Mozambique Oil & Gas: “Arrests could hamper country LNG funding” – Petroleum Economist

Mozambique Oil & Gas: “Arrests could hamper country LNG funding” – Petroleum Economist

High profile arrests in early January related to Mozambique’s “hidden debts” scandal, made at the request of US prosecutors, are an unsettling reminder that the country still faces questions over its financial credibility. It is something those trying to fund LNG projects based on the massive gas reserves of the Rovuma basin could do without.

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In Maputo Africa Rising: IMF calls for more infrastructure and human and institutional development in sub-Saharan Africa

Investment in infrastructure and human and institutional development are the challenges for a sustainable future in sub-Saharan Africa, the director-general of the International Monetary Fund (IMF) said in Maputo Thursday.

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