Africa: Mozambique Becomes Africa’s Most Distressed Sovereign As Spreads Surge

Africa: Mozambique Becomes Africa’s Most Distressed Sovereign As Spreads Surge

Mozambique has overtaken Senegal as Africa’s most distressed sovereign borrower, as rising global energy costs add pressure to its finances. The country’s sovereign yield spread widened to 1,473 basis points, surpassing Senegal’s 1,423 basis points, according to data tracked by JPMorgan Chase. Spreads above 1,000 basis points are widely seen as a sign of distress….

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Africa: Algeria advance, Sudan surprise, Mozambique make history and Cameroon hold Cote d’Ivoire

Africa: Algeria advance, Sudan surprise, Mozambique make history and Cameroon hold Cote d’Ivoire

Algeria defeat Burkina Faso to reach the knockout stages Sudan secure a vital win over Equatorial Guinea Mozambique edge Gabon 3–2, claiming their first-ever AFCON win  Cameroon and Côte d’Ivoire play to exciting draw in Marrakech Cameroon and defending champions Côte d’Ivoire shared the spoils in a pulsating 1–1 draw in their second Group F…

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Africa: Mozambique Becomes Africa’s Most Distressed Sovereign As Spreads Surge

Africa: South Africa, Mozambique Sign Higher Education Cooperation Agreement

South Africa and Mozambique have reaffirmed their commitment to advancing regional collaboration in skills development through the Southern African Development Community (SADC) Protocol on Education and Training, which guides joint efforts to address shared educational and training priorities. Higher Education and Training Minister Buti Manamela accompanied President Cyril Ramaphosa to Maputo for the 4th South…

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