Browsing: Palma

Mozambique Capital, Maputo. SADC has collectively decided to extend its force mission mandate in Mozambique for three months.

The Maputo daily Noticias wrote after the SADC summit that a budgetary allocation of US$29.5 million has been set aside for the three-month extension, after high-level consultations and this would mean until at least mid-April.

The SAMIM extension set from mid-January.

Addressing the opening session of the summit, the current SADC Chairperson, Malawian President Lazarus Chakwera, urged regional bloc member states to stick together and ensure that SAMIM remains multidimensional and comprehensive.…


Unrelenting Conflict outbreak in Mozambique is threatening billions of dollars’ worth of energy projects, this is after a Dozens of people were reported killed in a raid that is suspected to have been carried by Islamist Militants in one of the Africa’s poorest nation.

The fighting was also reported early Monday morning, with Foreign companies suspending its operations triggered by the violence that began on march 20. According to the government sources the armed attackers assaulted the northern coastal town of Palma, close to a $20 billion liquefied natural gas project being developed by France’s Total SE, prompting the suspension of its operation on weekend.

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The attack is the latest in a series of incidents that are undermining the southern African country’s hopes of developing some of the continent’s biggest private investment projects. As much as $120 billion of investments by …