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  • Islamist militants occupied a key port in gas-rich northern Mozambique on Wednesday following days of renewed attacks, a military source and local media said. "The port of Mocimboa da Praia was captured by the terrorists at dawn," the Moz24Horas website reported Wednesday. A military source told AFP that the small town and its port had "fallen". The small town Mocimboa da Praia lies less than 80 kilometres (50 miles) south of Afungi peninsula where the liquefied natural gas (LNG) facility, one of Africa's biggest single investment projects, is located. The port is currently the main source of traffic for the gas project. Northern Mozambique has been hit by a jihadist insurgency since 2017 that has killed more than 1,000 people and complicated the country's plans to develop its offshore gas reserves. The military sources said the jihadists hit one vessel with a rocket propelled grenade. "I've been told that the insurgents sank one of the boats bought by former president" Armando Guebuza, the source said, adding: "The situation is complicated." Under Guebuza, Mozambique secretly borrowed about $2 billion from Credit Suisse and Russia's VTB Bank to finance maritime surveillance, and to buy military and tuna fishing vessels from Privinvest in 2013 and 2014. But the government only disclosed the debt in 2016 -- a development that plunged the poor, donor-dependent country into its worst-ever financial crisis. str-sn/gd
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  • Jihadists capture key port in gas-rich N. Mozambique: media, army source
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