Browsing: Ragendra de Sousa

Oil & Gas
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Minister’s assurance of ENH LNG financing, more optimism than guarantee

The Government of Mozambique announced on Friday that it had secured foreign funding for several "strategic projects" at the 2019 African Investment Forum (AIF), including $1.2 billion for state oil company  ENH to fund its stake in the Area 1 LNG project in the Rovuma Basin. "The [...]

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Agriculture
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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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Business
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InBev starts building Mozambique brewery after Frelimo oils wheels of land deal

Mozambican brewing company Cervejas de Moçambique (CDM), part of the giant AB InBev group, has started building its new brewery on land sold to it by a Frelimo general in a process expedited by the governor of Maputo Province, Raimundo Diomba.

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Business
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Mozambique President appoints deputy minister of trade and industry

Ragendra de Sousa, an economist specialised in agriculture, has been appointed deputy minister of trade and industry by Mozambican president Filipe Nyusi. Nyusi has also appointed the former head of the tax authority, Rosario Fernandes, to head up [...]

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