Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
Gross Domestic Product (GDP) projections are essential to define the economic strategies and policies of governments across the globe. They offer a reliable insight into a region’s overall development trajectory, growth potential and economic health. The first half of 2023 saw more robust growth than expected in April. Although the global average prediction has mostly […]
The economy of Germany has has reduced for the very first time since 2009, the economy was reduced by 5%. This can be undoubtedly attributed to the impact of the coronavirus pandemic in Europe particularly central Europe. Germany in 2019 saw yearly (GDP) development paces of 0.6% and 1.3% in 2018. As per Destatis, the […]