An initiative led by the African Development Bank and World Bank is securing big money and political commitments to bring ...

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In 2012, when M23 rebels appeared poised to seize control of a major city in eastern Congo, western countries suspended aid ...

However, it is the role of foreign corporations, often in partnership with these powers, that truly drives the exploitation of African resources. These multinationals are largely plundering wealth for ...

Further reading: In Mozambique, the gas bonanza at the center of the election Amid the chaos, over 1,500 prisoners escaped from Maputo’s central prison on Christmas Day. Among them, 33 were ...

The Mozambican private sector yesterday welcomed the decision by the Bank of Mozambique to reduce the monetary policy rate ...

More than 40% of the loans granted by BNI and Ecobank were in default at the end of September, and most of Mozambique's ...

The effects of climate change have become increasingly evident and a new monetary policy framework is needed to enable ...

The Monetary Policy Committee of the Bank of Mozambique (CPMO), at a meeting in Maputo on Monday decided to cut its benchmark interest rate, the MIMO rate, by 50 base points.Thus, the MIMO rate fell ...

Mozambique's central bank cut its policy rate for the seventh consecutive meeting on Monday but by a smaller margin, saying inflation was expected to remain in single digits but risks to its forecasts ...

Mozambique's central bank cut its main interest rate by 50 basis points to 12.25% , it said on Monday, the seventh rate cut in a row.

For decades, Mozambicans have experienced a steep decline in the standard of living brought on by decades of neoliberal ...