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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…

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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…

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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…

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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…

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…

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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…