The US Exim Bank has re-approved a $4.7bn loan to operator TotalEnergies for the Mozambique LNG project in Cabo Delgado. Seen as a vital step for resuming the megaproject, which has been under force majeure for four years, the decision is also likely a fillip for the neighbouring, ExxonMobil-operated Rovuma LNG play.
Issue 523 - 14 March 2025
The new NDC administration is promising a radical shake-up of Ghanaian institutions and spending, including another stab at electricity sector privatisation – in an attempt to carry through what John Mahama promised when he was last president, a decade ago. Delivering meaningful reform will provide an even greater challenge now than it did for his last government, writes Jon Marks.
Issue 522 - 12 March 2025
Our first white paper is on Extending political risk mitigation for African project finance.
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