24 May 2019
The government of Mozambique is battling to bring its debt under control. Government debt as a proportion of GDP reached 110.5% at the end of 2018, up from a low of 37.5% in 2011 thanks to long-running debt relief. However, Maputo is engaging with the IMF and has pledged to put its house in order .
15 April 2019
Recent attacks in northern Mozambique suggest that the capture and prosecution of alleged militants in the region last year has failed to solve the problem. Workers related to the emerging liquefied natural gas [LNG] industry have been attacked for the first time and foreign investors are concerned about the violence, while human rights NGOs are worried about the tactics they have employed.
02 April 2019
While new coal and LNG port terminals in the northern half of Mozambique attract most international attention, the port of Maputo continues to grow rapidly. The more northerly projects are designed to handle domestic exports but, in contrast, Maputo has managed to regain its historic role as an important entrepôt for South African trade.
10 January 2019
In recent weeks, the government of Mozambique has been involved in intense negotiations with seven countries to secure funding for one of its largest natural gas projects and overcome scepticism about whether it will honour its debt commitments.
27 November 2018
After years of delay and deliberation, Mozambique’s liquefied natural gas (LNG) industry finally looks set to take off. Consortia led by Anadarko and Eni are investing tens of billions of US dollars in liquefaction, while the involvement of China National Oil and Gas Exploration and Development Corporation (CNODC) and China National Petroleum Company (CNPC) highlights the fact that China will be one of the main customers.