Mozambique Asset Management (MAM), one of the companies that benefited from an undisclosed state-guaranteed loan, failed on Monday to make its first loan repayment, the daily O País reported yesterday. According to the newspaper, quoting a source close the process, the company is attempting to renegotiate the value of its US$535 million (478 million euros) … Continue reading Mozambican state company that benefited from undisclosed loan fails to make first repayment