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Vol 54 No 8

Published 12th April 2013


Mozambique

Frelimo's gold rush

Energy and infrastructure investment could transform the neglected north and affect the presidential succession

Anadarko and other oil companies predict that gas finds in Cabo Delgado could double Mozambique’s annual gross domestic product. Meanwhile, vast coal reserves are believed to lie in Niassa. The centre of gravity of Mozambique’s economic opportunities seems to be shifting north. The government is courting foreign investors to help to transform these natural resources into revenue for what was until recently one of the world’s poorest countries (AC Vol 53 No 9, Energy bonanza promises real financial independence). Leaders of the governing Frente de Libertação de Moçambique are making sure that they benefit personally and can use the resources to help their positions within Frelimo.

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