Mozambique Bond Yields Hit 2022 Low on LNG Project Momentum
PositiveFinancial Markets

Mozambique's bond yields have reached their lowest point in 2022, thanks to significant momentum from the liquefied natural gas (LNG) sector. Eni SpA's recent approval of a $7.2 billion LNG project, along with TotalEnergies SE's indication to resume work on a major development in northern Mozambique, has boosted investor confidence. This is crucial for Mozambique's economy, as it signals a revival in foreign investment and development, potentially leading to job creation and economic growth.
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