News Mozambique Banks: Mozambique: Commercial bank reserves drop 13% in January
Mandatory reserves held by Mozambican banks fell by 13% in January from the previous month’s peak, to 225.3 billion meticais (€3.05 billion), according to the Bank of Mozambique. Data from a r...
News Mozambique Banks: Brazil’s BNDES signs MoU to support upcoming Development Bank of Mozambique
Mozambique’s Minister of Finance, Carla Louveira, witnessed yesterday in Brazil the signing of a memorandum of understanding with Brazil’s state-run National Bank for Economic and Social D...
News Mozambique Banks: Mozambique: Better co-ordination needed to tackle Islamist insurgency – experts
The two international forces helping Mozambique to tackle an Islamist insurgency in its northern provinces need to better co-ordinate their operations to bring the deadly conflict under control, ...
News Mozambique Banks: EU Weighs Funding Rwanda’s Fight Against Mozambique Insurgents
(Bloomberg) -- The European Union will likely accept Rwandaâs request to fund its deployment in Mozambique, where itâs helping to fight an insurgency thatâs disrupted TotalEnergies SEâs $20 billion natural gas project.
News Mozambique Banks: Mozambique can benefit from EU plans to recognise LNG as green fuel, says Absa bank
Mozambique is leading a group of African countries that stands to benefit if the European Union follows through on proposals to classify liquid natural gas (LNG) as a green fuel. A proposal to ...
News Mozambique Banks: Mozambique: African Development Bank support for agro-industrial processing
The African Development Bank (ADB) has approved a grant of 47 million US dollars for Mozambique's Pemba-Lichinga Integrated Development Corridor. The development corridor, running across northern ...
News Mozambique Banks: Mozambique: Audit reveals reservations about Bank of Mozambique’s 2019 accounts
An audit has expressed reservations about the Bank of Mozambique's 2019 financial statements, despite them having recalculated figures from the previous year (2018) that raised doubts, according to ...
