The World Bank announced on Tuesday that it will no longer finance upstream oil and gas investments as part of its new climate regulations, but this will not affect support to Mozambique’s nascent industry, a spokesperson told Zitamar. The new regulations apply “to financing of actual upstream investments, not technical assistance to support Governments, such…...
Latest Headlines
- Kenmare made record profits in 2022 despite drop in demand from China
- March organiser tells of torture ordeal at hands of Mozambique’s police
- Exxon tenders for contractors to build revised Mozambique LNG project
- Freddy flooding cuts Mozambique coal export routes
- Shipping giant Maersk found sailing illegal timber from Mozambique to China
- Mozambique police fire tear gas on protest rapper’s funeral march
- Cyclone Freddy brings destruction and flooding to Mozambique again
- Total and EDF submit bid for controversial Mozambique mega-dam project