Mining & Energy
Mozambique's National Hydrocarbons Company sees no risk in new sovereign guarantee
File photo: Folha de Maputo
The approval of a resolution releasing Mateus Magala from the presidency of the state electricity company was announced by a spokesperson for the Mozambican cabinet at a press conference in Maputo on Tuesday.
Mateus Magala, 41, was appointed Vice President of Institutional Services and Human Resources at the African Development Bank in August.
The next chairman of EDM is expected to be appointed at next week’s Council of Ministers meeting.Source: Lusa / Folha de Maputo
Fuel prices falling in Mozambique tomorrow