Uganda supporting veterans' militias in Cabo Delgado; Hydro mega-project attracts wide range of bidders

Welcome to Zitamar’s daily Mozambique briefing for 28 April 2022

Agenda:

• Today: President Filipe Nyusi is on his second day of a three-day state visit to Uganda

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The latest from Zitamar News:

Vale’s coal mine turns 38% profit as prices spike ahead of cut-price sale to Jindal
Vale's revamp of the Moatize mining operation, combined with higher global prices, led the project to make a $170m profit just as the Brazilian company sells it to India's Jindal group for just $270m

Eight consortia vie for Mphanda Nkuwa megaproject
The eight consortia vying to develop the $5bn hydroelectric mega project include state-owned companies from Zimbabwe and Zambia, major energy and construction companies from Europe and Asia, and an agricultural commodities trading group

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Also in the news:

• Uganda providing support for Cabo Delgado veteran militias, says Nyusi (Lusa)

• Mozambican economists wary of IMF return (Lusa)

• Government criticised for alleged lack of transparency in deal with Brazilian company Vale (VOA) 

• Kidnapping victims in Mozambique "constantly blackmailed" after release, says attorney-general (Lusa)

• Hidden debts: Attorney-general insists on Chang’s extradition to Mozambique (AIM)

• As EDM celebrates 45th birthday, only 39% of Mozambicans have access to electricity (Carta de Moçambique)