The southeast African nation has suffered economic damage in the wake of protests against elections in October that extended ...

At least 63 companies are having difficulty paying bills to overseas suppliers due to a lack of foreign currency, generating ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, conducted discussions from February 19 to March 4, ...

Foreign direct investment (FDI) in Mozambique grew 44.7% in the first nine months of 2024, compared to the same period of the ...

while the remaining money was unaccounted for. As a result, international financial institutions restricted Mozambique’s access to concessional lending and foreign investors became more cautious ...

Mozambique's economy shrank in the final quarter of last year following election turmoil, official data showed. Gross ...

There is a serious shortage of foreign currency. The Confederation of Economic Associations of Mozambique (CTA) said 63 companies have waited more than six months to pay a total of $402mn of import ...