Mozambique forecasts 5.5% GDP growth in 2024

Mozambique President Filipe Nyusi has announced that his government is projecting a 5.5% growth in the country's Gross Domestic Product (GDP) for the year 2024.

Mozambique President Filipe Nyusi has announced that his government is projecting a 5.5% growth in the country's Gross Domestic Product (GDP) for the year 2024.

Mozambique's Minister of Economy and Finance, Max Tonela, has emphasized the urgent need to facilitate the resumption of TotalEnergies' natural gas production project in Cabo Delgado province later this year.

TotalEnergies chief executive officer Patrick Pouyanne met President Filipe Nyusi on Friday in Pemba for a crunch meeting to discuss about the Mozambique LNG Project and other urgent issues.

Striking workers staged rallies across France on Tuesday to demand higher wages in response to rising inflation, fuelling a protest by refinery workers that emptied gas stations and caused headaches to millions of motorists.

French energy company TotalEnergies said on Friday it was selling its stake in a Russian gas field reported this week as supplying fuel that lands on Russian warplanes.