Implications for Mozambique’s insurgency in the northern Cabo Delgado province
In today’s episode, our Sub-Saharan team discusses the insurgency in the Cabo Delgado province (something we have been watching this year https://ihsmarkit.com/research-analysis/terrorism-mozambiques-cabo-delgado-data.html) and the longer term implications of the ‘force majeure’ Total declared when it cancelled its contracts with local subcontractors, withdrew all its staff, and announced at least a year of delay to the key Afungi LNG project. Our analysts provide the background of the insurgency, the response from the energy industry, and the implication for economic recovery and debt sustainability going forward. Thea Fourie, Associate Director, Sub-Saharan Africa Economics, IHS Markit https://experts.ihsmarkit.com/experts/fourie-thea Eva Renon, Senior Country Risk Analyst, IHS Markit https://ihsmarkit.com/experts/renon-eva.html Langelihle Malimela, Senior country Risk Analyst, Country Risk – Africa, IHS Markit https://experts.ihsmarkit.com/experts/malimela-langelihle Roderick Bruce, Research and Analysis Associate Director, E&P Terms and Above-Ground Risk, IHS Markit https://experts.ihsmarkit.com/experts/bruce-roderick