French firm Total and its partners plan to develop two gas liquefaction trains in northern Mozambique. Photo: Shutterstock

US ‘follows China’s path’ in Africa by funding Mozambique liquefied natural gas project

  • Exim Bank approves US$4.7 billion loan, the US’ largest ever to an African country, but American lending to the continent trails that of China
  • The loan mirrors Chinese investments in Africa in the 2000s, aimed at gaining access to energy resources
Topic |   China-Africa relations
French firm Total and its partners plan to develop two gas liquefaction trains in northern Mozambique. Photo: Shutterstock
READ FULL ARTICLE