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Mozambique
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June 5, 2017

Cape Town City sign defender Jeitoso

Cape Town – Cape Town City FC have announced their second signing of the post PSL season, with the addition of Mozambican International Captain, Jeitoso, on Monday.

The Citizens have been expected to expand their squad after securing CAF Confederation Cup football for next year’s edition.

Last week, City officially announced Ayanda Patosi as their first major signing with the 24-year-old joining from Belgium club KSC Lokeren.

“CTCFC is proud to announce the acquisition of Mozambican International Captain, Jeitoso!,” read the statement on the club’s official Facebook page.

“Jeitoso is one of the most revered central defenders [...]

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March 29, 2017

Plummeting oil revenue hits Lusophone prospects

Angola and Mozambique may have very different economies but their current economic problems have the same two root causes: low energy prices and economic mismanagement.

Low oil prices have slashed Angolan revenues and slowed the development of gas and coal projects in Mozambique. At the same time, Maputo’s borrowing resulted in default in January, while Luanda’s continued opacity and state control has not created an economy sufficiently robust to weather the period of low oil prices more comfortably.

Most forecasters have become more pessimistic about the two countries’ prospects. The World Bank has downgraded its forecasts for Mozambican growth in 2017 and 2018 by 2.5% [...]

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March 14, 2017

African CEOs to meet in Geneva to discuss investment in Africa

Africa CEO Forum will look at revitalising investment flows into the continent and comes at a time when commodity prices are showing signs of recovery

About 20 South African CEOs are expected to attend the Africa CEO Forum, which, is taking place in Geneva, Switzerland, later in March.

The fifth edition of the forum is due to focus on international investments in Africa. It is running from March 20–21.

The forum will look at revitalising investment flows into Africa and comes when commodity prices are showing signs of recovery.

The forum is expected to host 1,000 key decision makers in industry, finance and politics from across the globe.

Some of [...]

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