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Mozambique

  • Tuesday, 19 October, 2021
    Financial fraud
    Credit Suisse pays $475m in fines to settle Mozambique ‘tuna bonds’ case

    Swiss bank reaches deal with four regulators over 2013 scandal as it struggles to draw line under past missteps

  • Sunday, 3 October, 2021
    News in-depthRwanda
    Rwanda flexes muscles in fight against terror in Mozambique

    A rare dispatch from the frontline shows how Kigali has turned around conflict that held up Total LNG project

    Mozambican soldiers (right) and Rwandan police (left) stand as Mozambican president Filipe Nyusi and Rwanda president Paul Kagame review troops in Cabo Delgado
  • Tuesday, 3 August, 2021
    Rwanda joins Mozambican war to fight insurgents

    Regional armies step in to help Maputo counter Islamist uprising

    Rwandan military troops
  • Monday, 26 April, 2021
    LexTotalEnergies
    Total/Mozambique: insurgents leave gas project stranded Premium content

    Suspension will hurt African nation’s economy more than the French oil major

    A man on a stretcher is carried from a plane
  • Monday, 26 April, 2021
    TotalEnergies
    Total declares force majeure on $20bn LNG project in Mozambique

    Africa’s biggest private investment at risk as oil major responds to insurgent attacks

    A Total petrol station in Maputo, Mozambique
  • Tuesday, 6 April, 2021
    ‘Some hid in the sea’: Islamist attack on Mozambique town a turning point in Africa’s ignored war

    French group Total suspends work at gas plant near Palma despite authorities’ claims order has been restored

    People wait for friends and relatives in Pemba, Mozambique, as a ship arrives carrying people who fled an attack on the town of Palma
  • Monday, 29 March, 2021
    What is at stake as Mozambique conflict flares?

    Burgeoning Islamist insurgency threatens Africa’s single biggest investment

    Insurgents last year seized control of the town of Mocimboa da Praia, the scene of the first big attack in 2017. Government forces, shown here in March 2018, were reportedly seeking to regain control of Palma on Monday.
  • Sunday, 28 March, 2021
    African economy
    Mozambique attack threatens Africa’s biggest investment

    Burgeoning Islamist insurgency focused on district surrounding huge Total gas project

    Displaced people in Mozambique
  • Monday, 15 March, 2021
    News in-depth
    Mozambique looks to private sector in war against Islamists

    Despite outrage over abuses, president turns to South African companies to support army

    A member of the Mozambique security forces on patrol
  • Sunday, 31 January, 2021
    HTSI
    Dream destinations for the post-pandemic wishlist

    Alex Eagle alights in Windsor, and other travel news

    Alex Eagle’s Oakley Court in Windsor
  • Thursday, 3 September, 2020
    French oil group Total steps up security co-operation with Mozambique

    Islamist insurgency threatens development of vast offshore gasfields

    Total will provide logistical support to a government joint task force to strengthen security at liquefied natural gas facilities
  • Thursday, 16 July, 2020
    Total secures Africa's biggest debt financing with LNG deal

    French oil major raises $15bn from lenders to develop project in Mozambique

  • Monday, 18 May, 2020
    Special ReportFuture of AI and Digital Healthcare
    How data analysis helped Mozambique stem a cholera outbreak

    Silicon Valley start-up Zenysis drafted in to help authorities tackle disease

    TOPSHOT - Children climb on a coconut tree damaged by the winds of cyclone Idai in Beira, Mozambique, on March 27, 2019. - Five cases of cholera have been confirmed in Mozambique following the cyclone that ravaged the country killing at least 468 people, a government health official said on March 27, 2019. Cyclone Idai smashed into Mozambique on March 15, unleashing hurricane-force winds and heavy rains that flooded much of the centre of the poor southern African country and then battered eastern Zimbabwe and Malawi. (Photo by Yasuyoshi CHIBA / AFP) (Photo credit should read YASUYOSHI CHIBA/AFP via Getty Images)
  • Wednesday, 22 April, 2020
    Mozambique’s Islamist insurgency adds to gas industry nerves

    Violence surges as sector faces headwinds from oil price crash and coronavirus 

  • Thursday, 2 April, 2020
    Wish I were there...
    Wish I were there: Horatio Clare on the Ilha de Moçambique

    In our new series, travel writers tell the story of a distant place they love and long — one day — to revisit

  • Thursday, 9 January, 2020
    VTB Bank OAO
    Russia’s VTB sues Mozambique over ‘tuna bond’ scandal

    State-owned bank seeks to recover its share of a loan at centre of bribery allegations

    The EMATUM fishing fleet docked in Maputo, Mozambique. Mozambique defaulted on the $1.4bn it borrowed from VTB and Credit Suisse, which were tied to maritime security projects, as well as a $850m bond it sold to investors for the financing of a tuna-fishing fleet.
  • Thursday, 5 December, 2019
    News in-depth
    ‘Mastermind’ escapes net in Mozambique tuna bond scandal

    Acquittal of Jean Boustani shows flaws in US efforts to prosecute overseas bribery

    Security guards patrol past the EMATUM fishing fleet docked in Maputo, Mozambique, May 3, 2016. REUTERS/Grant Lee Neuenburg - RTX2D3ZS
  • Monday, 2 December, 2019
    US jury clears Privinvest salesman in ‘tuna bond’ trial

    Acquittal of Jean Boustani in corruption case in Mozambique a blow to prosecutors

    The United States District Court for the Eastern District of New York is seen in this Wednesday, March 18, 2015, photo in the Brooklyn borough of New York. (AP Photo/Mary Altaffer)
  • Sunday, 27 October, 2019
    Mozambique’s Nyusi wins landslide election victory

    President tightens grip on power in polls that opposition branded a ‘mega fraud’

    In this photo taken Saturday, Oct. 12, 2019, ruling Frelimo Party leader and President Filipe Nyusi, left, and his wife Isaura, at an election rally in Maputo, Mozambique. The country's elections on Tuesday, Oct 15, 2019 are almost certain to return the ruling party, Frelimo, and President Filipe Nyusi, to power but it is unclear if the results will establish badly needed stability and economic growth. (AP Photo/Ferhat Momade)
  • Thursday, 10 October, 2019
    Mozambique goes to polls as gas billions begin to flow

    Country braced for massive investment after discovery of huge energy reserves off coast

    Filipe Nyusi, who is running for a second term as Mozambique's president, has sought to prove he is dealing with the tuna bond scandal by increasing his anti-corruption rhetoric and allowing an investigation into the missing funds.
  • Tuesday, 17 September, 2019
    Empresa Nacional de Hidrocarbonetos de Mocambique
    Vitol forms gas trading venture with Mozambique
  • Friday, 16 August, 2019
    Africa holidays
    Postcard from . . . Mozambique

    How Chinese investment in a road ‘changed everything’

  • Tuesday, 6 August, 2019
    Mozambique peace pact boosts chance of unlocking gas riches

    Splits among former rebels and separate conflict in north mean stability not yet assured

    Mandatory Credit: Photo by ANDRE CATUEIRA/EPA-EFE/Shutterstock (10352097e) Mozambique's President Filipe Nyusi (L) and Renamo leader Ossufo Momade (R) display the documents after both signed an agreement to cease hostilities in order to formally end fighting between government forces and the armed wing of the main opposition party, Maputo, Mozambique, 01 August 2019. The understanding between the two leaders comes after the Disarmament, Demobilization and Reintegration of the members of the armed arm of the Mozambican National Resistance (Renamo) and the handing over by the party of the officers who will join the country's police force began on 01 August. Government and Renamo sign a peace agreement to end military hostilities, Maputo, Mozambique - 01 Aug 2019
  • Tuesday, 21 May, 2019
    Money laundering
    Former Credit Suisse banker pleads guilty on Mozambique bribes

    Detelina Subeva faced charge in US of conspiracy to help launder money

    Detelina Subeva, a former vice president in the global financing unit at Credit Suisse Group AG, leaves Westminster Magistrates Court in London, U.K., on Friday, March 8, 2019. Subeva is one of three former Credit Suisse bankers charged by the U.S. with helping to arrange more than $1 billion of hidden loans to Mozambique will fight extradition from the U.K. Photographer: Chris Ratcliffe/Bloomberg
  • Thursday, 4 April, 2019
    FT AlphavilleEmerging markets
    Why does Mozambique need to pay its non-odious debt?

    In this guest post, Rodrigo Olivares-Caminal of Queen Mary University of London argues that Mozambique policymakers need to act now to clear the country's default.

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