Maputo, Mozambique, 22 Feb – The Mozambican airport network will require estimated investments of US$500 million over the next three years, according to figures published in Maputo during the national meeting of airport management company Aeroportos de Moçambique.

The newspaper said that part of that investment was already being used for construction of new airports in Pemba, Nacala and Tete, as well … More

Tokyo, Japan, 22 Feb – The Japanese International Cooperation agency (JICA) plans to carry out a number of development projects in Mozambique over the next five years, the vice president of the Japanese International cooperation agency (JICA), Tsuneo Kurokawa said in Tokyo.

During a meeting of the Mozambican Prime Minister, Aires Ali with members of the Sub-Saharan Africa Commission of Keidanren, the … More

Macau, China, 22 Feb – Construction work on the Macau light railway began Tuesday with the launch of the segment on Taipa island and it is expected to take three years for the first carriages to start operating.

The coordinator of the Transport Infrastructure Office (GIT), Lei Chan Tong, promised that supervision work would be properly carried our and asked for patience … More

Macau, China, 22 Feb – Macau’s Consumer Price Index (CPI) posted a year-on-year rise of 6.80 percent in January of this year driven by the rise in the price of meals outside the home and tourist excursions, the region’s Statistics and Census Bureau said.

The Bureau said that part of the price rise seen in those two categories was partially offset by … More

Luanda, Angola, 22 Feb – Angolan airline Taag plans to renew its fleet of medium haul aircraft in order to improve its services and increase the efficiency of its operations, director Rui Carreira said in Luanda.

Speaking to Angolan news agency Angop, Carreira said that as the company replaced its old aircraft with new it would replace its three Boeing 737-200, “as … More

Rio de Janeiro, Brazil, 22 Feb – Angolan airline Taag in January had an occupancy rate of 75 percent for its flights from Rio de Janeiro and Sao Paulo to Luanda, said the airline’s representative in Brazil.

During a visit by the Angolan ambassador to Brazil, Nelson Cosme, to the Taag office in Rio de Janeiro, delegate Luís de Almeida said that … More

Lisbon, Portugal, 22 Feb – Angola is currently the third main source of remittances from Portuguese emigrants and accounted for 147 million euros entering the Portuguese economy in 2011, according to figure published this week by the Bank of Portugal (BdP).

In a year in which total remittances from Portuguese emigrants remained almost the same as in 2010, the amount sent by … More

London, United Kingdom, 22 Feb – The 3rd edition of the Mozambique Mining and Energy Conference is due to take place in Maputo on 24 and 25 April, AME Trade Ltd, the company specialising in organizing events in Africa and the Middle East said in London.

The conference/fair, which is organised by Mozambican state oil and gas company Empresa Nacional de Hidrocarbonetos … More