Johannesburg, July 15, 2025 (AFP) - NGOs sue US EXIM bank over $4.7 bn Mozambique gas loan

NAMPA / AFP

2025-07-15

Environmental groups have filed a lawsuit challenging a $4.7 billion loan by US credit export agency EXIM to TotalEnergies' stalled gas project in Mozambique, the nonprofits said Tuesday. Construction on the French fossil fuel giant's massive liquefied natural gas (LNG) project in northern Mozambique has been suspended under force majeure since 2021 due to a bloody jihadist insurgency. The Washington-based Export-Import Bank (EXIM) approved in Ma......

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