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Vol 49 No 13

Published 20th June 2008


Mozambique

Tourist trap

With backing from the World Bank's International Finance Corporation and the United States Agency for International Development President Armando Guebuza's government is trying to raise nearly US$3 billion for several massive new tourist developments. The IFC and the government are looking for over $1 bn. to build four integrated resorts in Nampula, Zambezia, Inhambane and Maputo Provinces.

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