Force majeure is recognized under the Mozambique Petroleum Law, which provides that “petroleum operations rights holders may lawfully suspend performance of petroleum operations on account of a force majeure event” April 2, 2021/AEC We are disappointed about Total’s recent decision to declare force majeure on its Mozambique LNG Project. While […]

April 21, 2021/EBRD By Jan-Willem  van de Ven By mid-2021 the European Commission plans to propose a bill for a Carbon Border Adjustment Mechanism (CBAM), often referred to as a carbon border tax. It would reflect the amount of carbon emissions attributed to goods imported into the European Union, reducing […]

Opening Remarks at Press Briefing on Regional Economic Outlook By Abebe Aemro Selassie, Director, African Department, IMF Washington, DC April 15, 2021/IMF Good Morning! Thank you all for joining us for the release of the April Regional Economic Outlook for Sub-Saharan Africa. Before I come to our assessment of the […]