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Ncondezi power project in Mozambique nears JDA completion, financial close 

By: Marleny Arnoldi     11th June 2018 The joint development agreement (JDA) for Aim-listed Ncondezi Energy’s integrated 300 MW power and coal mine project in Tete, Mozambique, is nearing completion.  

CTRG reaches financial close with lenders

By: Creamer Media Reporter      17th January 2018 Mozambique-based Central Térmica de Ressano Garcia (CTRG), a joint venture between Sasol Energy and Electricidade de Moçambique (EDM) has reached financial close on a $189-million project finance transaction with its lenders. CTRG, in which EDM holds a 51% stake and Sasol Energy the balance,... 

AfDB pledges increased financial support for Mozambique

By: Mia Breytenbach     22nd April 2016 The African Development Bank Group (AfDB) has affirmed its commitment to continue supporting the growing Mozambique economy, particularly regarding the country’s energy, agriculture and infrastructure sectors. Leading a team of senior staff to Maputo earlier this month, AfDB president Akinwumi... 

Kenmare’s Moma mine lifts Q3 heavy minerals concentrate output

By: Natalie Greve     27th October 2015 Mineral sands production from Kenmare Resources’ Moma titanium minerals mine, in Mozambique, continued to increase in the third quarter ended September 30, as the mine resumed steady operations following the flood damage to the power lines and industrial action in the first half of the year, the... 

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