Isis attacks in Mozambique: Assessing the risks for SA – expert insights

In 2016, Mozambique entered into a multi-billion liquified natural gas project with French oil company, Total. The deal would see investment from about 20 international banks, with South Africa's Standard Bank also securing a stake in the project. Touted as the largest foreign direct investment on the continent, the venture has been marred by political controversy as Islam extremist group Isis is understood to be collaborating with a local terrorist group, initiating violent acts in Mozambique where Total is based. South Africa was warned by Isis not to intervene in the conflict as the government remains mum on what steps it will take to protect the country from the potential security risk. In the mid-week webinar, BizNews's Linda van Tilburg unpacks what this means for SA and what is happening in Mozambique with Leigh Elston, a leading Mozambican analyst on the oil, gas and mining sectors and Liesl Louw-Vaudran from the Institute for Security Studies. – Bernice Maune

By Bernice Maune

Total and its partners earmarked $14,9 billion for a gas venture set to boost Mozambique's economy.

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