The Sofala provincial government has approved an investment portfolio of around 125 million Meticais. The amount approved aims to finance economic recovery projects for fishermen affected by natural disasters. The provincial delegate of the Fisheries and Aquaculture Development Institute in Sofala, Isidro Ntave, said quoted by Radio Mozambique that...
Tag: funding
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Millennium Challenge Corporation foresees funding of $500 million for Mozambique
The US external support agency Millennium Challenge Corporation (MCC) plans to sign a financing package for Mozambique this year in the order of 500 million dollars, one of its leaders announced today. "We are estimating 500 million dollars for the investment package, one linked to transportation and connectivity, a second project on...
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Government guarantees to continue to carry out reforms to attract more investments
The government reiterated in Washington its determination to carry out macroeconomic and structural reforms in the state program, aimed at attracting more funding to the country. The determination was expressed by the Minister of Economy and Finance to the representatives of the International Monetary Fund and the World Bank during the spring meetings of these financial institutions. According to Radio...
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"It is possible to envisage the creation of a CPLP investment and development bank," suggest analysts
Cedesa, an entity that analyzes Angola's political and economic affairs, considered that "it is possible to envisage" the creation of an investment and development bank for the Community of Portuguese Speaking Countries (CPLP), as suggested by the President of Angola, João Lourenço