News Mozambique Finance: Mozambique: African Development Bank offers $50 million for post-cyclone relief
An international pledging conference to finance the reconstruction of parts of cyclone-hit Mozambique took place in the city of Beira on 31 May and 1 June. Multi-lateral development agencies ...
News Mozambique Finance: Mozambique top court declares multi-million secret govt loan void
When the debt was revealed, Mozambique -- which relies on donor aid and is one of the world's poorest countries -- was plunged into the worst financial crisis in its history. The US alleges that at ...
News Mozambique Finance: Mozambique Nullifies State Guarantee on Loan Linked to Eurobond
The Finance Ministry’s spokesman didn’t answer a phone call or respond to an email seeking comment on the ruling. The Global Group of Mozambique Bondholders, which represents holders of about 60% of ...
News Mozambique Finance: Mozambique's top court says state-guaranteed Eurobond illegal
Mozambique has been battling to restructure ... that prompted the International Monetary Fund and foreign donors to cut financial support, triggering a currency crisis and a sovereign debt default. ...
