Wealth fund for $96bn Mozambique gas haul seen this year

Mozambique plans to establish a sovereign wealth fund later this year as it prepares to start natural gas exports that the government says may generate $96 billion in revenue for the world’s third-poorest nation. The authorities are in the process of finalising draft legislation that will govern the management of the fund, Finance Minister Max … Continue reading Wealth fund for $96bn Mozambique gas haul seen this year