MAPUTO, Mozambique, January 25, 2012/African Press Organization (APO)/ — Ms. Antoinette Monsio Sayeh, Director of the African Department of the International Monetary Fund, made the following statement in Maputo today: “It is a great pleasure to be here for my first visit to Mozambique in my capacity as Director of the IMF African Department. I [...]

MAPUTO, Mozambique, December 13, 2011/African Press Organization (APO)/ — For the third year running the Embassy of Italy in Maputo sponsored “Mozambique Fashion Week”, this year in its 7th edition. The event, which took place in Maputo from 2 to 9 December, is part of an effort aimed at the international promotion of the fashion [...]

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The “flying geese” pattern describes the sequential order of the catching-up process of industrialization of latecomer economies. World Bank Chief Economist Justin Yifu Lin delivered the United Nations University ‘WIDER Lecture’ in Maputo, Mozambique Lin indicated that China’s graduation from low-skilled manufacturing will open up new opportunities in African and other low-income countries Developing countries [...]

The World Bank Board of Executive Directors today approved an International Development Association (IDA) credit of US$70 million equivalent in support of the implementation of the Government of Mozambique’s PROIRRI-Sustainable Irrigation Development Project. While agriculture is essential in the country’s development, its potential remains largely untapped. The sector features some of the lowest cereal yields [...]

Over 100 participants from the government, development partners and civil society organizations came together to debate economic growth in Mozambique Macroeconomic stability is a key asset to the economy while commercial agriculture could play a large role in reducing poverty, attendees concluded Presentations highlighted economic successes in other countries and the potential for Mozambique to [...]

A vessel carrying a consignment of 60 metric tones of fertilizer, which failed to dock at the Nsanje World inland port on the day of the opening over the weekend, will come by road. Mahesh Patel, Director of Export Trading Company Limited which was entrusted to bring the consignment into the country on behalf of [...]

A Chinese national has been jailed for 18 months by a Kenyan court for possession of illegal ivory barely a day after last weekend’s seizure of 2 tonnes of ivory and five rhino horns destined for Malaysia, the Kenya Wildlife Service disclosed on Thursday. This was part of two more seizures of illegal ivory from [...]

Thirteen African Heads of State have written to government leaders in donor countries, appealing for financial support to make Education for All (EFA) a lasting legacy of the World Cup 2010 for all children in Africa. In the letter to their counterparts in donor countries, the Presidents of Benin, Burkina Faso, Central African Republic, The [...]