Total (BRVM:TTLC, BRVM:TTLC, NSE:TOTL) announces the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.

Moody's Investors Service has upgraded the Government of Mozambique's long-term local-currency and foreign-currency issuer ratings to Caa2 from Caa3 and maintained the stable outlook. It also assigned a (P)Caa2 foreign-currency senior unsecured debt rating to the new bond that will be issued at the end of the month in exchange of the existing 2023 bond. Moody's has also affirmed the Caa3 foreign-currency senior unsecured debt rating on the 2023 bond.

Mozambique's central bank lowered its monetary policy rate, MIMO, by a further 50 basis points to 12.75 percent as inflation continues to decelerate while the outlook has become more favorable following last week's signing of a peace accord.

Mozambique's central bank lowered its benchmark monetary policy rate, MIMO, by 100 basis points to 13.25 percent, saying inflation has slowed four months in a row and is expected to remain low and stable in the medium term.