Mozambique has also made finds that should, in theory, end poverty - TopicsExpress



          

Mozambique has also made finds that should, in theory, end poverty in a generation. Multinationals are flocking in. “We have the biggest multinationals from around the world here,” Nhachote told Cii, citing Rio Tinto and Vale, for two. South and North Americans, Australians and Asians are all chasing dollars. “All are here.” Nevertheless, poverty remains a concern. According to latest rankings, Mozambique is among the world’s poorest nations. It is in the same league as Somalia, Yemen and, across the Atlantic, Haiti and, ironically, mineral-rich Angola. Mozambique’s life expectancy is hardly 50 versus SA’s mid-50s but lower than 80 in Cuba and Canada. At an alarming 62, Mozambique’s infant mortality rate is sadly ten times Cuba’s.
Posted on: Wed, 15 Oct 2014 11:48:33 +0000

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