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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…

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

Mozambique: The African Development Bank's Sustainable Energy Africa Fund for Africa Provides $2.5 Million to Increase Penetration of Renewable Energy

The grant administered by the Bank, will be used to implement the Mozambique Renewable Energy Integration Program (MREP)

The Board of Directors of the African Development Bank (AfDB) (https://www.AfDB.org/) has approved a grant of a grant of $2.5 million to the Mozambican government to develop renewable energy resources. The grant, from the Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS), administered by the Bank, will be used to implement…

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

Mozambique: African Development Bank Vice-President Quaynor meets with government at outset of new country strategy

Discussions covered the bank’s country strategy for Mozambique, recent reforms the government has undertaken, and the country’s strategic energy and transport sectors in particular

African Development Bank (www.AfDB.org) Vice-President for Private Sector, Infrastructure and Industrialization, Mr. Solomon Quaynor, officially visited Mozambique last week. He met with Mozambican government representatives and members of the private sector. Discussions covered the bank’s country strategy for Mozambique, recent reforms the government has undertaken, and the country’s strategic energy…

African Development Bank Group (AfDB)

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    • Growing young green corn seedling sprouts in a cultivated agricultural farm field
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Fund approves additional $5.6 million grant funding to bolster food security and resilience

The additional financing targets the production of maize, soya beans, and sesame

The Board of Directors of the African Development Fund has approved a $5.6 million grant in additional funding for Mozambique’s Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Program. This additional funding is under the Bank’s African Emergency Food Production Facility (https://bit.ly/3QfFI3h) aims to build the resilience of Mozambique’s…

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

African Development Bank Grants $1.4 Million to Export Trading Group to Strengthen Entrepreneurship Skills of Women-owned & Led Businesses in Mozambique, Tanzania and Zambia

ETG is one of the largest and fastest-growing integrated agricultural supply chain managers and processors in Sub-Saharan Africa

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned businesses in three countries in Sub-Saharan Africa. ETG is one of the largest and fastest-growing integrated agricultural supply chain managers and…

African Development Bank Group (AfDB)

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    • African Development Bank Country Manager for Mozambique, Cesar Augusto Mba Abogo, speaking during the dialogue on Natural Capital for Africa Development Finance
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank, Green Growth Knowledge Partnership and World Wide Fund for Nature Host Dialogue on Mainstreaming Natural Capital for a Green Economy

The dialogue brought together government representatives from key sectors, development partners and civil society to discuss how to place nature at the heart of economic development

The African Development Bank (https://www.AfDB.org), the Green Growth Knowledge Partnership and the World Wide Fund for Nature (WWF) (WWF.panda.org), have hosted a dialogue to revalidate Mozambique’s commitment to mainstreaming its natural capital to spur the transition to a green economy. Mozambique, alongside Tanzania, was selected as a pilot country, for…

African Development Bank Group (AfDB)

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    • Digital financial solutions are key to reducing the gender access-to-finance gap in Africa
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Source: African Development Bank Group (AfDB) |

We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses

The funds will enable the Africa Digital Financial Inclusion Facility to design and implement programs to improve digital access to finance for women entrepreneurs

The Women Entrepreneurs Finance Initiative (We-Fi)  has announced a new round of funding under which the African Development Bank’s (www.AfDB.org) Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria. This…

African Development Bank Group (AfDB)

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    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (1)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (2)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (3)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (4)
    • African Development Bank President Akinwumi A. Adesina at the SAPZ Pemba-Lichinga Exhibition in Mozambique (5)
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Source: African Development Bank Group (AfDB) |

African Development Bank Head Celebrates Food ‘Milestone for Africa’ at the Launch of First Special Agriculture Industrial Zone in Mozambique

As war in Ukraine threatens Africa’s food supplies, African Development Bank head says agricultural zones hold the key

African Development Bank head Akinwumi A. Adesina (www.AfDB.org) joined President of the Republic of Mozambique Filipe Jacinto Nyusi, to launch the “milestone” Pemba-Lichinga Integrated Development Corridor on Saturday, in Mozambique’s northern Niassa province. The Board of Directors of the African Development Fund, the concessional window of the African Development Bank…

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

Mozambique joins collaborative ICT data collection initiative developed by African Development Bank

RASME is a partnership of the African Development Bank and the World Bank’s Geo-Enabling initiative for Monitoring and Supervision and KoBoToolbox teams

The African Development Bank (www.AfDB.org) has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME) project to Mozambique, making it the sixth African country to benefit from the tool which enhances project-related data collection in remote areas. RASME is a partnership…

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

African Development Bank grant to improve governance of natural resource outflows in six African countries

The Transitional Support Facility has awarded a $2.8 million grant for the Governing Natural Resource Outflows for Enhanced Economic Resilience in Fragile and Transitional Countries (GONAT) project in the selected fragile and transitional countries

Six African countries will soon benefit from a grant from the Transitional Support Facility (TSF) of the African Development Fund, through a project designed to strengthen national capacity for governing natural resource outflows in Africa. The African Development Fund is the concessional lending arm of the African Development Bank Group.…