Extractives
0

Pemba Logistics Base ready to support FLNG drilling by year end, says ENH head

The Pemba Logistics Base will be ready to provide drilling services for the Coral FLNG project by the end of next month, Omar Mitha, head of state oil company ENH, a 51% shareholder in the project through its subsidiary ENH Logistics, told

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Politics & Economy
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IMF eyes new Mozambique programme, as civil society ‘questions sincerity’

Mozambique is currently in negotiations with the International Monetary Fund for an unfunded staff-monitored programme (SMP) to start at the beginning of 2019, which could lead to the financial support restarting later that year.

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Business
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Bank of Mozambique governor puts ATM blame on ‘debilitated’ software provider

A replacement software provider for Mozambique’s ATM and card payments system should arrive in Mozambique this week for “accelerated negotiations” with a view to restoring services which have been out of action since Thursday night, central bank governor [...]

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Infrastructure
0

Gunvor’s Nacala play could give it control of regional fuel supply

- Gunvor is paying for the $20 million refurbishment of Nacala fuel terminal, and is negotiating rights to all non-coal capacity on the Nacala rail line, sources say - Traders fear the deal will give the Swiss-based commodities trader control of fuel sales to Mozambique’s [...]

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Development
Heavy Industry