Claiming that the discovery of natural gas is creating instability in the north of the country, Mozambican businessmen in Cabo Delgado are suggesting that French investment in the Rovuma Basin be withdrawn. For its part, the Confederation of Economic Associations of Mozambique, CTA, fears a reduction in income from the tourism sector as the French authorities warn their citizens not to travel to the northernmost province of the country because of terrorism.
The Mozambican tourism sector, particularly in Cabo Delgado, will suffer from France’s recommendation that its citizens not travel to that part of the country because of the terrorist attacks.
Muhammad Abdullah is the President of Tourism at the Confederation of Economic Associations of Mozambique, CTA.
“This information is very negative for the tourism sector. I’d say it’s an achilles heel in what was the great growth that was taking place in our sector, from the moment that a country like France gives this kind of indication and, taking into account the projects that companies from that country have developing in that part of the country, it’s worrying.”
The fears of the tourism sector in the CTA are along the same lines as the business community in Cabo Delgado, which recently suggested that French investment in natural gas projects in the Rovuma basin should be withdrawn, claiming that the discovery of natural gas has created instability in the north of the country. French oil company TotalEnergies is leading the Mozambique LNG project, located on the Afungi peninsula, in the Palma district, in the northern province of Cabo Delgado, and is one of the largest investments in Africa, with an estimated value of 20 billion dollars.
RFI
