Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the African nation.

Coast Guard vessels and other maritime projects. Instead, prosecutors say, bankers and government officials plundered the funds through bribes and kickbacks. Chang, who was Mozambique’s top ...

Manuel Chang, 69, was convicted last year of accepting payoffs to put his homeland secretly on the hook for about $2 billion in loans from major overseas banks.

Mozambique's new president Daniel Chapo vowed to unite the country Wednesday upon taking the oath of office under heavy guard following weeks of deadly political unrest .