ADB investments in Mozambique already amount to one billion dollars

The African Development Bank's (ADB) investments in Mozambique already amount to one billion US dollars, resources allocated in 36 interventions almost all over the country.

The information was advanced this Tuesday in Maputo by the ADB's representative in Mozambique, César Augusto Mba Abogo, at the launch of the RASME platform, an initiative that aims to optimize information technology in the collection of data on development projects supported by the African financial institution in the country.

To this end, the source advocated the improvement of data on the impact of projects funded by the institution aimed at promoting effective social and economic development in Mozambique.

"Public policies must be very good, and for that they need data," Abogo stated.

The effectiveness and stimulus of macroeconomic growth depends on how quickly information is gathered on the impact of the projects being implemented in the various social and economic areas.

"We need real-time data from all the areas in which we intervene: agriculture, infrastructure, and energy," added the ADB representative in Mozambique.

César Augusto Mba Abogo stated that with RASME it will be possible to quickly monitor projects financed by ADB.

"The quality of data available now is good, the only difference is that to collect data, we need time," he emphasized.

For his part, Bahati Joel Sanga, manager and regional coordinator for Information Technology at the ADB, said that RASME foresees the optimization of means such as drones and cell phones in the collection of data on projects funded by the institution.

"The goal of RASME is to accelerate the implementation of project monitoring in Africa, and we can only do that if we have real-time data," he emphasized.

Mozambique is the first country on the continent to benefit from this initiative and should serve as a model for the program's expansion to other African states.

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