Several boats docked at a marina in Africa, symbolizing connectivity and innovation in the fintech sector.
The tuna fishing fleet at the center of a $2 billion corruption scandal, which scuttled Mozambique’s economy and triggered court cases across three continents, is up for auction. The 24 vessels, which have been rusting away for a decade in a port in Maputo, the capital, put the southeast nation on the hook for a $900 million bond that it’s still battling to repay.