Intelligent news from Mozambique

$2.4bn ‘price of credibility’ for Mozambique, but economists warn of more instability

Mozambique’s total repayment for the $850 million borrowed by tuna fishing company EMATUM could top $2.4 billion, under a new restructure proposal revealed by the government this week. Annual payments would be between $36-40 million for the first five years - and would remain below $60m [...]

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