Euromoney: Mozambique Warned on Resource Boom
The commercialization of Mozambique’s huge natural resource discoveries in oil and liquefied natural gas is being buoyed by a growing banking system and robust investment, says Antonio Correia, CEO of Banco Unico in Mozambique.
But the country will do well to heed lessons learnt from other commodity driven countries in Africa, Correia explains, as the repercussions of falling commodity prices are felt throughout the continent.
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