Only three state-owned companies – the Cahora Bassa Hydroelectric (HCB), the Mozambique Ports and Railways (CFM) and the Mozambican Insurance Company (EMOSE(  – can acquire the state's stake in Linhas ...

The Mozambican government has approved the sale of 91 percent of the stake in LAM Mozambique Airlines the national flag carrier to three state-owned ...

The government will sell 91 percent of its State shares in the Mozambican Airlines Company (LAM). The decision was approved this Tuesday by the Council of Ministers, which also authorized the Ports ...

The Democratic Republic of the Congo (DRC) is the second-largest country in Africa and the 11th-largest in the world by land area.

State-run railway engineering and consulting company RITES Ltd is set to resume high-value rolling stock exports to Bangladesh, Mozambique and South Africa next financial year as it looks to ...

South African infrastructure projects worth over R4. 2 billion are proceeding along the Maputo Corridor, with TRAC beginning ...

As such, Kosi Bay port of entry to Mozambique through Kwazulu-Natal saw a significant increase of traveller volume to about 63,326 compared to the 41,079 for 2023/2024 festive period. This was due ...

The Ministry of Railways has introduced 'SwaRail', a new superapp designed to consolidate multiple railway services into a single platform. Currently in its beta phase, the app is available for ...

It also said that the addition to the rolling stock of railways, port handling capacity and power and transformation capacity improved during FY25 so far on a year-on-year basis. According to the ...

Azerbaijan’s state-owned electricity producer, Azerenergy, is advancing the construction of six hydroelectric power plants (HPPs) in the Kalbajar and Lachin districts as part of the country’s efforts ...

Johannesburg-, Sydney and London-listed globally diversified mining and metals company South32 on Monday reported a sufficiently strong start to the year to enable it to maintain production guidance ...