Africa Monitor

Africa Monitor Intelligence

Mozambique: Chapo Favors Arab-Backed Acquisition of Moma Mine

Mozambique: Chapo Favors Arab-Backed Acquisition of Moma Mine

 
DANIEL CHAPO's government appears divided over the review of mining sector contracts—an initiative championed by the PR—which aims to boost tax revenue, strengthen state oversight and regulatory powers, and compel foreign investors to contribute to "local content" by signing development agreements that define compensation for affected local communities.

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