Construction on a stalled $20 billion gas project by TotalEnergies in Mozambique is edging closer to restarting, four years ...

For Mozambique, negotiations are likely to be arduous on all fronts in the coming months – with bondholders, the IMF and VTB. Since the bond investors may not agree to a restructuring until the IMF ...

Cash-strapped Mozambique is considering approaching China, its largest bilateral creditor, to restructure $1.4 billion in ...

For the first time in a decade, no African country has a sovereign risk premium in distress territory. The average additional ...

The country’s finances are in such a parlous state that it must treat the IMF and bondholders with all due respect to get the result it needs. In January, Mozambique failed to pay a $59.8 million ...

The International Monetary Fund will consider a $130 million accelerated aid package for storm-hit Mozambique as soon as next week, a senior IMF official said Friday.

An International Monetary Fund (IMF) staff team led by Ricardo Velloso visited Maputo during March 13–27, 2019, to conduct the Article IV consultation mission. At the end of the visit, Mr ...