Location: Southern Africa, bordering the Mozambique Channel, between South Africa and Tanzania Southern Africa, bordering the Mozambique Channel, between South Africa and Tanzania

Capital: Maputo

Total Area: 801,590 sq km '

Population: appox. 19,686,505 19,686,505

Languages: Portuguese (official), indigenous dialectsPortuguese (official), indigenous dialects

Currency: Metical (MZM) Metical (MZM)

Independance Day: 25 June 1975 (from Portugal)

Date Joined: 1995

Head of Government: President Filipe Nyusi (since 15 January 2015)



President

HE Filipe Nyusi


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Prime Minister

HE Carlos Agostinho do Rosário


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YOCOMM NEWS


YOCOMM BIZNEWS



Mozambique: Largest City Market Closes Temporarily

Maputo — Xipamanine market, the largest municipal market in Maputo city, closed its doors on Monday for a three day period of reorganisation and disinfection. This is the first step in the gradual and temporary closure of the city's 63 markets and five fairs, intended to make them safer for consumers and for stallholders in the face of the Covid-19 pandemic. Explaining the closure to reporters on Friday, the municipal councillor for health and social welfare, Alice de Abreu,
Mozambique, Great Lakes Energy sign $400m power generation deal

Mozambique has signed a memorandum of understanding with Great Lakes Africa Energy (GLAE) - a UK energy firm -- to generate electric power using natural gas
South Africa See Off Mozambique Into Final Round

South Africa advanced to the final round of the qualifiers after beating Mozambique 3-0 on Sunday at Moruleng Stadium
$120m IFAD boost for Mozambique agriculture project

The International Fund for Agricultural Development (IFAD) has announced a US$120-million grant to support the implementation of the ProSul project in Mozambique.
Mozambique cracks open its cashews to boost the economy

Mozambique is going nuts about cashews, and they're boosting the economy's health.
Mozambique Foreign Affairs Minister tours Russia

Mozambican Minister of Foreign Affairs and Cooperation Jos? Pacheco is heading to Russia on Thursday to strengthen bilateral relations and friendship between the two countries,
Dhlakama’s death: Instability now, investment later

The director of the African Programme at the Royal Institute of International Relations (Chatham House) told Lusa yesterday that Afonso Dhlakama’s death would bring “more instability in the short term,” but would attract more international investment later.
An Appreciation of the Magical Waters of Mozambique

Picture of Quero Niuni which is the smallest island off the coast of Mozambique

The sea is the best highway along the edge of Mozambique, and some of the watercraft sailing among the islands here carry fishermen from local villages. Some carry Tanzanian fishermen, seeking richer waters. Some carry Somalians and other boat people making their precarious way down the coast to South Africa.

Farther out in the channel are commercial fishermen from all over the world, and farther north—just south of the Tanzanian border, not far from the Quirimbas Archipelago—are the ships that inevitably cluster around a major petroleum strike.

This storied coast has lived through conquest, revolution, civil war, typhoons, and poverty. Now it finds itself adjacent to one of the richest oil and gas discoveries in Africa, trillions of cubic feet of gas, all of it upstream, so to speak, of the biological riches that make this coast so distinctive.


Mozambique’s growing energy needs have much to offer financiers

Lending to off-grid power projects and companies helping to maintain the grid are probably the most attractive opportunities for financial institutions in Mozambique at present, Standard Bank’s head of power and infrastructure, Ntlai Mosiah, said on Friday.

He said this was not the same as project financing for transmission projects, which, in agreement with Old Mutual portfolio manager Sean Friend, he believed were not generally appropriate for private financiers because they had a 20- to 50-year horizon. This financing was for subcontractors to Mozambique’s energy utility, Electricidade de Mo?ambique (EDM).

Mozambique will be at the Carnival International de Victoria in the Seychelles

Mozambique will be at the Carnival International de Victoria in the Seychelles

Mozambique will be attending the Carnival International de Victoria, in Seychelles, from the 25th to the 27thApril 2014 with a delegation composed of 23 people, from Government representatives (Ministry of Tourism & the Mozambique Tourism Authority), media and local artists.

Minister Carvalho Muaria, the Mozambique Minister responsible for Tourism and Minister Alain St.Ange, the Seychelles Minister responsible for Tourism and Culture had discussed earlier this agreed together that Mozambique would be present to showcase its culture and in so doing its people at the Carnaval International de Victoria. Mozambique along with KwaZulu Natal of South Africa, the Kingdom of Swaziland and the Seychelles are all working together in the EAST3ROUTE Tourism Organisation promoting cross border tourism to help grow tourism in Africa.


An Octopus Bite and a Visit From Mozambique’s Youngest Ocean Explorers

For the month of April 2014, National Geographic Pristine Seas Expedition Leader Paul Rose will lead a group of key scientists and filmmakers together with National Geographic Emerging Explorer Andrea Marshall and the Marine Megafauna Foundation to explore, survey, and record what they expect to be some of the healthiest reefs in East Africa, home to ocean giants including manta rays, dugongs, and more.

Starfish in Mozambique. Photo by Manu San F?lix.

A group of starfish observed by the team while diving in Inhambane, Mozambique. Photo by Manu San F?lix.

ONGC Videsh in talks to import LNG at $15 from Mozambique

The consortium, which is setting up huge LNG facilities in gas-rich Mozambique, has already contracted the first LNG train of 5.5 million tonne to Chinese, Thai and Japanese importers.

NEW DELHI: ONGCBSE -0.02 % Videsh, which holds a minority interest in Anadarko-operated giant gas field in Mozambique, is in talks with the consortium to import liquefied natural gas (LNG) for $15 per unit, managing director SP Garg said.

"Price is about $13-14 (per unit) as per the consortium's pricing formula. About $1 would be additional cost for transportation etc," Garg said. The consortium's gas pricing formula is based on a combination of JCC ( Japan customs cleared crude) and ..

NEW DELHI: ONGCBSE -0.02 % Videsh, which holds a minority interest in Anadarko-operated giant gas field in Mozambique, is in talks with the consortium to import liquefied natural gas (LNG) for $15 per unit, managing director SP Garg said.



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