State-owned Mozambique Asset Management (MAM) missed a May 23 deadline to make a $178 million loan repayment but remains in talks with creditors about rescheduling the debt, finance ministry spokesman Rogério Nkomo said on Wednesday. Nkomo told Reuters that a sovereign guarantee behind a $535 million loan arranged by Russia’s VTB Bank for MAM would … Continue reading Mozambique confirms state firm missed debt payment deadline