Russia's VTB sees no significant losses from
Russia's VTB sees no significant losses from Mozambique defaultReuters AfricaMozambique Asset Management (MAM) borrowed $535 million from VTB to build shipyards in Maputo and the northern town of Pemba in expectation of a rapid takeoff in the offshore gas sector. But MAM missed a May 23 deadline for its first loan repayment of ...and more »
Posted on 16 June 2016 | 3:36 am
Somalia, Kenya ocean dispute hearings set
The Star, KenyaSomalia, Kenya ocean dispute hearings set for SeptemberThe Star, KenyaIt is now official that Kenya and Somalia are headed for a legal fight at the International Court of Justice over the maritime delimitation of the Indian Ocean. Somalia wants the ocean's boundaries redrawn, making Kenya a landlocked state and claiming ...and more »
Posted on 14 June 2016 | 6:22 pm
Mozambique: US $35 Million 'Arrangement Fee'
IntraFish.comMozambique: US $35 Million 'Arrangement Fee' Paid to Russian Bank for Secret US$535 Million MAM loanAllAfrica.comVTB is 61% owned by the Russian government; MAM is 98% owned by the State Security and Intelligence Service (SISE). MAM was supposed to set up shipyards in Maputo and Pemba and a floating dock for repairs, however nothing has been built since the ...Resource curse comes to MozambiqueThe HeraldMozambique paid $35 million for VTB shipyard loan-documentsDaily Mailall 12 news articles »
Posted on 14 June 2016 | 2:10 am
MOZAMBIQUE : Metals of Africa hesitates
MOZAMBIQUE : Metals of Africa hesitates between ports of Pemba and NacalaAfrica Intelligence (subscription)Headed by Cherie Leeden, Metals of Africa must make up its mind by the end of the year on whether to export its future output of graphite from the ports of Pemba or Nacala. A definitive feasibility study on the mine at Montepuez will be completed by ...
Posted on 13 June 2016 | 8:36 pm
MOZAMBIQUE : Metals of Africa hésite entre
MOZAMBIQUE : Metals of Africa hésite entre les ports de Pemba et NacalaAfrica Intelligence (Abonnement)L'étude de faisabilité définitive du projet de Montepuez, qui sera alors bouclée, devra trancher entre une exportation via le port de Pemba, situé à 260 km du projet et disposant de suffisamment de capacité pour évacuer les 100 000 t anuelles que ...
Posted on 13 June 2016 | 8:36 pm
Italian airline announces flights to Pemba,
Italian airline Meridiana announced it will start offering charter flights to Pemba, the capital city of Cabo Delgado province in northern Mozambique on the border with Tanzania. Pemba Airport only receives aircraft from the cities of Beira, Nampula and ...
Posted on 5 August 2015 | 10:00 am
Meridiana eyes Italy-Pemba, Mozambique
Meridiana (IG, Olbia) has once more announced plans to commence charter flights to Pemba, a town situated along the Indian Ocean coastline of northern Mozambique. Currently the airfield sees only narrowbody traffic in the form of flights to Beira, Nampula ...
Posted on 5 August 2015 | 1:41 am
Saudi lifestyle fascinates Mozambican envoy
Which book is by your bedside these days? Don Quixote (Miguel de Cervantes). — Your favorite holiday destination? Pemba, Mozambique. — The dream city/country that you would like to be posted after Saudi Arabia? I have no favorite place. — Which ...
Posted on 27 October 2014 | 1:58 pm
The Quirimbas Archipelago: How Do You Even
The answer to the last question of location would require flights to reach the city of Pemba, Mozambique (airport code: POL) and flights would reach $1,800-$2,000 in economy for a roundtrip from New York.
Posted on 22 October 2014 | 10:07 am
Eni lets FEED contract for Mozambique FLNG
Rovuma straddles Mozambique’s northern border with Tanzania. Coral South is about 150 miles northeast of Pemba, Mozambique, and 30 miles from the Mozambique coast. Eni is operator of Area 4 deepwater block in Rovuma, which is estimated to hold as much as ...
Posted on 16 October 2014 | 5:47 am