State-owned company, Mozambique Airports (Aeroportos de Moçambique – ADM) says it has told banks that it will not be able to continue paying debts of around US$500 million, contracted since 2006 to modernise airport infrastructure.

For more information, please see https://clubofmozambique.com/news/state-owned-mozambique-airports-reports-inability-to-pay-bank-debt-i-carta-157211/