Today, Mozambique’s government announced a 4.4% economic growth for the first nine months of this year. This growth rate outperforms the global GDP average and Sub-Saharan Africa’s figures. The government issued a press release after today’s meeting. It revealed an inflation rate of 8.7% from January to September. This rate is lower than the predicted […]
Related Posts
Opinion: Nature’s toll on trade – the Panama Canal climate crisis
(Opinion) The Panama Canal, an engineering marvel and linchpin of global commerce has been under severe duress recently. Reduced rainfall in Central America, accentuated by the El-Niño event, has led to critical drops in water levels at the Canal. It’s a grave reminder that nature holds the ultimate trump card. This climatic adversity has caused […]
Esencia: Puerto Rico’s New $2 Billion Coastal Beacon
Esencia, a $2 billion development, marks a significant step forward for Puerto Rico’s west coast. Launched by the Reuben Brothers and Three Rules Capital, this sprawling project covers 2,000 acres, featuring three miles of untouched beachfront. The initiative promises not only luxury accommodations but a comprehensive community that includes two golf courses, an equestrian center, […]
Peru Launches Historic Irrigation Plan to Transform Highlands
Peru has unveiled its largest-ever agricultural irrigation plan, promising to transform the nation’s highlands and boost agricultural productivity. Ángel Manero, the Minister for Agricultural Development and Irrigation, announced the creation of a vast irrigation strip across the Peruvian highlands. The Peruvian highlands need irrigation to combat water scarcity and ensure consistent agricultural productivity in a […]