The country has begun installing 26 metal bridges destroyed by natural disasters in recent years. The temporary infrastructure should reestablish links between the provinces of Manica, Nampula, Sofala and Cabo Delgado. The construction work is financed by the African Development Bank (ADB), and four of them will be installed by the end of...
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African Development Bank has a new representative for Mozambique
His name is Cesar Augusto Mba Abogo, a citizen of Equatorial Guinea, who is an economist and writer with over 15 years of experience in Natural Resource Economics, Development Economics, Public Policy and International Negotiations
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August 2, 2021August 2, 2021Latest, Agriculture, Featured, Economy, National
ADB has already invested about 600 million dollars in projects in Mozambique
The African Development Bank (ADB) has invested about 600 million dollars in Mozambique in the last four years in agriculture, transport and rural electrification projects
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July 29, 2021July 29, 2021Agriculture, Featured
ADB provides 45 M$ for agricultural infrastructure development in Gaza
The African Development Bank (ADB) will provide $45 million to finance the second phase of the project to develop agricultural infrastructure in Gaza
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"Lack of private sector robustness hinders access to higher finance"
The outgoing representative of the African Development Bank (AfDB), Pietro Toigo, argues that private companies in the country lack robustness, which makes it difficult for them to access a higher type of financing
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ADB approves donation of US$ 665,000 for rehabilitation of the Machipanda railway line
The African Development Bank (ADB) has just approved a donation of 665 thousand dollars for Environmental and Social Impact Assessment Studies (ESIA), in the context of the Machipanda railway rehabilitation project, which connects the Port of Beira, in Sofala province, and neighboring Zimbabwe
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African bank wants to deploy 'New Capital' from the IMF in Africa
The president of the African Development Bank (AfDB) argued last week that the bank should redistribute the IMF's Special Drawing Rights (SDR) because it could leverage it four or five times
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June 29, 2021June 29, 2021Business
ADB supports chicken production in Zambezia and Niassa
The African Development Bank (ADB) announced support of 60 million meticais for the acquisition of chicken production kits, for new breeders in Zambezia and Niassa provinces
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June 28, 2021June 28, 2021Economy
ADB evaluates the first phase of the Pemba-Lichinga corridor
The Proposal for the implementation of the first phase of the Pemba-Lichinga Corridor Integrated Development Program, which aims to lay the foundation for the creation of an agro-industrial processing zone linking the provinces of Cabo Delgado and Niassa, will be presented by the end of the year to the Board of Directors of the African Development Bank
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"Africa's economic recovery depends on access to vaccines" - AfDB
The president of the African Development Bank (AfDB), Akinwumi Adesina, argued Tuesday that economic recovery on the continent will depend on access to vaccines, in a speech to launch the Annual Meetings, taking place this week in virtual format