The United States (US) has announced that, in the light of the undisclosed loans to the Mozambican state companies Proindicus and Mozambique Asset Management (MAM), it is reconsidering its aid to Mozambique.
 
In a press statement, the country’s embassy in Maputo says that the US is joining other donors in reviewing the packages of aid granted to Mozambique.
 
It was only in early April that the government guaranteed loans to Proindicus and to MAM came to light. The loans were contracted in 2013-2014, under the previous government, led by President Armando Guebuza, and had not been disclosed either to the Mozambican public or to the country’s international partners.
 
To read the article titled, “United States reviewing aid to Mozambique,” click here.