Browsing: Singapore

Cement
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Frelimo holding company sells cement plant stake in $85m deal

A Singaporean company has agreed to pay $85 million for a majority  stake in a cement plant near Maputo which until last month was 99% owned by a company described as “the financial arm” of Mozambique’s ruling party, Frelimo. The cement plant project at [...]

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Transport
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Mozambique seeks airlines for ambitious list of local and intercontinental destinations

Mozambique’s Ministry of Transport has opened a competition for airlines to operate an ambitious list of international and intercontinental routes, as well as Mozambique’s domestic routes currently plied by national flag carrier LAM.

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