Mozambique’s local currency rating downgraded by Moody’s amid liquidity challenges
Moody’s expects Mozambique to continue facing liquidity challenges and fiscal pressure in the near to medium term. The stable outlook is balanced by potential economic and fiscal gains from the ...
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Abu Dhabi Invests In Mozambique Gas
XRG, the international investment arm of Abu Dhabi National Oil Co., has acquired a 10% stake in a liquefied natural gas ...
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UAE’s XRG acquires 10% stake in Mozambique LNG project
The deal, initially announced in May 2024, gives XRG access to Mozambique’s Rovuma Basin, one of the world’s largest gas ...