In the News
Ten Years On - Mozambique starts to export liquified natural gas
This is an important growth and development story to keep an eye on as application for your exams. For Mozambique -- one of the world’s poorest nations -- it marks the end of a decade-long wait to start driving export revenues from one of Africa’s largest offshore gas fields.
Will it prove to be transforming for their economic growth, lifting per capita incomes and providing the government with tax revenues from the rents associated with natural resource extraction?
Or is Mozambique at risk of primary product dependency and the natural resource curse that has afflicted many similar nations in the past?