The Coca-Cola Company and Anheuser-Busch InBev have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (“CCBA”) for 3.15 billion USD, after customa...

December 27, 2016

Infrastructure Principal Secretary John Mosonik (right) goes through documents showing progress on a road project in the Coast. The PS has revealed that major roads being built by the national government i...

December 27, 2016

At least 14 million US dollars have been invested by the Angolan business group Sodosa in the construction, equipping and functioning of the Mangolé supermarket located in Viana Municipality, in Luanda Pro...

December 27, 2016

 The Coca-Cola Company (NYSE: KO) will acquire Anheuser-Busch InBev’s majority stake in Africa’s largest Coke bottler, the two companies said in a joint statement Wednesday.

Coke will purchase the 54.5 perc...

December 23, 2016

Energi Mega Persada president director Imam Pria Agustino answers questions during the company's public expose in Jakarta on Wednesday (JP/Anton Hermansyah)

Bakrie Group’s oil and gas subsidiary Energi Mega...

The Parliamentary Commission on the secret $2 billion debt said that the government guarantees were unconstitutional and that the loans should be seen purely as loans to three private companies.

Nevertheles...

December 21, 2016

Mozambique’s metical is stabilizing and the inflation rate is forecast to drop after an aggressive rate hike by the central bank in October, according to Governor Rogerio Zandamela.

“The most recent informa...

December 20, 2016

Galp Energia has announced that its board of directors has approved the investment related to the Coral South area – the first development related to the discoveries made in the Area 4 of Mozambique’s Rovu...

December 20, 2016

Aim-listed miner Gemfields has achieved auction revenues of $30.4-million at its latest rough ruby auction from its 75%-owned Montepuez deposit, in Mozambique.

Running between December 12 and 16, Gemfields...

December 19, 2016

At least 18 million people listen to community radios in Mozambique, with the largest numbers of listeners concentrated in the two most populous provinces of Nampula and Zambezia.

This is one of the conclus...

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