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African Development Bank Group (AfDB)

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    • Mozambique's President, Daniel Chapo (left), and the President of the African Development Bank, Dr Akinwumi Adesina, at the 2025 Africa50 General Shareholder Meeting in Maputo
    • African Development Bank President Dr Akinwumi Adesina at a Fireside Chat with Adesina: 10 Years of Legacy, moderated by Nozipho Mbanjwa-Tshabalala, CEO of The Conversation Strategists
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Source: African Development Bank Group (AfDB) |

Mozambique President Extols Adesina's Transformative Decade at African Development Bank

“Your legacy is not just institutional but impacting the lives of Africans,” President Chapo said in tribute to Adesina’s legacy during Africa50 General Shareholders Meeting

Mozambique’s President Daniel Chapo has lauded Dr. Akinwumi Adesina for a decade of “transforming ambition into outcomes” as President of the African Development Bank Group (www.AfDB.org), crediting his leadership with improving millions of lives across the continent. Opening Africa50 General Shareholders Meeting in Maputo on Wednesday, President Chapo thanked Adesina…

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

Opening Speech Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors African Development Bank Group and Chairman, Africa50 2025 General Shareholders Meeting

Mozambique is a strong shareholder of the African Development Bank Group, which started operations in the country in 1977

Your Excellency, Daniel Chapo, President of the Federal Republic of Mozambique. Honorable Carla Louveira, Minister of Economy and Finance of Mozambique. Honorable Ministers and senior government officials. The Secretary General of the African Continental Free Trade Area Secretariat, Wamkele Mene. Excellencies, Ambassadors and heads of diplomatic missions. Heads of international…

African Development Bank Group (AfDB)

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    • Participants at the Africa50 General Shareholders Meeting in Maputo
    • African Development Bank President Akinwumi Adesina discusses Africa50's transformation over the past eight years
    • From left to right: Alain Ebobissé, CEO of Africa50; Carla Alexandre Loveira, Mozambique's Minister of Finance; Daniel Francisco Chapo, President of Mozambique; and Akinwumi Adesina, President of AfDB and Africa50 Chair, at Africa50's General Shareholders Meeting in Maputo
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Source: African Development Bank Group (AfDB) |

Africa50 Sets New Benchmark in Infrastructure Financing, Surpasses $1.4B in Managed Assets

Africa50 also sealed two significant pan-African deals, including the first close of the Alliance for Green Infrastructure in Africa (AGIA), an initiative envisioned by Dr. Akinwumi Adesina

Eight-Year Journey from Single Employee to 100-Strong Team Managing $8 Billion Portfolio Value Demonstrates Africa's Infrastructure Investment Potential. Africa50 symbolises the new Africa; an Africa that depends on itself, promotes cooperation between Africans, and builds shared prosperity, says President of Mozambique Africa50 (www.Africa50.com), the investment platform established by African governments…

African Development Bank Group (AfDB)

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    • African Development Bank Approves $17 Million to Rebuild Conflict-Affected Northern Mozambique
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Source: African Development Bank Group (AfDB) |

African Development Bank Approves $17 Million to Rebuild Conflict-Affected Northern Mozambique

Project to create 24,000 jobs and benefit over 100,000 people in Cabo Delgado

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $17 million grant to support recovery and resilient-building efforts in conflict-affected northern Mozambique’s Cabo Delgado province. The funding will support the Resilient Investment for Socio-Economic Empowerment, Peace, and Security (RISE-PS) Project, a bold new initiative to tackle…

African Development Bank Group (AfDB)

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    • Participants at the signing of a tripartite agreement for a drone-driven initiative to strengthen disaster preparedness in Mozambique
    • From left to right: Mr. Changmoon Yang, MD of Busan Techno Park, South Korea; Mozambique’s Minister of Communication and Digital Transformation; and Akposso Marcelle, Division Manager, AfDB, at the signing of a tripartite agreement for a drone-driven initiative to strengthen disaster preparedness in Mozambique
    • A prototype drone for an initiative to strengthen disaster preparedness in Mozambique
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Source: African Development Bank Group (AfDB) |

African Development Bank and Mozambique launch drone-based initiative to strengthen country’s disaster preparedness

The Drone-Based Disaster Management Project will establish a drone training centre in Mozambique to train 30 professionals, including 10 instructors

The African Development Bank (www.AfDB.org), the government of Mozambique, and Korea’s government agency Busan Technopark have launched an innovative drone-driven initiative to strengthen disaster preparedness in Mozambique, a country frequently hit by floods, mudslides, cyclones, and other weather-related crises.   The launch event took place in Maputo, on Thursday, April 3.  …

African Development Bank Group (AfDB)

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    • Marking decades of African Development Bank’s impactful partnership with Mozambique: Prime Minister Adriano Maleiane (2nd from left), Transport Minister Mateus Magala (far left), and Vice Minister of Economy and Finance Carla Louveira (far right) join Interim AfDB Country Manager Macmillan Anyanwu (3rd from left) in cutting the Bank’s anniversary cake
    • (Front row, L-R) Mozambique's Transport and Communications Minister Mateus Magala; Prime Minister and AfDB Governor for Mozambique Adriano Maleiane; AfDB Interim Country Manager Macmillan Anyanwu; Economy and Finance Vice Minister Carla Louveira; and AfDB Principal Country Economist Flavio Soares da Gama. Standing behind are representatives of development partners
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Source: African Development Bank Group (AfDB) |

60 Years of Making a Difference: Mozambique Showcases African Development Bank’s Impactful Partnership

The commemoration brought together government officials, development partners, and key stakeholders to reflect on the Bank’s journey and its contribution to the southern African nation’s growth

The African Development Bank Mozambique Country Office (www.AfDB.org) held a special ceremony on Monday to celebrate the institution’s 60th anniversary in Maputo, showcasing decades of partnership and development impact across Africa. The commemoration, under the theme, “60 Years of Making a Difference” brought together government officials, development partners, and key…

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…