Mozambique's Parliament is debating mining reforms requiring 15% state equity in all projects, banning unprocessed mineral exports, and allocating 10% of revenues to local development, aiming to increase domestic value capture and industrial development across the extractives sector.
African nations warn citizens in South Africa to stay indoors amid xenophobic attacks.
China trades defence support, investment for Mozambique’s 5 trillion cubic metres gas and vast mineral reserves
Taiwan President Lai Ching-te cancelled his Africa trip after China allegedly pressured Seychelles, Mauritius, and Madagascar to revoke flight permits, marking the first time a Taiwanese president postponed overseas travel due to Chinese pressure.
Mozambique's Parliament debates draft legislation mandating 15% minimum state equity in mining projects while restricting mineral exports, aiming to boost domestic value capture, local processing, and industrial development across coal, graphite, and natural gas sectors.
Mozambique proposes mining law reforms for a 15% state stake and export ban on unprocessed minerals.
China and Mozambique will map critical minerals in insurgency-hit Cabo Delgado, targeting graphite and rare earth elements.
Mozambique's Parliament is debating mining reforms requiring a mandatory 15% state equity stake in all projects and banning unprocessed mineral exports, aiming to capture greater domestic value and accelerate industrial development across its extractives sector.
Mozambique signals move to join Africa’s mining revolution with 15% state stake and export ban
Xi Jinping meets with foreign leaders, including Mozambique's President Daniel Chapo, in Beijing this year.