COTUR wins "Best Entrepreneur of Tourism" prize in Brussels
Mozambican operator COTUR, Mozambique's largest and oldest travel agency, was awarded the Best Tourism Entrepreneur award at the World Tourism Awards 2025 ceremony held at the prestigious Royal Museums of Fine Arts of Belgium in Brussels. The award recognizes the role of the company in promoting Mozambique as a tourist destination [...]
South32 Maintains Negotiations With the Government To Avoid Mozal Suspension... But there's no white smoke yet
The Australian company South32 announced that it is continuing negotiations with the Government and its energy partners to ensure the continuity of Mozal Aluminium’s operations, Africa’s largest aluminium foundry and the country’s leading industry, although it maintains the forecast of suspending activities in March 2026 if it is not ensured [...]
Mozambique invests in banana production as an engine for agricultural growth
The Minister for Agriculture, Environment and Fisheries, Roberto Albino, said last Friday (17) that banana production is one of the strategic bases for Mozambique's economic and social growth, for its contribution in generating employment, income and export revenues. The ruler spoke during a visit to Quinta Bela Vista and [...]
PROCAVE Mozambique elected "best programme" by the International Development Fund Agricultural
The Agro-Food Chains Inclusive Development Program (PROCAVA) has recently been distinguished by the International Fund for Agricultural Development (IFAD), a UN agency, as the best program in its funding portfolio. The distinction results from the evaluation of several similar continental programmes, co-financed by IFAD, having been valued aspects such as management, monitoring [...]
Coral DFI North position Mozambique as a global energy player – Daniel Chapo
The Final Investment Decision (DFI) of the Northern Coral Project FLNG, confirmed this Thursday by concessionaires in Area 4 of the Rovuma Basin – led by Italian petrochemical ENI – represents a "clear and unequivocal statement" that the country "is decisively positioned as a global energy player". This is the understanding of the President [...]
Profits from HCM 15% fell For More than 46 M$
The profits of the Mozambican Hydrocarbon Company (MCH) fell 15% in the last fiscal year, to 46,7 million dollars, with the state oil to warn of the "severe decline" in gas reservoirs, Lusa reported, on Monday, September 22. "One of the great challenges we have will be to be able to respond to [...]
Mining companies owe about USD 30 million in tax bonds
Mining companies owe the Mozambican tax 2.15 billion Meticals (more than 31 million USD), said Minister for Mineral Resources and Energy, Estevão Pale. Pale spoke during the opening of the 10th Coordination Council of the institution he heads on Monday (22). That ruler advanced that 301.3 million [...]
Intelec Holdings wins third place in the Society tournament
The opening game of the last day put forward the teams of the Ministry of Economics and Finance (MEF) and Intelec, which from the beginning promised to be a close confrontation. The MEF began well and, with Mauro Chilengu, scored the first goal of the match. Driven by the first goal, MEF continued to dominate [...]
Dr. Maria A. Abdula, President of the FME-CPLP
Dr. Maria Asunción Abdula, Executive Director of Intelec Holdings, was elected unanimously on 30 June 2017 in Lisbon to chair the Federation of Women Entrepreneurs of the Community of Portuguese-speaking Countries (FME-CPLP). Below is a short video of the ceremony:
Strategic Partnership with Government for Network Expansion in the Center and North
Televisa concluded an agreement with the Government of Mozambique to expand fiber optic coverage in central and northern provinces. The project aims to improve internet access in rural areas and promote digital inclusion. Televisa concluded an agreement with the Government of Mozambique to expand fiber coverage [...]