Extractives
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Exxon awards EPC contract for the $30 billion Rovuma LNG project

The Mozambique Rovuma Venture, the operator of Area 4, awarded the engineering, procurement and construction contract for its Rovuma LNG project to a joint venture of JGC, Fluor and Technip FMC at a ceremony in Maputo on Tuesday morning. The “initial [...]

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Politics & Economy
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Frelimo and Nyusi take commanding lead in Mozambique elections

Partial results suggest ruling party will sweep the board in national and provincial elections, maintaining its lock on power despite recent moves towards decentralisation Domestic election observer groups are predicting a resounding victory for Filipe Nyusi in the Presidential poll [...]

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Business
Infrastructure
Development
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‘No sugar mill will be closed in Mozambique’ – minister

The government of Mozambique is guaranteeing that sugar mills in Mafambisse and Xinavane will not be closed and no workers will be laid off, despite financial troubles for the mills’ majority shareholder, trade minister Ragendra de Sousa told

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Heavy Industry
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IMOPETRO ‘was warned’ over failed fuel importer 

Industry players warned IMOPETRO, the company managing Mozambique’s fuel imports, of the dangers of awarding an import tender to unknown company Finergy, which has since failed to honour its import commitments, Zitamar News has learned. Finergy Petroleum, a secretive company [...]

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