Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the African nation.

Manuel Chang, 69, was convicted last year of accepting payoffs to put his homeland secretly on the hook for about $2 billion in loans from major overseas banks.

Coast Guard vessels and other maritime projects. Instead, prosecutors say, bankers and government officials plundered the funds through bribes and kickbacks. Chang, who was Mozambique’s top ...

An open letter Wednesday signed by 126 non-governmental organizations urged public and private lending institutions to end financing for a Mozambique liquified natural gas facility being built by France's TotalEnergies.

TotalEnergies has further delayed its troubled $20bn liquefied natural gas project in Mozambique as security concerns and political uncertainty dog one of Africa’s biggest energy investments.

the towns of Mocimboa da Praia (a vital port for logistics), Palma (near Afungi) and their surroundings have become fairly safe again, even if the situation remains precarious in the villages further away from these nerve centres for Mozambique LNG.

AM is Australia's most informative morning current affairs program. AM sets the agenda for the nation's daily news and current affairs coverage. We acknowledge Aboriginal and Torres Strait ...

A weak ridge will persist over the South Queensland Waters for the next few days. A trough will move east across inland southern Queensland from Wednesday, and may start to move over the far southeastern waters late Friday or early Saturday. Variable about ...

Forecast issued at 4:20 pm EST on Thursday 23 January 2025. Partly cloudy. Slight chance of a shower in the afternoon and evening. The chance of a thunderstorm in the afternoon and evening. Winds northwesterly 20 to 30 km/h shifting south to southeasterly ...

V-Guard Industries Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 16,296.12 Crore) operating in Consumer Durables sector. V-Guard Industries Ltd. key Products/Revenue Segments include Electricals, Consumer Durables ...

Libya deported more than 600 men from Niger last month as North African countries — financed by the European Union to tackle migration — have ramped up expulsions of sub-Saharan Africans.

EXCLUSIVE: The Commandant of the U.S. Coast Guard has been terminated over concerns about the border, recruitment and an "erosion of trust," a senior DHS official confirmed to Fox News.