Companies working in Africa must do more to bolster local industry and participation, or risk continued challenges around security and legitimacy.
Saipem has issued a warning over its 4 billion euro ($4.8bn) contract for work on Mozambique LNG, following Total’s declaration of force majeure.
Mozambican businesses looking to cash in on Africa’s biggest private investment are facing disaster after an attack by Islamic State-linked militants on a town close to Total’s $20 billion natural gas export project.
The Southern African Development Community (SADC) held an emergency meeting today in Maputo to discuss terrorism in Mozambique.
The terrorist attack on Palma on March 24 has led to the deaths of a number of people and expatriate workers.
Just hours after Total announced its proposed plans to restart work at Mozambique LNG, insurgents have attacked the nearby town of Palma.
Total has withdrawn a number of workers from the Mozambique LNG site ahead of militant attacks.