Islamic State In Cabo Delgado is gathering momentum after Russian mercenaries failed. With major investment in LNG infrastructure rolling and govt ineffective this violence will fund itself at some point.
There are massive on shore and offshore facilities being built in the North and that money is the target of the Islamic State. eni.com/en_IT/media/ne…
The south of Mozambique will also benefit from staggering investment in LNG processing. The people not so much. reuters.com/article/us-moz…
It is odd to think that billions in outside investment won’t transform Mozambique for the better but look at Libya and ask yourself why that situation is any different.
Look at Nigeria, Equatorial Guinea even Iran, Iraq and many many other carbon rich nations and wonder why this embarrassing gap exists. cfr.org/blog/nigeria-o…
And of course, front and center is the latest example of why resource rich Africa nations stay poor. theguardian.com/commentisfree/…
I talked with Obiang and others about how sudden great wealth corrupts all. Should the state act investor, patriarch, hoarder, emperor or socialist. All have interesting consequences.
