Mozambique’s economy expected to grow by 7.5% in 2023
Mozambique will have to wait until 2023 to achieve economic growth of 7.5%, a rate it was used to in the not too distant past, according to forecasts by the Economist Intelligence Unit (EIU). In the latest report on the country, which covers the period between 2018 and 2023, the EIU analyst expects a smooth progression of the growth rate, which from 5.0% in 2022 is projected to increase by 2.5 percentage points the following year, when the beginning of exploration of large de
Ziqo performs for Palma Day in Palma District and shoots first ever music video in the district.
At 17 of November 2018, Palma town and its district celebrated its annual district party for its 73rd year since establishment with a new song and show by a very special musical guest, Ziqo, who travelled from Maputo to headline the festivities. Palma district, and specifically the Afungi peninsula will be home to some 28 MMTPA of LNG gas from the Golfinho and Mamba first phase two-train each developments operated by Anadarko Petroleum and ExxonMobil together with ENI, respec
Anadarko supports teacher training in Palma, Cabo Delgado
A total of 33 teachers from Palma Secondary School in Cabo Delgado province recently took part in a reading skills training course “with the aim of stimulating improvements in the teaching-learning process,” O Pais reports. The training was supported by the Anadarko-led Mozambique LNG Project, and implemented by the Progresso Association and CODE. Sessions were focused on techniques aimed at stimulating “students’ readiness and ability to interpret texts”. The training is par
Catalisa: Inclusive Economic Growth with Agribusiness and Youth, Mozambique
Catalisa Overview TechnoServe has been selected by Anadarko, the leading stakeholder of one of the world’s largest offshore natural gas reserves, to implement the five-year Contributing to Catalyze Investment in Agribusiness in Cabo Delgado (Catalisa) project, as part of its broader social investment strategy in Mozambique. The project will support inclusive, private sector-led economic development in the communities surrounding the natural gas site and throughout the greater
Accommodation solutions that Palma Residences has for you
At Palma Residences we wanted to make sure we had solutions for all the coming accommodation needs. Whether you are a single corporate guest or a group, or staying for a day or for several weeks we wanted to make sure we had the best solution. Our answer was to have a wide range of typologies. Besides the normal single or double room typologies, the existing Residential Villas had single ensuite rooms, and one or two bedroom Villas. We decided to extend our offer to include s
Galp’s chief remains bullish over Mozambique’s LNG
Mozambique is ready to fill a looming gap in global supplies of liquefied natural gas but must avoid the cost overruns that have plagued Australian LNG projects, says the chief executive of Galp. Carlos Gomes da Silva said the “next decade should be the Mozambique decade,” as the east African country brings its first LNG to market from 2022 onwards. Galp of Portugal has a 10 per stake in the Coral South gas project in Mozambique, which was given the go-ahead last year togethe
Mozambique: How gas sector investment is changing Palma
Until very recently, when natural gas put it on the map, Palma was a forgotten district in northern Mozambique. Now the region is in the sights of multinationals because it has some of the largest gas reserves in the world. DW Africa interviewed David Machimbuko, district administrator of Palma, Cabo Delgado province, northern Mozambique, who recently visited Bonn, Germany, to attend the ICLEI (International Council for Local Environmental Initiatives) annual meeting, a forum
Anadarko Lines Up Enough LNG Buyers for Mozambique Project
Anadarko Petroleum Corp. said that “in principle” it has enough customers to proceed with its liquefied natural gas project in Mozambique, eight years after making a major deepwater discovery there. The development of Mozambique’s LNG potential by Anadarko, Eni SpA and Exxon Mobil Corp. is key to stimulating growth in one of the world’s poorest countries. Anadarko signed a 15-year supply deal with Electricite de France SA in February and now needs to finalize contracts with o
New clients, and clients who are growing with African Century
With the resettlement in Afungi and other projects such as the new Palma airstrip and road from Afungi to Palma under way, we are glad to welcome a new client to Palma Residences: the AFRIMAT team. At Palma Residences Afrimat (www.afrimat.co.za) has now extended its reach to support Mozambique’s growing economy, establishing quarries in Pemba and Cuamba, with another quarry planned for Palma, supporting the rapidly developing Mozambique region with high quality aggregate prod
Mocímboa da Praia aerodrome reopens for international traffic - Mozambique
Minister of Transport and Communications will today preside over the ceremonial reopening Mocímboa da Praia aerodrome to non-scheduled inter
