See more BNEWS on Google
Mozambique's participation in the Third Russia-Africa Summit has opened up new prospects for economic, technological and digital cooperation with the Russian Federation, as the Government seeks to attract investment, promote technology transfer and accelerate the structural transformation of the national economy.
President Daniel Chapo said on Friday (30), in Moscow, that the summit had strengthened political and economic relations between African countries and Russia, creating opportunities for new partnerships in strategic sectors.
Reviewing Mozambique's participation, the Head of State highlighted the adoption of a three-year Action Plan aimed at guiding cooperation in areas such as peace and security, sustainable economic development, digital transformation and institutional relations.
"Particular attention was given to the Action Plan for the next three years, which establishes areas of cooperation to deepen this partnership and create better conditions to address the priorities of African countries, in alignment with the African Union's Agenda 2063," Chapo stated.
The President emphasised that Mozambique's participation in international platforms of this nature aims to bring the country closer to partners capable of contributing to economic diversification, the development of national resources and the strengthening of the business sector.
In this context, the Government intends to mobilise investments that will boost domestic production capacity, encourage knowledge and technology transfer, and generate employment opportunities, particularly for businesses led by young people and women.
"We want to attract investments that add value to national resources, promote technology transfer, strengthen Mozambican companies, particularly those led by young people and women, and create jobs," he said.
Technological cooperation was another key area highlighted by the Mozambican President, who identified opportunities in information and communication technologies, artificial intelligence for peaceful purposes, and the modernisation of public and private services.
According to Chapo, access to new technological capabilities could help improve the competitiveness of Mozambican businesses, modernise productive sectors and increase the efficiency of public service delivery.
"In Mozambique, we are strongly committed to digital transformation in both the public and private sectors, to improve service delivery to citizens and accelerate our path towards economic independence," he declared.
Beyond the opportunities identified during the summit, the Government intends to follow up on potential areas of cooperation discussed during the visit, seeking to translate political and economic contacts into concrete development initiatives.
The rapprochement with Russia forms part of Mozambique's strategy to diversify its international partnerships, with the aim of mobilising resources, expertise and investment to strengthen the national economy.
The Third Russia-Africa Summit, which concluded on Thursday (29), brought together representatives from 28 African countries in Moscow to discuss deeper political, economic and security cooperation.
Despite the new prospects, the realisation of investments will depend on translating political understandings and institutional contacts into concrete commitments and projects.
Electricidade de Moçambique (EDM) has announced scheduled power outages for Saturday, 31 October, and Sunday, 1 November, affecting several areas of Maputo City and the provinces of Gaza, Sofala, Manica and Zambézia, as part of preventive and corrective maintenance work on electricity infrastructure.
The Mozambican Government and the Mozambican Federation of Road Transport Operators' Associations (FEMATRO) have reached an agreement to increase fares for semi-collective passenger transport services in the Greater Maputo metropolitan area by five meticais, with the new rates expected to take effect on 7 November 2026.
The Mozambican Government has approved new restrictions on the importation of sliced bread, introducing mandatory prior licensing, specific fees and limits on imported quantities as part of measures aimed at protecting the domestic bakery industry and stimulating local production. The new regulations will take effect on 27 November 2026.
Mozambican politician Venâncio Mondlane has pledged to expose alleged irregularities and political interference in state institutions during his trial, scheduled for 17 November at the Supreme Court, describing the proceedings as an opportunity to reveal what he claims are mechanisms of political influence over Mozambique's justice system.
Choose BNEWS as a preferred source and see more of our reporting when you search on Google.
More than 1.8 million Mozambicans could face severe food insecurity between October 2026 and March 2027 due to the combined effects of drought associated with the El Niño phenomenon, armed conflict and dwindling food reserves, humanitarian organisation CARE Mozambique warned on Friday (30 October).
Mozambique's Parliament approved three International Labour Organization (ILO) conventions on Friday (30 October), aimed at strengthening the protection of Mozambican workers abroad, combating labour exploitation and regulating private employment agencies, amid growing demand for job opportunities outside the country.
**At least 64 people have been killed and more than 80 injured following a collision between two high-speed trains in Spain's Toledo province on Wednesday, October 28. The accident, involving 544 passengers, caused several carriages to derail and prompted the suspension of rail services between Madrid and Andalusia.
**Mozambique's instant payment system, Metix, is gaining traction among banking customers. In just seven months, the average number of daily transactions has quadrupled, rising from 3,000 to approximately 12,000, according to figures released by the Bank of Mozambique.**
