TotalEnergies SE formally restarted construction of a $20 billion liquefied natural gas project in Mozambique, ending a nearly five-year delay in developing one of Africa’s biggest-ever investments.
TotalEnergies SE formally restarted construction of a $20 billion liquefied natural gas project in Mozambique, ending a nearly five-year delay in developing one of Africa’s biggest-ever investments.
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.
Workers prepare merchandise at the central market in Maputo.
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.
Workers prepare merchandise at the central market in Maputo.
Mozambican President Daniel Chapo canceled a trip to the World Economic Forum in Davos after the worst flooding in decades in the southeast African nation killed more than 100 people and damaged or destroyed tens of thousands of homes.
Mozambican President Daniel Chapo canceled a trip to the World Economic Forum in Davos after the worst flooding in decades in the southeast African nation killed more than 100 people and damaged or destroyed tens of thousands of homes.
Residents sit on a Mozambique military truck transporting them across floodwater that blocked a road in the Boane district on January 16, 2026. Mozambique has experienced weeks of heavy rains and residents of low-lying areas near the capital, Maputo, were urged to evacuate to higher ground on January 16, 2026. (Photo by Amilton Neves / AFP via Getty Images)
Mozambican President Daniel Chapo canceled a trip to the World Economic Forum in Davos after the worst flooding in decades in the southeast African nation killed more than 100 people and damaged or destroyed tens of thousands of homes.
Mozambican President Daniel Chapo canceled a trip to the World Economic Forum in Davos after the worst flooding in decades in the southeast African nation killed more than 100 people and damaged or destroyed tens of thousands of homes.
Residents sit on a Mozambique military truck transporting them across floodwater that blocked a road in the Boane district on January 16, 2026. Mozambique has experienced weeks of heavy rains and residents of low-lying areas near the capital, Maputo, were urged to evacuate to higher ground on January 16, 2026. (Photo by Amilton Neves / AFP via Getty Images)
The International Monetary Fund said it’s working hard to create the necessary conditions for a new financed program with Mozambique, as the southeast African nation faces “immense pressures.”
The International Monetary Fund said it’s working hard to create the necessary conditions for a new financed program with Mozambique, as the southeast African nation faces “immense pressures.”
A flooded street outside homes in the Praia Nova neighborhood of Beira, Mozambique, on Wednesday, March 20, 2024.