Archive for the ‘Mozambique’ category

Portuguese firm flourishing in Mozambique

“Mozambique is a true case of success and has developed rather positively over the past two years,” says Jorge Coelho, chairman of the executive committee of the Mota-Engil Group.

South African firms constructing new Maputo hotel

South African engineering and construction group Stefanutti Stocks is currently constructing a five star Radisson Hotel on Beach Road in Maputo, Mozambique.

Portuguese lender eyeing Mozambique’s Moza Banco

Banco Espirito Santo SA, Portugal’s largest publicly traded bank by market value, has signed a memorandum of understanding to acquire a 25% stake in Mozambique’s Moza Banco SA.

Low cost carrier introduces competition on Maputo route

South African low cost carrier, 1time airline, last week announced it will operate five flights a week between Johannesburg and Maputo, Mozambique, commencing 12 August 2010.

Strong economic growth projected for Mozambique

Mozambique is expected to grow robustly in 2010 as a combination of accommodative economic policy and a rebound in global trade boosts the economy.

Nestlé to boost operations in Africa

Nestlé last week announced it will invest CHF 150 million (US$141 million) in the Equatorial African Region (EAR) over the next three years.

Which countries have the most potential for sugar cane growing and processing?

Question: Which countries in Africa have the best potential for sugar cane growing and processing?