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 ...

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 ...

Cash-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 ...

Two NGOs sued the US Export-Import Bank, claiming it approved a $4.7B loan to Mozambique LNG in violation of legal procedures. • The loan is critical to restarting the TotalEnergies-led project, ...

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 ...