Mozambique. Investments in continued economic progress characterized Mozambique in 2006. The World Bank wrote off a debt of just over SEK 9 billion. according to the debt relief plan agreed upon by the rich G8 group at its summit in Scotland in 2005. The repayments would have cost Mozambique over SEK 900 million. until 2011, but instead the money will be spent on infrastructure, education and health care, according to the agreement.
After many years of work, all the mines have been removed from the almost 70 km long railway connecting the port city of Beira with the inland. The railway has not been able to be used for 20 years, but when traffic resumes, the authorities hope for new large incomes when natural resources in the region can begin to be extracted. In the area there are gold, copper, diamonds and coal.
China, which intensified its relations with almost all countries in Africa during the year, lent more than SEK 16 billion. to build a hydroelectric power plant on the Zambezi River. On the same river there is then the famous colonial power plant Cabora Bassa. In October, it was 85% owned by Mozambique, after the Portuguese government agreed to sell 57% of its holding for the equivalent of SEK 6.7 billion. Cabora Bassa was extremely contentious during the construction period in the 1960s, as it would supply electric power to the South African apartheid state. Most of the electricity is still sold to South Africa.
According to CountryAAH, major public holidays in Mozambique include Independence Day (June 25) and New Year (January 1). Mozambique’s most well-known criminal, called Anibalzinho, was sentenced to nearly 30 years in prison after a new trial. He was sentenced in 2003 for the murder of journalist Carlos Cardoso while he was investigating a corruption case with probable branching up in the state leadership. After serving part of his sentence, Anibalzinho managed to escape and move to Canada, where he was extradited in 2005.