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The central Mozambican port of Beira expects to double the annual volume of cargo handled, from 300,000 containers to around 700,000. According to the Director of Operations of the private company Cornelder de Moçambique, which operates the port, Miguel de Jenga, the increase will be achieved thanks...
The Government of Mozambique, through the Council of Ministers, on Tuesday, 15th of August 2023, approved Topuito Industrial Park (TIP) in Larde, Nampula province as an Industrial Free Zone (IFZ) regime, thus acquiring the same status as the Beluluane Industrial Park regime, the largest in the countr...
The Chinese group Huaxin Cement has taken control of Mozambique’s largest cement company, Cimentos de Moçambique (CM). CM was set up under the Portuguese colonial regime in 1924. After Mozambican independence, in 1975, it became a state owned enterprise. In the wave of privatisations of the late 19...
Mozambican Airlines (LAM) on Wednesday announced that in August it will introduce several new domestic routes, flying directly between various provincial capitals. In a statement, LAM explained that, using these routes, passengers will no longer be required to change planes in the country’s capital,...
Tirupati Graphite plans to start producing 50,000 metric tons of graphite next year in Mozambique, targeting 8% of global output by 2030, its executive chairman has said. A critical material in the production of batteries used to store energy and power electric vehicles, graphite is mostly mined in C...