MAPUTO, Oct. 4 (Xinhua) — The Coral North Floating Liquefied Natural Gas (FLNG) project in Mozambique reached its Final Investment Decision (FID) on Thursday, with a signing ceremony held in the capital, Maputo. The multi-billion-dollar project is jointly developed by Italy’s Eni Group, China National Petroleum Corporation (CNPC), Mozambique’s national oil company ENH, Korea Gas… Continue reading Mozambique’s Coral North FLNG Project Reaches Final Investment Decision
Category: Business
Ethiopia Strengthens Cotton Sector to Boost Exports and Domestic Supply
Initiatives launched in Ethiopia over the past three years to boost cotton productivity and quality have significantly increased foreign currency earnings while also meeting domestic consumption needs, according to the Ministry of Agriculture. By focusing on modern farming techniques, the government has positioned cotton as a dual contributor to the economy, underpinning local industries while… Continue reading Ethiopia Strengthens Cotton Sector to Boost Exports and Domestic Supply
Zimbabwe Turns Mining Growth into Energy Opportunity with US$9 Billion Project
Zimbabwe is leveraging its fast-growing mining sector to drive a major energy transformation, with plans to channel more than US$9 billion into new power generation projects by 2030. This is reported by The Herald, a partner of TV BRICS. The strategy, outlined by Energy and Power Development Minister July Moyo at the Africa Down Under… Continue reading Zimbabwe Turns Mining Growth into Energy Opportunity with US$9 Billion Project
South Africa Posts 0,8% GDP Growth but Investment and Exports Lag
South Africa’s economy posted a modest recovery in the second quarter of 2025, with gross domestic product (GDP) growing by 0,8% between April and June, Statistics South Africa announced on Tuesday.The growth comes after a sluggish 0,1% increase in the first quarter, and offers some relief for an economy still battling structural weaknesses, load shedding,… Continue reading South Africa Posts 0,8% GDP Growth but Investment and Exports Lag
South Africa Becomes UAE’s Second-Largest Non-Oil Trade Partner in Africa
Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade, met with representatives of the South African Business Council in the UAE to review opportunities to expand trade, investmentб and private sector collaboration between the two countries. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. Discussions noted that the… Continue reading South Africa Becomes UAE’s Second-Largest Non-Oil Trade Partner in Africa
Zimbabwe Secures Major Indian Investment Interest in Mining, Agriculture, and Energy
Zimbabwe is witnessing a surge of interest from Indian investors across strategic sectors following recent business discussions in New Delhi. According to the Indian Ambassador to Zimbabwe, investments from India in the country now exceed US$600 million, spanning food processing, mining, textiles, agricultural equipment, and polymers, creating direct and indirect employment for up to 15,000… Continue reading Zimbabwe Secures Major Indian Investment Interest in Mining, Agriculture, and Energy
Colombia Eyes Ethiopia as Strategic Gateway to African Markets
Colombia has reaffirmed its commitment to advancing South–South cooperation by positioning Ethiopia as a key partner and strategic entry point to African markets. This is reported by the Fana Media Corporation (FMC), a partner of TV BRICS. Speaking at a high-level business roundtable in Addis Ababa, Vice Minister for Foreign Trade, Felipe Quintero Suarez, announced… Continue reading Colombia Eyes Ethiopia as Strategic Gateway to African Markets
Egypt-UAE Trade Soars by 77.7% to US$4.8 Billion in First Half of 2025
TV Trade between Egypt and the United Arab Emirates (UAE) has experienced a dramatic surge, reaching US$4.8 billion in the first half of 2025. This represents a 77.7 per cent increase compared to the US$2.7 billion recorded during the same period in 2024, as reported by Daily News Egypt, a partner of TV BRICS. The… Continue reading Egypt-UAE Trade Soars by 77.7% to US$4.8 Billion in First Half of 2025
From Hard Hats to High Heels: Women in Construction Shine at 6th ERWIC Awards
The usual clang of steel, dust of cement, and grit of construction boots were replaced by the sparkle of sequined gowns, the click of high heels, and the warmth of heartfelt applause as scores of women in South Africa’s construction industry gathered at The Houghton Hotel for the 6th annual cidb Empowerment and Recognition of… Continue reading From Hard Hats to High Heels: Women in Construction Shine at 6th ERWIC Awards
Pan-African Ecobank Exits Mozambican Market
Ecobank Transnational Incorporated (ETI) has officially announced its exit from the Mozambican market following the sale of its shares in Ecobank Mozambique S.A. to FDH Bank Plc, a Malawian financial institution listed on the Malawi Stock Exchange. The announcement was made via a statement filed with the Nigerian Exchange Limited (NGX) on Tuesday. According to… Continue reading Pan-African Ecobank Exits Mozambican Market