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News

Mozambique
clubofmozambique.com > news > oil-prices-up-over-3-following-new-strikes-on-saudi-strait-of-hormuz

Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz

9+ hour, 4+ min ago   (384+ words) Oil prices rose ‌more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures rose $3.21, or 3.1%, to…...

Mozambique
clubofmozambique.com > news > brics-finance-chiefs-urge-reform-of-global-development-financial-institutions

BRICS finance chiefs urge reform of global development financial institutions

9+ hour, 30+ min ago   (242+ words) “With the growing share of emerging market and developing economies in global output and growth, reform of global economic governance remains a consistent BRICS priority,” finance chiefs of BRICS countries said in a joint statement issued late on Thursday. India…...

Mozambique
clubofmozambique.com > news > mozambique-business-leaders-expect-central-bank-solutions-for-exchange-rate-stability-from-central-bank

Mozambique: Business leaders expect central bank solutions for exchange-rate stability from central bank

3+ day, 5+ hour ago   (379+ words) “For the private sector, one of the major challenges will be to find a balance between the need for macroeconomic, exchange-rate and monetary stability and the need to ensure conditions to finance production, investment and employment,” said the president of…...

Mozambique
clubofmozambique.com > news > mozambique-gaza-investment-conference-launched-as-province-emerges-as-new-frontier-of-opportunities

Mozambique: Gaza investment conference launched as province emerges as new frontier of opportunities

3+ day, 3+ hour ago   (337+ words) In her launch speech, Finance Minister Carla Loveira highlighted Gaza province as the nation’s breadbasket, with the two largest irrigation schemes in sub-Saharan Africa located in the Limpopo Valley, as well as unparalleled agro-industrial and tourism potential. Loveira announced measures…...

Mozambique
clubofmozambique.com > news > mozambique-cta-business-robustness-index-rises-by-just-one-point-despite-macroeconomic-improvement

Mozambique: CTA Business Robustness Index rises by just one point despite macroeconomic improvement

3+ day, 8+ hour ago   (1231+ words) The performance of Mozambican companies recorded a marginal recovery in the second quarter of 2026, with the Business Robustness Index rising from 26% to 27%, according to data presented by the Confederation of Economic Associations of Mozambique (CTA). The one-percentage-point increase occurred during…...

Mozambique
clubofmozambique.com > news > mozambique-economic-activity-accelerated-in-q2-business-leaders

Mozambique: Economic activity accelerated in Q2 – business leaders

4+ day, 1+ hour ago   (441+ words) The head of the Mozambican business community was speaking at the 22nd edition of the economic review covering business performance in the second quarter of 2026 and the outlook for the sector, a period he described as marked by a “complex environment…...

Mozambique
clubofmozambique.com > news > mozambique-finances-260-agribusiness-projects-with-e4m-in-h1

Mozambique finances 260 agribusiness projects with €4M in H1

4+ day, 5+ hour ago   (464+ words) According to first-half budget execution data compiled by Lusa on Thursday, the 260 projects were supported through the Innovative Agribusiness Financing Facility (FINOVA), with a total amount of 297.8 million meticais (€4 million). READ: Germany injects €45.5 million into FINOVA to boost Mozambique’s agribusiness…...

Mozambique
clubofmozambique.com > news > imf-says-angola-needs-fiscal-consolidation-to-sustain-economic-stability

IMF says Angola needs fiscal consolidation to sustain economic stability

4+ day, 8+ hour ago   (79+ words) CLUB OF MOZAMBIQUE IMF says Angola needs fiscal consolidation to sustain economic stability An IMF staff team led ​by Mika Saito held ​discussions in Luanda and virtually from August ⁠24 to September 9 as part of Angola’s Post-Financing Assessment, the fund ​said…...

Mozambique
clubofmozambique.com > news > mozambique-telecom-customer-complaints-jump-43-9-in-2025

Mozambique: Telecom customer complaints jump 43.9% in 2025

5+ day, 45+ min ago   (108+ words) clubofmozambique.com Mozambique: Telecom customer complaints jump 43.9% in 2025 Most complaints were related to service quality, particularly among mobile operators and subscription television providers, which together accounted for more than 90% of all complaints. According to the Consumer Protection Report on Communications…...

Mozambique
clubofmozambique.com > news > moodys-sees-ongoing-surge-in-africas-private-credit-market

Moody's sees ongoing surge in Africa's private credit market

5+ day, 2+ hour ago   (226+ words) The continent’s ‌private credit industry remains small but has grown rapidly in recent years, with assets under management rising to $5.6 billion at the end of 2025 from $1.8 billion in ​2020, according to the report. Moody’s said demand would continue to ​be supported…...