Matthew Hill Journalist Profile

Articles

TotalEnergies' Mozambique LNG Poised for Decision on $4.7 Billion US Loan

1 month ago | financialpost.com | Paul Burkhardt |Matthew Hill |Alix Steel

Construction of the Mozambique LNG project halted four years ago due to Islamic State-linked militant attacks nearby. US Exim had initially agreed to the $4.7 billion loan in 2019 during the first term of President Donald Trump, and fresh approvals are necessary after such a long delay. Trump has made multiple appointments to the bank within the last two weeks, pursuing his theme of US energy dominance and supporting jobs in the oil and gas industry.
Rebel Pastor, Ex-Television Analyst Upends Mozambican Politics

Jan 9, 2025 | financialpost.com | Matthew Hill

Skip to ContentAdvertisement 1When Venâncio Mondlane started out as a political commentator, a nearly seven-foot-tall television journalist was tasked with questioning him. More than two decades later the two are locked in a standoff, with Mozambique’s future at stake. • You can save this article by registering for free here. Or sign-in if you have an account.
The Billion-Dollar Railways Driving Biden’s Last Overseas Trip

Dec 2, 2024 | bnnbloomberg.ca | Matthew Hill

(Bloomberg Businessweek) -- Twice a week, a cargo train groaning under hundreds of tons of copper concentrate pulls into the Angolan port of Lobito from mines in the Democratic Republic of Congo. The locomotive is made by Pittsburgh-based Wabtec Corp. but many of the wagons come from China, and just outside town the train passes signage promoting a Chinese construction company.
S&P sees Mozambique turmoil pushing nation closer to debt default.

Nov 15, 2024 | fullview.co.za | Matthew Hill

By Matthew Hill, Bloomberg. Deadly protests that have rocked Mozambique’s economy since disputed elections last month are ratcheting up already high risks that the government will be unable to service its domestic debt, according to S&P Global Ratings. The company cut its assessment of the gas-rich nation’s local currency debt to CCC on 18 October, before widespread demonstrations shut down large parts of the economy.
Mozambican Opposition Leader Urges Protesters to Disrupt Trade

Nov 11, 2024 | bnnbloomberg.ca | Borges Nhamire |Matthew Hill

(Bloomberg) -- Mozambique’s main opposition leader urged his supporters to up the ante over last month’s disputed elections and disrupt key trade routes and ports. Venâncio Mondlane, who rejected the Oct. 9 election results as fraudulent, called on his supporters to protest at Mozambique’s border with South Africa and the port in Maputo, the capital, from Nov. 13-15. In a live stream broadcast late Monday, he also encouraged them to block the trade corridor that links the Beira port with Zimbabwe.
Mozambique’s Ruling Party Says Protest Calls Are Inciting Coup

Nov 7, 2024 | bnnbloomberg.ca | Borges Nhamire |Matthew Hill

(Bloomberg) -- Mozambique’s ruling party said the opposition’s calls for ongoing protests against the outcome of last month’s elections are inciting an attempted coup. When people are encouraged to occupy the presidential palace, “this is an attempt to seize power, a power that was democratically instituted and legally legitimized.” Alcinda de Abreu, a spokeswoman for the political commission of Frelimo, as the governing party is known, said in comments broadcast over state television Thursday.
Mozambican Protesters Blockade Main Road Link With South Africa

Nov 4, 2024 | bnnbloomberg.ca | Matthew Hill

(Bloomberg) -- Protesters in the Mozambican border town of Ressano Garcia seized control of a number of trucks and used them to blockade the main highway to neighboring South Africa on Monday, according to the Trans African Concessions, which operates the route. Public buses were also prevented from operating on the N4 highway and passengers were forced to get out and walk, the operator said.
Mozambique's Ruling Party Wins Vote Tainted by Fraud Claims

Oct 24, 2024 | financialpost.com | Matthew Hill |Borges Nhamire

(Bloomberg) — Mozambique’s ruling-party candidate was declared the runaway winner of presidential elections as tensions over fraud claims put the southeast African nation on edge and sent its bonds plunging. We apologize, but this video has failed to load. tap here to see other videos from our team. Try refreshing your browser, or Daniel Chapo got 70.67% of the vote, the electoral commission said Thursday, while his party won 195 of the 250 seats in parliament.
Murder Sparks Talk of Revolution in Gas-Rich Mozambique

Oct 23, 2024 | bnnbloomberg.ca | Matthew Hill |Borges Nhamire

(Bloomberg) -- On Tuesday, charismatic Mozambican opposition leader Venâncio Mondlane delivered a fiery speech that’s set his nation on a knife’s edge. “At this moment, there is an opportunity — a climate — a revolutionary atmosphere surrounding Mozambique,” he said to 850,000 viewers on his Facebook page.
Mozambique Opposition Talks ‘Revolution’ as Election Tally Looms

Oct 22, 2024 | bnnbloomberg.ca | Matthew Hill

(Bloomberg) -- Mozambican opposition leader Venâncio Mondlane brandished the threat of “revolution” and called for a two-day protest after alleged fraud in this month’s elections and the murder of his legal adviser. The southeast African nation’s Eurobonds fell. Mondlane’s comments, following the weekend killing of his lawyer by unknown gunmen, significantly raises the stakes in the aftermath of the Oct.