Pirates threaten to hijack Mozambique’s economic boom
Natural gas discoveries and coal production in Mozambique have given a big boost to the country’s economy and business environment. But there are fears that the Mozambique Channel, which is vital for exporting hydrocarbons, could fall prey to attacks by Somali pirates who have terrorised shipping lanes in the Indian Ocean. An anti-piracy operation between Mozambique, Tanzania and South Africa, has had some success in combating the threat.
THE 2,400km Mozambique Channel between Madagascar and the East African coast is vital for the country`s growing economy, particularly in the mining and the energy sectors which use the sea lane as a main route for exports.
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.