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African Development Bank Group (AfDB)

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    • Minister of Economy and Finance and African Development Bank Governor Ernesto Max Elias Tonela and Solomon Quaynor, the Bank’s Vice President for Private Sector, Infrastructure and Industrialization
    • From L to R – Bank Country Manager for Mozambique, Cesar Mba Abogo; Senior Fragility and Resilience Officer, Rejoice Musakaruka; Transport and Communications Minister Mateus Magala; Bank Vice President for Private Sector, Infrastructure and Industrialization, Solomon Quaynor; Development and Portfolio Consultant, Tshinde Matos; Vice Minister of Transport and Communications, Amilton Alissone; and Agriculture Specialist Cesar Tique
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Source: African Development Bank Group (AfDB) |

African Development Bank and Mozambique strengthen partnerships to boost regional infrastructure development and trade

The Mozambican government expressed gratitude for the Bank’s continued support for regional integration and green industrialization in Southern Africa

The African Development Bank (www.AfDB.org) and Mozambique reinforced their partnership during a visit by Mr. Solomon Quaynor, the Bank’s Vice President for Private Sector, Infrastructure and Industrialization. This visit, held from March 12th to 15th, 2024, underscores the Bank’s commitment to supporting Mozambique's economic growth trajectory, particularly following the third…

African Development Bank Group (AfDB)

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    • The African Development Bank loan will enable CFM to buy 10 locomotives, 300 wagons, and 120 tank containers
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank lends $40 million to the Mozambique Rail and Port Authority to buy rolling stock for the Ressano Garcia railway line

Project implementation will improve logistics and reduce the cost of transporting goods and products using cost-effective, efficient means benefiting from economies of scale

Finance Approval date: 31 January 2024 Project name: Mozambique - Portos e Caminhos de Ferro de Moçambique EP (CFM) Amount: The African Development Bank is making a $40-million corporate loan to the state-owned enterprise Portos e Caminhos de Ferro de Moçambique EP (CFM), the Mozambique rail and port authority, to…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Conference of the Parties (COP28): African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) grants $1.8 million to boost entrepreneurship skills for thousands of women in partnership with Export Trading Group

The project aims to impact up to 3,600 women and women-led or owned businesses by placing them in Export Trading Group’s global supply chain over four years

The African Development Bank Group’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) and Export Trading Group have signed a technical assistance agreement of $1.8 million to strengthen women’s skills in entrepreneurship in four countries. Leadership from both organizations took part in a signing ceremony held Tuesday December 5th…

African Development Bank Group (AfDB)

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    • The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank grants $33 million to improve the electrical grid near borders with Malawi, Zambia and Zimbabwe

The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for states undergoing transition

Meeting in Abidjan on 5 December 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org/en) approved a grant of $33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project. The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for…

African Development Bank Group (AfDB)

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    • Mozambique: African Development Fund approves $20 million to improve business environment and drive investments to climate-smart agriculture
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Fund approves $20 million to improve business environment and drive investments to climate-smart agriculture

This funding is the first of two successive geberal budget support operations for fiscal years 2023 and 2024, each worth about $20 million

The Board of Directors of the African Development Fund (https://apo-opa.info/42vfbFI), the African Development Bank Group’s (www.AfDB.org) concessional lending window, has approved a grant of $19.98 million to finance the implementation of Mozambique’s Economic Acceleration and Governance Support Programme. This funding is the first of two successive geberal budget support operations…

African Development Bank Group (AfDB)

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    • The African Development Fund supports Mozambique to develop the private sector and the management of public finances
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Fund grants over US$6 million to strengthen the private sector and the management of public finances

The project will help to streamline the administrative formalities imposed on businesses and investors and foster a more conducive environment for investment and business creation

The Board of Directors of the African Development Fund approved a grant of US$6.73 million to Mozambique in Abidjan on 13 September 2023 to support the implementation of the Institutional Support Project for Business Environment and Governance. The aim of the project is to increase resilience through institutional capacity building…

African Development Bank Group (AfDB)

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    • (Left to Right): Governor of Cabo Delgado Province, Valige Tauabo; Minister of Public Works, Housing and Water Resources, Carlos Mesquita; Mozambican President Filipe Jacinto Nyusi, Cabo Delgado Province Secretary of State António Supeia and Country Manager for Mozambique, Cesar Mba Abogo
    • Mozambican President Filipe Jacinto Nyusi
    • Mozambique: Mozambican president commissions 70 km Negomano-Roma Road enhancing trade between Mozambique and Tanzania (1)
    • Mozambique: Mozambican president commissions 70 km Negomano-Roma Road enhancing trade between Mozambique and Tanzania (2)
    • Mozambique: Mozambican president commissions 70 km Negomano-Roma Road enhancing trade between Mozambique and Tanzania (3)
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Source: African Development Bank Group (AfDB) |

Mozambique: Mozambican president commissions 70 km Negomano-Roma Road enhancing trade between Mozambique and Tanzania

Road to transform lives of millions in Cabo Delgado Province

Mozambican President Filipe Jacinto Nyusi has commissioned a key link road funded by the African Development Bank (www.AfDB.org). Completion of the Negomano-Roma Road, in the country’s northern province, is already enabling communities in the Mueda district of the northern Cabo Delgado region to enjoy improved road conditions, access to health…

African Development Bank Group (AfDB)

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    • (From left to Right): Bank Director-General for Southern Africa, Leila Farah Mokaddem; Mozambican Prime Minister Adriano Maleiane;Bank Vice President for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade; and Bank Country Manager for Mozambique, Cesar Augusto Mba Abogo.
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Source: African Development Bank Group (AfDB) |

Mozambique: Prime Minister Maleiane commends African Development Bank Group’s partnership during visit by Bank Vice-President Akin-Olugbade and team

Akin-Olugbade’s courtesy call on the prime minister is part of a six-day official visit to Mozambique

Mozambican Prime Minister Adriano Maleiane has given a resounding endorsement of the African Development Bank’s (www.AfDB.org) development strategy in his country. Receiving the Bank’s vice president for regional development, integration and business delivery, Marie-Laure Akin-Olugbade in his office on Thursday, Maleiane complimented the African Development Bank for what he said…

African Development Bank Group (AfDB)

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    • The main objective of the Mozambique CSP 2023-2028 is to promote structural transformation by improving the country's fiscal situation, creating decent jobs and achieving inclusive growth
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank adopts new Country Strategy Paper covering 2023-2028

As of 28 February 2023, the African Development Bank Group's active portfolio in Mozambique comprised 38 operations with a total commitment of $1.21 billion

The Board of Directors of the African Development Bank Group (www.AfDB.org) has endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique on 13 June 2023. The new strategy aims to promote the country's structural transformation by improving fiscal stability, creating decent jobs and generating inclusive growth. The strategy has two priority…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank approves €125 million loan for hydroelectric power producer to modernize production system

The package comprises up to €100 million from the African Development Bank and up to €25 million from the Africa Growing Together Fund

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan package not exceeding €125 million to Hidroeléctrica de Cahora Bassa (HCB) in Mozambique to support its Vital Capex program aimed at modernizing the company’s electricity production system. HCB, the largest Independent Power Producer (IPP) in…