mozambique

#Mozambique #Portugal Bilateral Summit: Portugal promises a credit line of 500 million euros to encourage Portuguese companies to invest in Mozambique Lisbon, December 09 (AIM) – Portugal will provide a credit line of 500 million euros to encourage companies from this European country to invest in Mozambique, announced this Tuesday the Portuguese Prime Minister, Luís Montenegro.

The official spoke alongside the Mozambican President, Daniel Chapo, at the final conference of the VI Portugal-Mozambique Summit, which took place at the Palácio da Bolsa, in Porto, northern Portugal, in the presence of around two dozen officials from both countries.

According to Montenegro, the gesture "is a sign of confidence in the Mozambican economy and a message to Portuguese companies that we stand by them in the process of internationalization."

On this occasion, the Portuguese Prime Minister explained that this credit line, intended for various areas, is a way of telling Portuguese companies: "Look to Mozambique and to the process of political and social stabilization of the country and its economic ambition."

At the VI Bilateral Summit, Portugal and Mozambique signed 22 legal instruments.

In the final declaration of the Portugal-Mozambique Summit, the two countries agreed to place the economic aspect and sustainable development "at the top of the priorities of the work agenda."$BNB $XRP #BinanceBlockchainWeek

🇲🇿 Mozambique Set for Record Gold Output in 2026

Mozambique is on track to hit a historic milestone in gold production. PESOE projects the country will produce 1.7 tonnes of gold in 2026 — the highest annual output ever recorded.

Projected output: 1,723 kg (~1.7 tonnes) in 2026, up ~4% from 2025. (clubofmozambique.com)

Revenue potential: With current gold prices (~€108,000 per kg), production could generate ~€186 million.

Drivers: Expansion of mining capacity and strong performance from Mozambique’s main gold companies.

Risks: Political/social stability, mining operational disruptions, and global gold price fluctuations.

📊 Market Insight

Mozambique’s gold surge could:

Strengthen its position in the global gold supply chain.

Attract foreign investment into mining projects.

Boost national revenues, supporting economic growth.

Expert Take: Record output signals investor confidence in Mozambique’s mining sector, but sustained growth depends on stable operations and favourable market conditions.

#Mozambique #PreciousMetals #GoldProduction #Investing $PAXG