More than $1 billion in hidden state borrowing, which has plunged Mozambique into an unprecedented economic crisis, did not merit a mention in the Bank of Mozambique’s latest evaluation of the country’s economy published on 13 May – despite the central bank governor’s claim he hadn’t heard of the debts until they were uncovered by…...

The Bank of Mozambique seen behind a dilapidated building in Maputo's downtown. © Nuno Rosario via Flickr