Over the past decade, China has become Mozambique’s top infrastructure partner, achieving significant milestones. Highlighted projects, like the Maputo-KaTembe project, the longest African suspension bridge, and Maputo Ring Road, showcase the deep cooperation between the two countries. The partnership has brought to life the EN6 highway, linking Beira to Machipanda, upgraded Mozambique’s railways, and boosted […]
Related Posts
Historic R$170 Billion Settlement for Mariana Dam Disaster
Nine years after the devastating Mariana dam collapse, Vale and BHP have agreed to a monumental R$170 billion ($30.36 billion) settlement. The deal addresses Brazil’s worst environmental disaster, which occurred on November 5, 2015, when the Fundão tailings dam failed. The catastrophe claimed 19 lives and unleashed toxic waste, ravaging nearby villages and polluting waterways. […]
Oil Prices Dip Amid Global Economic Concerns and Middle East Tensions
Oil prices fell on Monday as investors weighed multiple factors affecting the global market. The commodity fluctuated throughout the trading session, reflecting concerns about China’s economic slowdown and worldwide economic deceleration. Traders closely monitored the escalating conflict between Israel and Hezbollah, which heightened tensions in the Middle East. The market also anticipated a potential increase […]
Lula attends CELAC-EU summit following invitation
Luiz Inácio Lula da Silva, the President of Brazil and current President of Mercosur, has accepted an invitation to participate in the Summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU) in Brussels at the end of July. The invitation was extended by Pedro Sánchez, the President of […]