The Mozambican government has sharply increased fuel prices, with diesel rising by 45.5% and petrol by 12.1% per litre from today, citing soaring international oil prices linked to the conflict in the Middle East. Speaking to journalists in Maputo after a Cabinet meeting on Wednesday night, the chairman of the Board of the Energy Regulatory Authority (Arene), Paulo da Graça, said the government had been monitoring developments in the Middle East for more than two months. “As is widely known,…

Mozambique will no longer accept being merely an exporter of raw materials, President Daniel Chapo declared, setting out an ambitious vision to transform the country’s vast natural resources into a foundation for industrialisation, economic diversification and shared prosperity. A New Economic Vision Delivering a keynote address at the 12th Mozambique Mining and Energy Conference and Exhibition (MMEC) in Maputo, the president outlined a decisive shift in economic strategy—one aimed at ensuring that the extraction of resources translates into tangible benefits…

Mozambican business leaders have warned of the “severe” impact of the ongoing fuel crisis, saying shortages are disrupting the movement of workers and goods and threatening the normal functioning of companies, while the government scrambles to secure alternative fuel supplies. Speaking at the opening of the 12th Mozambique Mining and Energy Conference and Exhibition in Maputo, the vice-president of the Confederation of Economic Associations (CTA), Onório Manuel, said the scarcity of fuel is beginning to paralyse economic activity. “The lack…

In a country long burdened by one of the world’s most severe HIV epidemics, Mozambique has taken a decisive step that health officials hope could shift the trajectory of the disease—particularly for its young and most vulnerable populations. The introduction of Lenacapavir, a long-acting injectable for HIV prevention, is being hailed as a potential game-changer in curbing new infections and accelerating progress towards ending AIDS. Launched today at a health facility in Matola, on the outskirts of Maputo, the rollout…

Maputo is in the grip of a deepening fuel crisis, with long queues, shuttered filling stations and rising public anxiety bringing the Mozambican capital to a near standstill. Across the city, vehicles line up for hundreds of metres outside the few stations still operating, while many others have remained closed for days. Armed police have been deployed at several forecourts to manage crowds and prevent clashes, as frustrated residents compete for limited supplies. Some people arrive not only with cars,…

At a time when the global economy is grappling with uncertainty, shifting alliances and uneven growth, a different narrative is steadily gaining ground — one that places Africa not at the margins, but at the centre of the world’s economic future. That vision came sharply into focus in Nairobi on Wednesday, where Daniel Chapo of Mozambique and William Ruto of Kenya used the Fourth Kenya International Investment Conference (KIICO) 2026 to deliver a coordinated message: Africa must move beyond potential…

The Presidents of Mozambique and Ukraine have underscored the growing importance of bilateral partnership and international cooperation following a high-level telephone conversation on Monday between Daniel Francisco Chapo and Volodymyr Zelenskyy. The discussion, described by Mozambique’s presidency as constructive and forward-looking, focused on expanding ties across key sectors including agriculture, energy, trade and technical and vocational training. Both leaders expressed a shared commitment to advancing practical mechanisms that can translate diplomatic goodwill into tangible economic and developmental outcomes. Analysts note…

Over four packed days in Brussels, Mozambique’s President, Daniel Chapo, delivered a clear and ambitious message to European leaders and investors: the country is ready to reposition itself as a competitive destination for both technological innovation and energy investment. The visit, held at the heart of the European Union, blended diplomacy with economic strategy, showcasing Mozambique as a nation seeking to convert its vast natural resources and youthful population into drivers of modern growth. A digital shift: from infrastructure to…

South32 confirms Mozal Aluminium (Mozal) was placed on care and maintenance on 15 March 2026. South32 Chief Executive Officer, Graham Kerr, said: “Over the past six years we have engaged extensively with the Government of the Republic of Mozambique, Eskom and other key stakeholders but were unable to secure sufficient and affordable power supply for Mozal beyond March 2026. “While this is not the outcome we wanted, we are proud of the history and significant contribution Mozal has made to…

The Governor of the Bank of Mozambique, Rogério Zandamela, on Monday launched Mozambique’s new Instant Payment System, known as METIX, during a ceremony held at the bank’s Cultural Centre in the city of Matola. Speaking at the event, Zandamela said the introduction of METIX forms part of a broader programme aimed at modernising the country’s National Payments System, which has increasingly prioritised digitalisation, efficiency and security in financial transactions across Mozambique. The governor highlighted several milestones achieved since 2023 in…