New ethanol factory opens in Mozambique

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The ethanol factory owned by NDZiLO in Mozambique’s Dondo province, was opened Thursday and has a production capacity of 2 million litres of ethanol made from cassava, the business’ partners said.

A partnership between US venture capital company CleanStar Ventures, and Denmark’s Novozymes, NDZiLO intends to provide an improved solution for cooking meals to residents of Mozambican urban areas, where the price More

Team from Brazil’s Embrapa on data collection mission in Mozambique

A team from Brazil’s “Embrapa Monitoramento por Satélite” (Campinas/SP) – “Embrapa Satellite Monitoring” – is in Mozambique on a mission to collect data about land use, natural resources, and agri-livestock production systems in the Maputo Corridor, the institution said.

The team, which is part of the Brazil-Mozambique Platform, is expected to have travelled around 3,000 kilometres in the Mozambican provinces of More

Beacon hills Resources due to ship first load of coking coal mined in Mozambique

Beacon Hill Resources plans in the middle of this year to ship its first load of coking coal mined at the Moatize Mines to Indian company Global Coke, the company said in a statement issued Thursday.

In the statement Beacon Hill Resources said it planned this year to export 100,000 tons of coking coal, to be carried to the port of Beira More

European Commission approves partnership in Angola LNG

The proposal to acquire joint control of Angolan company Angola LNG by United Kingdom group BP, US group Chevron Global Energy, Italy’s ENI, France’s Total and Angolan oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) has been approved by the European Commission.

After analysing the deal under the terms of the European Union Merger Regulations, the Commission decided that the deal More

Development of Benguela and Lobito region, in Angola, to be debated Friday

The 2nd Business Forum, which is part of the second edition of the Benguela International Fair (FIB), is due to be held Friday in Benguela with a view to debating and promoting initiatives to drive development in the Benguela and Lobito region, the event’s organisers said.

The meeting will have four panels – Local Power: Management and sustainability, Agriculture and agri-livestock, Real More

Angola and Thailand plan to work together in oil and natural gas sectors

The governments of Angola and Thailand Wednesday in Bangkok signed a memorandum of understanding on cooperation in the oil and natural gas sectors, Angolan news agency Angop reported.

Angola’s oil minister, José Maria Botelho de Vasconcelos, and Thailand’s Energy Minister, Arak Chonlatanon signed the document.

Jose Maria Botelho de Vasconcelos ended a visit to Thailand Friday heading up a ministerial More

Mozambican businesspeople interested in refurbishing Chicamba dam

Studies to refurbish the Chicamba dam, on the Revué River, in the Mozambican province of Manica, are underway at the request of a group of Mozambican businesspeople linked to the energy sector, Mozambique’s Energy Minister said.

Speaking to Mozambican private television station TIM (Televisão Independente de Moçambique), Salvador Namburete said that the study was delayed although the deadline given to the businesspeople More

IMF approves loan of US$3.97 million to Sao Tome and Principe

A technical team from the International Monetary Fund (IMF) has reached agreement with the Sao Tome and Principe authorities on the country’s economic programme for 2012-2015, which will be granted funding of US$3.97 million the IMF said in a statement.

The IMF mission, which Thursday ended a visit of almost two weeks to Sao Tome and Principe, said that the medium-term economic More