Criticism of the ICC on the grounds of anti-African bias or neo-colonialism is simplistic. It overstates the power of the ICC and underestimates the ability of African states to manipulate the Court for their own ends.
In anticipation of an audit of borrowing by three Mozambican companies afforded questionable sovereign guarantees, this paper examines their debts and considers how the government and its creditors might extricate themselves from the current crisis.
A cast of international actors facilitated US$2 billion of borrowing by Mozambican corporations afforded dubious sovereign guarantees. Outsiders also played a critical role in uncovering the debts. This timeline highlights some important moments in an extremely fishy tale.