April 03, 2023
Mozambique: Credit Suisse and its Backers Pay the Price for Secret Debt and Other Frauds
From 2012 Credit Suisse (CS) bribed senior Mozambicans to take a totally useless $2bn loan, which helped to save the bank - one of the very big global banks and supposedly… Read more »
Mozambique: Two Serious, Very different, and Politically Powerful Bidders to Build Mphanda Nkuwa Dam
Two consortia submitted bids to finance and build the $4.5bm Mphanda Nkuwa dam just downstream from Cahora Bassa on the Zambezi River. Both groups are state companies with… Read more »
February 06, 2023
Mozambique: Oil Company Chief Pressures Govt Over Cabo Delgado
TotalEnergies Patrick Pouyanne on Friday 3 February visited Palma and Mocimba da Praia towns and the Afungi gas site and then met President Filipe Nyusi in Pemba. Pouyanne's… Read more »
December 05, 2022
Mozambique: Thousands of Displaced Returning Home, but Face Problems, Says OMR
The best current pictures of zones of insecurity, areas of return, and motivation for return is given in a 1 November study by Joao Feijó of the OMR (Rural Observatory),… Read more »
Mozambique: US-China Battle for Cabo Delgado Graphite Continues - With High Profits But Few Jobs
With Chinese money, the Australian Triton Minerals will go ahead with its Ancuabe, Cabo Delgado, graphite mine, it announced on 1 December. In September Shandong Yulong Gold… Read more »
Mozambique: As Rwandan Troops Hit 2500, Total May Accept a Security Zone
TotalEnergies and France seem to be inching toward resuming work on the gas inside a protection zone run by Rwanda, while the war continues elsewhere in Cabo Delgado. TotalEnergies… Read more »
Mozambique: Damning Evidence in Secret Debt Trial
There is damning evidence against 10 of the 19 people accused in the $2 bn secret debt trial, but no evidence against 9 lesser figures who had handled money but had no reason to… Read more »