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Mozambique
07 February 2019
Mozambique unlikely to repay US$2 billion to Credit Suisse and VTB Bank
The government of Mozambique, heavily in debt, is increasingly unlikely to repay a debt of US$2 billion to Credit Suisse contracted by a former Finance Minister who is being detained in South Africa.
18 September 2018
Timid return of international support for Mozambique
Among African countries, Mozambique was always considered an example of good governance by foreign donors. They supported the country by putting financial resources into its budget and many social programs.
29 August 2018
China´s Bison and Geocapital Combine to Strengthen Mozambique´s Banco Mais
Having recently finalized a deal to begin investment banking in Portugal, Bison Capital Financial Holdings of Hong Kong is also moving to Mozambique. It has reached a partnership deal with Geocapital, until now the bank´s biggest shareholder.
11 March 2018
Maputo struggles to regain confidence
Mozambique was regarded as an African economic success story until relatively recently. Although still one of the poorest countries in the world, annual growth has averaged 7% over the past decade.
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