Mozambique's Maputo port began construction on the first phase of its planned $2-billion expansion project on Monday, a senior port official said. The $164-million first phase will more than ...

Nacala Logistics moved 647 (kt) kilo-tonnes of miscellaneous cargo in 2024, a significant increase of 117 kt on the 2023 figure. On its Facebook page, the company explains that the milestone is the ...

Merec Industries, with a processing capacity of 1.0 million MTpa, is expected to add over USD272 million to Invictus’ ...

Invictus Investment acquires Merec Industries through the purchase of its holding company Stratton Africa Holdings Limited, ...

The MPDC, a consortium of DP World, Grindrod, and Mozambique’s state rail operator, will oversee the project. The expansion comes amid increased port activity as exporters seek alternatives to ...

CAPE TOWN, Jan 27 (Reuters) - Mozambique's Maputo port began construction on the first phase of its planned $2 billion expansion project on Monday, a senior port official said. The $164 million ...

In addition to these factors, the modernization and expansion of Nacala Port, which is economically classified as the “heart” of Nampula province, in northern Mozambique, has also opened up new ...

Kalmar Corporation has received an order to supply Mozambique’s Maputo Port Development Company (MPDC) with four heavy forklifts, a medium forklift and five terminal tractors. The order was booked in ...

The company expects the project to generate $16.4-billion in total revenue and an operating cost to export product through the Nacala port of $432 ... interconnector to Mozambique in the second ...

TotalEnergies has further delayed its troubled $20bn liquefied natural gas project in Mozambique as security concerns and political uncertainty dog one of Africa’s biggest energy investments.

Complicated political uncertainties and security issues have forced TotalEnergies to push back once again the restart of works for its $20-billion LNG export project in Mozambique, which has been ...

REUTERS/Siphiwe Sibeko Jan 21 (Reuters) – Mozambique’s largest port, Maputo, reported a 1% decline in volumes in 2024 mainly due to post-election protests that forced border closures and road ...