Standard Bank cautious on Mozambique due to debt concerns

Standard Bank is taking a cautious approach to projects in Mozambique due to a recent sovereign debt crisis but still believes in the potential of the power sector, Rentia van Tonder, the bank’s head of renewable energy, power and infrastructure, said on Tuesday. Mozambique missed a loan repayment deadline in May, plunging one of the … Continue reading Standard Bank cautious on Mozambique due to debt concerns