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Mozambique issues $500m bond to buy own tuna fleet

Bond will finance purchase of 27 vessels, and is part of efforts to retain more of the profits made from its tuna fishery

By Undercurrent News | Sept. 10, 2013 08:47 BST
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A new Mozambique state agency focused on fisheries has issued a $500 million bond for the country to buy its own tuna fleet, reported Reuters.

The bond will finance the purchase of fishing infrastructure, comprising of 27 vessels, an operations center and related training [...]

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