Browsing: Transport

Transport Ana Comoana. Photo © Alexandre Nhampossa / Zitamar News
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The Mozambican government on Tuesday approved a decree terminating the Quelimane Port concession contract and returning it to the original authority, state-owned ports and rail company Portos e Caminhos de Ferro de Moçambique (CFM).

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Transport The bridge over the River Save. Photo: ANE
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Freight transporters in Mozambique are suffering “huge additional costs and delays,” industry sources have said, since a vital bridge connecting southern Mozambique with the rest of the country stopped taking vehicles weighing more than 35 tonnes. [...]

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Infrastructure Photo © CFM
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Mozambique’s state-owned rail and ports company CFM this week signed a deal with the National Railways of Zimbabwe (NRZ) and Zimbabwean state-owned mining company ZIMASCO to transport a million tonnes of ZIMASCO’s chromite and iron ingots to Mozambican [...]

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Economy Chinese ambassador Su Jian and Mozambique's deputy foreign minister Nyeleti Mondlane exchanging agreements in Maputo on 26 October 2017.
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China announced on Thursday that it had pardoned more than $36 million of interest-free loans it gave to Mozambique, and also pledged to donate more than $15 million to finance construction of an airport at Xai-Xai, the capital of Gaza Province in southern [...]

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Coal A train on the Nacala Logistics Corridor. Photo: Mitsui
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Brazilian miner Vale has set a date to close its $2.7 billion project finance package for the Nacala Logistics Corridor in Mozambique, after the two biggest participants gave their approval for $2bn worth of lending and credit insurance.

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