the country to export carbon credits to companies or other nations. Massinga also highlighted the importance of adopting electric vehicles and promoting improved cookstoves as key measures...
