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Mozambique has added a new chapter to the sorry tale of its involvement in the international capital markets after telling creditors that its debt levels are not sustainable. The country is working to ...
7d
Agence France-Presse on MSNTotalEnergies' Mozambique gas project at a turning pointConstruction on a stalled $20 billion gas project by TotalEnergies in Mozambique is edging closer to restarting, four years ...
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 ...
12d
Business Insider Africa on MSNMozambique weighs joining African countries eyeing Chinese debt reliefCash-strapped Mozambique is considering approaching China, its largest bilateral creditor, to restructure $1.4 billion in ...
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.
For the first time in a decade, no African country has a sovereign risk premium in distress territory. The average additional ...
Some small business owners worried tariffs could force them to close The U.S. economy will experience sluggish growth in 2025 due to an escalating trade war and "high levels of policy uncertainty ...
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 least 120 children have been kidnapped by jihadist insurgents in northern Mozambique in recent days, Human Rights Watch (HRW) said Tuesday, warning of a rise in abductions in the country’s ...
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