The African Development Bank (AfDB) announced on Sunday its willingness to contribute resources and expertise to help rebuild the infrastructure affected by the earthquake that struck Morocco on Friday. In a statement following the earthquake in Morocco, whose death toll exceeds 2,100, the president of the AfDB, Akinwumi Adesina, said that he "would like...
The African Development Bank (AfDB) has invested more than three billion dollars in Mozambique over the last 10 years, consolidating its position as a strategic partner of the government in priority areas, particularly adaptation and resilience to climate change. The information was shared yesterday in the Matutuíne district by the AfDB's representative in Mozambique, César Mba Abogo,...
The President of the Republic, Filipe Nyusi, today in the town of Ninga, Mueda district, Cabo Delgado province, officially inaugurated the road linking Mozambique and Tanzania. It is, in fact, the completion of the first phase of the Mueda-Negomano road, on the Negomano-Roma section, which is 70 kilometers long. The African Development Bank (AfDB) financed...
The African Development Bank (AfDB) predicts that Africa's total external debt will reach 1.13 billion dollars in 2023, compared to 1.1 billion dollars in 2022. Akinwumi Adesina, president of the AfDB, made this information known during his opening speech at the Paris Club, where he pointed...
The African Development Bank (AfDB) has made 47 million dollars available to mitigate the impacts of drought in the arid and semi-arid zones of the southern region of the country. The data was provided by the national director for the Development of Arid and Semi-Arid Zones at the National Institute for Disaster Risk Reduction and Management (INGD), Paulo Tomás,...
Mozambique has secured funding of 8.9 billion dollars from the Climate Action Window, an ADB Group instrument, for mitigation and adaptation in the face of climate change. The instrument will run from 2023 to 2025. The Deputy Minister of Economy and Finance, Amílcar Tivane, revealed that the fund was obtained as a result of...
The African Development Bank (AfDB) revealed today in a report that Africa's agricultural trade deficit will worsen in 2022, surpassing the 2015 level of 36 billion euros. The report also points out that the number of people suffering from hunger or malnutrition rose to 256 million last year. The document presented...
The African Development Bank (AfDB) is in a better position to mobilize public-private investment in the field of renewable energy, according to the Deputy Minister of Economy and Finance, Amílcar Tivane. Speaking this Wednesday in Egypt during the second session of the AfDB's Board of Governors, he said that the country is transforming its energy matrix...
The African Development Bank (AfDB) expects 18 countries, including Mozambique and Cape Verde, to have economic growth above 5% this year, with the outlook for the continent standing at 4%, according to estimates presented this Wednesday. In the document "Africa's Economic Outlook", released during the AfDB Group's annual meetings in Egypt,...
The Minister of Transport and Communications, Mateus Magala, defends the need to provide the national meteorological and hydrological services with resources to improve their previous systems by 2027. According to Magala, the lack of these resources not only affects Mozambique, but also challenges all developing countries, where the needs are greater and...