Frelimo gambled everything on gas – and lost
JOSEPH HANLON THE leadership of Mozambique’s ruling party, Frelimo, was dazzled by gas. The discovery of the second-largest gas reserve in Africa in 2010 led the political and business elite to believe Mozambique would be like Abu Dhabi, Qatar or Kuwait. Gas would make them fabulously wealthy and the riches would trickle down to ordinary people. Poverty and inequality were increasing, but there was no reason to spend money on rural development because the gas bonanza would end poverty. Of course, the elites could take their share early, such as with the $2 billion secret debt in 2012. The gas windfall…