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Mozambique: a Future Gas El Dorado on the Brink of Selective Default (S&p)
Summary by Financial Afrik
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Maputo is still under pressure. In a note published on 27 March 2026, S&P Global Ratings confirmed Mozambique's sovereign rating at 'CCC+' in foreign currencies, with a negative outlook, and maintained the local currency rating at 'SD' (selective default). This decision, far from being trivial, enshrines a reality that is now well established: the country is evolving in...
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