Mozambique is at Risk of Defaulting – Africa.com
Months of deadly protests have shut down key industries such as graphite mines in northern Mozambique, pummeling the country’s economy. The company is run by Australia’s Syrah Resources, whose clients include Elon Musk’s Tesla. The situation could also affect major gas projects that are expected to attract foreign direct investment, including TotalEnergies’ $20 billion LNG project.
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