Germany commits funds to support Mozambican farming sector

The German government has committed a substantial financial package exceeding US$50 million to advance agribusiness initiatives in Mozambique. This initiative is intended to bolster productive sectors identified as critical, reports Mozambique’s official news agency. The assistance will flow via the “Innovative Fund for Agribusiness” programme. This financial structure will be managed by the Zambezi Valley …

Hong Kong’s financial appeal is ‘unstoppable’ despite global uncertainty: finance chief

Hong Kong remains the world’s top location for initial public offerings (IPOs) this year, with funds raised through the offerings already exceeding HK$140 billion as of last week. Paul Chan, the city’s financial secretary, says this shows that the development of Hong Kong’s financial market is “unstoppable,” notwithstanding worldwide instability. Writing in his weekly blog, …

Australian miner Tivan secures new exploration licences in Timor-Leste

Australian mineral exploration firm Tivan Limited has been granted six new exploration licences in Timor-Leste, covering sites noted for high-grade copper-gold and cobalt mineralisation.  The licences encompass a total area of 289 square kilometres across the Baucau and Ossu projects. According to a report in business news aggregation site tipranks.com, they are situated in the …