Mozambique is aiming to have a “concrete proposal” for its creditors by the end of March to start negotiations to restructure the country’s commercial foreign debt, Finance Minister Adriano Maleiane told newspaper O País on Monday, 27 February. Mozambique is currently in arrears on three financing facilities – its $767m sovereign Eurobond, having defaulted on…...

Finance Minister Adriano Maleiane addressing journalists in Maputo, 28 April 2016. © Tom Bowker / Zitamar News