The shareholders of Moza Banco, led by the pension fund of employees of Mozambique’s central bank, have completed a $59 million capital [...]
Mozambique’s Hidroelectrica de Cahora Bassa (HCB) could raise around $52.5 million from listing a 7.5% stake in the company on the Mozambican stock exchange, according to one estimate. Portuguese electricity [...]
A team from the International Monetary Fund (IMF) will visit Mozambique at the end of November for an Article IV consultation and to discuss the follow up to the audit of the EMATUM, ProIndicus, and MAM companies, the Fund said today.
The Mozambique government’s financial adviser for restructuring its external debts said on Thursday she is confident of reaching an agreement with the country’s creditors in 2018, saying some bondholders are ready to come to the negotiating table. [...]