See more BNEWS on Google
Mozambique and Russia have expressed their intention to strengthen economic and commercial cooperation, with the aim of identifying new investment opportunities and expanding bilateral relations. The commitment was highlighted on Monday, 26 October, during a meeting between Mozambican President Daniel Chapo and Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation, in Moscow.
The meeting took place as part of the Mozambican Head of State’s working visit to the Russian capital, where he is attending the Third Russia-Africa Summit at the invitation of Russian President Vladimir Putin.
According to the Mozambique News Agency (AIM), discussions focused on deepening the longstanding ties of friendship and cooperation between the two countries, with particular emphasis on expanding economic and commercial partnerships.
Speaking to journalists after the meeting, Daniel Chapo stressed the importance of transforming the historical relationship between Mozambique and Russia into concrete opportunities for cooperation capable of strengthening economic ties.
“We are here, once again, to further strengthen our historical ties of friendship and cooperation, and particularly to expand them into economic and commercial relations,” the Mozambican President stated.
Chapo also reiterated the importance of maintaining bilateral relations, emphasising that both countries should preserve the connections established over recent decades.
“We must always remain united, our countries and our brotherly peoples,” he declared.
The renewed focus on economic cooperation comes as Mozambique seeks to diversify its international partnerships, explore new investment opportunities and strengthen trade relations with different markets.
Daniel Chapo’s visit to Moscow is part of a diplomatic agenda aimed at strengthening cooperation with the Russian Federation, including contacts with representatives of Russian institutions and companies.
According to reports published by the national media, technical teams from both countries are working on the preparation of strategic cooperation agreements, which could be signed in 2027 during a future official visit by the Mozambican President to Russia.
Areas of interest include transport, logistics and energy, which are considered important for deepening economic relations and identifying investment opportunities in Mozambique.
Meanwhile, the Third Russia-Africa Summit provides a platform for dialogue aimed at promoting cooperation between Moscow and African countries across various sectors of mutual interest.
During the summit, Heads of State are expected to adopt three documents: the Declaration of the Third Russia-Africa Summit, the 2027–2029 Action Plan, and a declaration on cooperation in the peaceful use of artificial intelligence technologies.
Daniel Chapo’s participation marks his first attendance at the summit, at a time when Mozambique is seeking to strengthen international economic relations and create favourable conditions for attracting new investment.
Despite the interest expressed by both sides, no new investments or concrete trade agreements were announced during the meeting with Dmitry Medvedev, with the expansion of economic cooperation remaining a priority in bilateral discussions.
The Mozambican Government has decided to extend until March 2029 the validity of a $2.25 billion sovereign guarantee granted to creditors of the Mozambique LNG project, led by French energy giant TotalEnergies in Area 1 of the Rovuma Basin, Cabo Delgado province. The decision follows a revision of the financial timetable for the project, valued at approximately $20 billion.
Mozambique’s Ministry of Education and Culture (MEC) and Ministry of Finance are discussing mechanisms to settle outstanding payments owed to teachers, including overtime compensation, additional teaching shifts, salaries and career progression entitlements. The two institutions are also seeking financial resources to ensure the printing and distribution of school textbooks for the 2027 academic year.
US President Donald Trump raised allegations of fraud in Brazil’s presidential election on Monday, 26 October, following the re-election of Luiz Inácio Lula da Silva for a fourth term. Despite questioning the legitimacy of the electoral process, the American leader provided no evidence of irregularities.
England striker Harry Kane, who plays for Bayern Munich, won the 2026 Ballon d’Or on Monday, 26 October, beating France’s Kylian Mbappé of Real Madrid and Spain’s Lamine Yamal of Barcelona. The award, presented by France Football magazine, recognises the 33-year-old as the world’s best footballer following a season marked by an outstanding goalscoring performance.
Choose BNEWS as a preferred source and see more of our reporting when you search on Google.
The Mozambican Government is preparing to open document application centres in South Africa, Portugal and England within the next six months, aiming to improve access to public services for citizens living abroad and reduce the costs associated with travelling back to Mozambique.
Mozambique’s National Energy Fund (FUNAE) plans to complete ten electrification projects by June 2027, as part of efforts to accelerate electricity access across the country, particularly in rural areas. The initiative follows financial constraints that have delayed construction works and the maintenance of energy infrastructure in several regions.
The Angolan Government has proposed a 10% salary increase for public sector employees in 2027, a move that has drawn criticism from trade unions, which consider the proposed adjustment insufficient compared with a 2024 agreement that envisaged a cumulative 100% salary increase over three years.
Brazilian President Luiz Inácio Lula da Silva was re-elected on Sunday, October 25, after defeating Flávio Bolsonaro in the second round of the presidential election, staging an unprecedented comeback in Brazil's democratic history. The victory secures the Workers' Party (PT) leader a fourth presidential term, extending his time in office until 2030.
