Over the last 47 years, the African Development Bank (AfDB) has invested around 3.5 billion dollars in Mozambique to finance 115 projects in the areas of agriculture, transport, energy, water, sanitation and small and medium-sized enterprise initiatives, Prime Minister Adriano Maleiane announced yesterday (23). Speaking during celebrations marking the 60th anniversary...
Tag: BAD
ADB finances construction of ten water reservoirs in Gaza province
The African Development Bank (AfDB) is financing the construction of ten dugout reservoirs in various communities in the Chicualacuala district, in the north of Gaza province. The initiative is part of the response to the drought in that province in the south of Mozambique. Without giving details of the amount, the Chicualacuala district administrator,...
Mozambique receives ADB funding to install weather radars
The Mozambican government already has 5 million dollars at its disposal for the purchase and installation of weather radars in the cities of Xai-Xai and Nacala-Porto, in Gaza and Nampula provinces respectively, as a result of funding from the African Development Bank (AfDB), as part of improving the early warning system. According to the Minister of...
Post-Idai reconstruction: World Bank and ADB have already provided 46 M$ to build 15,000 houses
More than 46 million dollars are available for the construction of 15,000 houses for vulnerable families, mainly in the cities of Beira and Dondo and in Nhamatanda and Búzi, as part of the post-cyclone Idai reconstruction, which in March 2019 destroyed public and private infrastructure and skills. This amount includes UN-Habitant's technical assistance component, as a service provider,...
ADB approves 5M$ loan to install two more weather radars in Mozambique
The African Development Bank (AfDB) has approved another five million dollars to support Mozambique's National Meteorological Institute (INAM), after granting 40 million dollars to the public company Portos e Caminhos-de-Ferro (CFM) for the purchase of rolling stock. According to INAM's director general, Mussa Mustafa, quoted by AIM,...
ADB announces 33 million dollars for food security and climate resilience in Mozambique
The African Development Bank (AfDB) will disburse 33 million dollars for actions to promote food security and climate resilience in Mozambique. The information was revealed by the institution's representative in Mozambique, Cesar Augusto Mba Abogo, pointing out that the first objective of this funding is to address food security issues in the country, through...
ADB reiterates support for power generation projects in Mozambique
This Wednesday in Maputo, the African Development Bank (AfDB) reiterated its commitment to continue supporting power generation projects in Mozambique. This was stated by the AfDB's representative, Henry Baldeh, during the signing ceremony of the partnership agreements for the implementation of the Mphanda Nkuwa hydroelectric project. "Rest assured that...
ADB grants 27 million dollars to improve sanitation in Mozambique
The African Development Bank (AfDB), meeting this Tuesday in Abidjan, Ivory Coast, approved a grant of 27 million dollars for Mozambique. The funding is intended for the implementation of the Inclusive Urban Sanitation Project in Chimoio, the capital of the central province of Manica. The grant comes under Pillar I of the...
ADB prepares financing package worth 50 million dollars for Mozambique
The African Development Bank (AfDB) is open to financing various structuring projects in the country linked mainly to boosting the implementation of initiatives focused on agricultural production, poultry farming and completing the value chain of various products with potential for development. César Tique, senior specialist for agriculture and development...
Nhamatanda: AfDB finances bridge over the Metuchira River
The African Development Bank (AfDB) has financed the construction of a bridge over the Metuchira River in the Nhamatanda district of Sofala. Valued at 1,210,000 US dollars, the infrastructure will be 180 meters long with a load capacity of 30 tons. Governor Lourenço Ferreira Bulha, who laid the foundation stone on Friday...