Wednesday, May 23, 2012 4:58 PM SAST

Mozambique

 

Mozambique, officially the Republic of Mozambique, is a country in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west and Swaziland and South Africa to the southwest.

Mozambique is a member of the Commonwealth of Nations, the Community of Portuguese Language Countries and an observer of the Francophonie. Mozambique's life expectancy and infant mortality rates are both among the worst ranked in the world due to the excessive malaria-carrying mosquitoes. Its Human Development Index is one of the lowest on earth. Read More

Headlines Around the Web

Articles About Mozambique

Coal
Intl Tenders for New Coal, Hydrocarbon Project Being Readied by Mozambique

By IBTimes AU

The government of Mozambique has announced it is currently preparing the necessary prerequisites for the international tenders it intends to make on the new oil and natural gas blocks in the Rovuma Basin in the far northern portion of the country. (May 14)

MORE TOPICS: ZAMBIA

Uganda says could eject Oxfam over land grab claims

By Reuters UK

Uganda has threatened to kick out Oxfam after the British charity accused the government of complicity in violent land grabs for commercial gains, according to the interior ministry. (May 09)

MORE TOPICS: SUDAN, UGANDA, RWANDA

M&A opportunities remain in Europe E&P industry - Goldman

By Reuters UK

Goldman Sachs raised its price target on several European exploration and production companies and said there were opportunities for deals in some assets in the sector. (May 09)

MORE TOPICS: GOLDMAN SACHS, M&A, UGANDA, EMERGING MARKETS, LONDON

Royal Dutch Shell
Shell Q1 Profit Rises 11% On High Oil Prices

By IBTimes

Royal Dutch Shell, the world's third largest oil and gas company, reported a $7.7 billion profit in the first quarter on Thursday, giving the company an 11 percent increase compared to the same period a year ago. (Apr 26)

MORE TOPICS: KENYA

Royal Dutch Shell (NYSE:RDS-A) Expands in Africa

By LiveTradingNews

Royal Dutch Shell has agreed to buy Cove Energy for GBP1.12-B (US$1.8-B), lifting its offer to access East Africa's huge Nat Gas reserves, but failing to quell rumors of a bidding war with Thailand's PTTEP for the Mozambique-focused explorer. (Apr 24)

MORE TOPICS: NYSE, INVESTMENT

Royal Dutch Shell logo
Cove Energy Accepts $1.8B Takeover Offer From Royal Dutch Shell

By IBTimes

Britain's Cove Energy PLC, which owns part of a massive natural gas field off the coast of Mozambique, said Tuesday it accepted a sweetened takeover offer of £1.12 billion ($1.8 billion) from a unit of Anglo-Dutch energy giant Royal Dutch Shell PLC. (Apr 24)

MORE TOPICS: INDIA, KENYA, LONDON

Banks, commods lead moderate bounce by FTSE 100

By Reuters UK

Britain's top share index bounced higher in early deals on Tuesday, recovering after sharp falls in the previous session, led by a rally in banks and commodity stocks which had been the biggest fallers on Monday as investors focused on hopes the U.S. (Apr 24)

MORE TOPICS: FEDERAL RESERVE, BARCLAYS, FTSE, COPPER, OUTSOURCING, INVESTMENT

Updates: BHP Warns On Coal, Vale Sees Iron Ore Lower

By Aireview

Is BHP Billiton about to be 'save' its coking coal competitors here and around the world with a price spike for a second year in a row. (Apr 19)

MORE TOPICS: GOLD, AUSTRALIA, STORM, COPPER, WESFARMERS, RIO TINTO

SABMiller Scales Up Investments with Stable Outlook
SABMiller Scales Up Investments; S&P Says Outlook Stable

By IBTimes UK

SABMiller Plc plans to revamp breweries with $2.5 billion investment in Africa as the group sees strong prospects for increasing its volumes, revenues and profitability. (Apr 18)

MORE TOPICS: S&P, MANAGEMENT, SABMILLER PLC, INVESTMENT

SABMiller eyes $2.5 billion in Africa investment

By Reuters UK

SABMiller <SAB.L> plans to invest up to $2.5 billion in Africa over the next five years to build and revamp breweries, its head for the region said on Monday, as it looks to slake rising demand for beer in the fast-growing continent. (Apr 16)

MORE TOPICS: SOUTH AFRICA, INVESTMENT, LONDON