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Mozambique's 3 rd civil war is now in its 5th year in Cabo Delgado province, in the northeast of the country. More than 4300 people have died and nearly one million people have been displaced, more than one third the population of the province. One of the largest investment projects in Africa...
Persistent link: https://www.econbiz.de/10014480399
At the end of the Cold War the west imposed economic "shock therapy" on the countries of the former Soviet Union to rapidly turn the communists into capitalists, creating oligarchs. One of the few Africa countries where shock therapy was imposed was Mozambique. Shock therapy was intended to push...
Persistent link: https://www.econbiz.de/10014480419
Mozambique is a significant heroin transit centre and the trade has increased to 40 tonnes or more per year, making it a major export which contributes up to $100 mn per year to the local economy. For 25 years the trade has been controlled by a few local trading families and tightly regulated by...
Persistent link: https://www.econbiz.de/10012291433