Vale concludes mega-project sale to Jindal group; Critics of militias are manipulating public opinion, says Nyusi

Welcome to Zitamar’s daily Mozambique briefing for 26 April 2022

Agenda:

• Tomorrow-Friday: President Filipe Nyusi on a state visit to Uganda (he is expected to travel there this afternoon)

• Tomorrow-Thursday: Attorney-General Beatriz Buchili presents parliament with her annual report on the state of justice in the country

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From the Zitamar Live Blog:

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Vale has concluded the sale of its Moatize coal mine and the Nacala Logistics Corridor in Moatize, to Vulcan Resources, a Mauritius-registered company owned by India's Jindal Steel and Power

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Today’s headlines:

• Critics of militias are manipulating public opinion, says Nyusi (O País)

• SocGen hired to help refinance Mozambique’s stake in ENI gas project (Bloomberg)

• More than 50 forestry companies to close due to covid-19 financial crisis (Rádio Moçambique)

• Ressano Garcia terminal to take 7,500 trucks off the EN4 (AIM)

• Aeroportos de Moçambique reports deficit of MZN2bn (AIM)