News Mozambique Loans: US approves $5bn TotalEnergies loan for Mozambique LNG project
The US Export-Import Bank has sanctioned a $5bn (€4.61bn) loan to support the Mozambique LNG project spearheaded by TotalEnergies, marking a step towards resuming the $20bn venture. This decision ...
News Mozambique Loans: Mozambique court annuls loans of $1.4 bn
Mozambique's constitutional court on Tuesday declared null and void loans worth $1.4 billion that triggered the country's worst financial crisis when they were revealed, in a ruling welcomed by debt campaigners. Read more.
News Mozambique Loans: Mozambique: Hidden Debts - 'The Enemy Captured Our Security'
The loan money was sent, not to the Mozambican companies, but to Privinvest, which then sent grossly overpriced fishing vessels, radar stations and other assets to Mozambique. The independent ...
News Mozambique Loans: Hidden debts trial: “The enemy captured our security”- AIM report
The loan money was sent, not to the Mozambican companies, but to Privinvest, which then sent grossly overpriced fishing vessels, radar stations and other assets to Mozambique. The independent audit of ...
News Mozambique Loans: Hidden debts trial: Finance Minister kept in the dark – AIM report
Only a third guarantee, for Ematum (Mozambique Tuna Company), could be found in the records of the National Treasury Directorate. The Ematum loan, for 850 million dollars, was obtained from the banks ...