Mozambique’s debt scandal spills over into Angola

PUBLISHED: Wed, 30 Jan 2019 11:22:22 GMT


The Mozambican former finance minister loan saga is unfolding in domestic and international courts. Now there has been growing concerns of the involvement of a senior Angolan political leader in the scandal. This could be trouble for Angola as this risks the relationship with the IMF and the prospect for economic recovery this year. Robert Besseling, Executive Director of EXX Africa joins CNBC Africa for more.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.