Mozambique debt crisis

How to understand a Mozambique facing multiple external structural challenges? What can be expected from the country in terms of its longstanding battle for effective peace and national reconciliation? Can it effectively deal with the serious threat posed by Islamic radicalism?

Since 2014 many energy producing emerging states in Africa and worldwide have fallen into recession resulting in long term financial implications. Mozambique was declared in default and plans to work out new terms of payment of at least US $2 billion in bonds held by western investors.

Mr. Micawber is a character in Charles Dickens's 1850 novel David Copperfield who is always in debt and frequently responds that "something will turn up". Maputo feels like that at the moment.