{"id":34084,"date":"2023-02-15T05:57:19","date_gmt":"2023-02-15T05:57:19","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/violence-in-the-north-is-this-years-main-political-risk"},"modified":"2023-02-15T07:24:40","modified_gmt":"2023-02-15T07:24:40","slug":"violence-in-the-north-is-this-years-main-political-risk","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/violence-in-the-north-is-this-years-main-political-risk","title":{"rendered":"Violence in the north is this year\u2019s main political risk"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The consultancy Fitch Solutions considers Mozambique\u2019s biggest political risk to be \u201ccontinued insurgency activity\u201d in the north of the country, which is postponing investment in the country\u2019s huge gas reserves.<\/p>\n<p>\u201cAt Fitch Solutions, we believe that the main political risk in Mozambique this year will come from continued insurgency activity, but we also believe that the recently approved legalization of local militias to fight insurgents could marginally increase counterinsurgency in the coming quarters,\u201d analysts write.<\/p>\n<p>In an analysis of Mozambique sent to investors, the consultancy, which is owned by financial rating agency Fitch Ratings, gives Mozambique a safety rating of 49.7 points out of 100, below the 57.7 average score for sub-Saharan Africa.<\/p>\n<p>Despite the risk, Fitch Solutions considers that \u201cthe recent visit of the chairman and CEO of TotalEnergies, Patrick Pouyanne\u0301, to Cabo Delgado, together with the President of the Republic, Filipe Nyusi, will result in the restart of the project, after the suspension of operations in 2021\u201d.<\/p>\n<p>In support of this opinion, analysts point out that \u201cthe security situation has improved and the number of armed confrontations has decreased, following the involvement of troops from the Southern African Development Community (SADC) and Rwanda\u201d, a country which supports Maputo and which has increased its contingent in the country from 1,000 in 2021 to 2,500 at the end of last year.<\/p>\n<p>\u201cDespite the improvements, attacks on civilians continue, and insurgent activity still persists in Palma, which will continue to threaten the development of Mozambique\u2019s natural gas sector,\u201d they add.<\/p>\n<p>In the risk analysis, Fitch Solutions also notes that \u201cthe high number of internally displaced people (IDPs) in the north of the country will continue to be a risk to social stability in the coming quarters\u201d, and recalls that the number of people in this precarious situation has risen from 622,000 in January 2021 to 870,000 in June last year.<\/p>\n<p>The province of Cabo Delgado has been terrorized since 2017 by armed rebels, with some attacks claimed by the extremist group Islamic State.<\/p>\n<p>The conflict has already caused more than 3,100 deaths, according to the ACLED conflict registration project, and more than 817,000 people have been displaced, according to the Mozambican authorities.<\/p>\n<p>Since July, 2021, an offensive by government troops with the support of Rwanda, which was later joined by the Southern African Development Community (SADC), has made it possible to increase security, recovering several areas from rebel control, such as the town of Moci\u0301mboa da Praia, in rebel hands since August, 2020.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The consultancy Fitch Solutions considers Mozambique\u2019s biggest political risk to be \u201ccontinued insurgency activity\u201d in the north of the country, which is postponing investment in the country\u2019s huge gas reserves. \u201cAt Fitch Solutions, we believe that the main political risk in Mozambique this year will come from continued insurgency activity, but we [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":34083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-34084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Violence in the north is this year\u2019s main political risk - 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