Mozambique - 03

Mozambique: More Positive Developments for Peace

On 3 March Renamo leader Afonso Dhlakama announced an extension of the existing cease-fire for another 60 days to 4 May. Given that the previous cease-fire periods were respected since the end of December 2016, we are quietly optimistic that this extension will hold. This is good news for the country, as well as for investors and operators. However, while the cease-fire is a pre-condition for a peace deal, it will do little in and of itself to achieve a sustainable peace settlement.

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