The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. Reuters/Washington Alves
Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor

Miner Vale SA will settle in advance liabilities of around $2.5bn related to the project finance for the Nacala logistic corridor (CLN) that serves a coal mine in Mozambique, the company said in a securities filing on Tuesday.

By Marta Nogueira 9 Jun 2021

Mozambique launches construction of $1bn power plant, transmission line
Mozambique launches construction of $1bn power plant, transmission line

Mozambique on Monday, 31 May, began construction of gas-to-power plant and transmission line projects worth $1bn in the southern province of Inhambane as the government aims to boost energy supply.

1 Jun 2021

Create Mozambique celebrates 25 years of firsts
Create Mozambique celebrates 25 years of firsts

The agency celebrated 25 years since its establishment, on the 7 May, with continual reinvention, change, transformation in its DNA and a lot of firsts.

Issued by Dentsu 17 May 2021

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