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The World Bank has granted northern Mozambique $100 million.
This comes after the area saw violence after being overrun by insurgents.
The funding is part of a three-year project signed by the country s government and the UN.
The World Bank on Wednesday granted $100 million for an emergency recovery project in northern Mozambique, where hundreds of thousands of people have been displaced by a jihadist insurgency.
An agreement for the funding - part of a three-year $700-million project - was signed by the government and the United Nations Office for Project Services (UNOPS) which oversees the project.
World Bank support for African agriculture
Published by: Andrew Mizner at 21/12/2020 Africa’s agricultural sector will receive help dealing with the effects of climate change, while Mo.
Africa’s agricultural sector will receive help dealing with the effects of climate change, while Mozambique and Madagascar are also receiving support for development programmes.
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World Bank programme will provide USD 60 million to help Africa’s agricultural sector cope with climate change. The
International Development Association (IDA), part of the World Bank Group, has provided a grant aimed at fulfilling the bank’s commitment to CGIAR, a global food security organisation, at a time when the pandemic has threatened agriculture and food supply.
World Bank approves grant for Maputo urban renewal project Mozambique-World Bank-Infrastructure December 11, 2020 to 09:48 479 APA-Maputo (Mozambique) The World Bank has approved a US$100-million grant to support an urban renewal project that is set to transform the Mozambican capital Maputo.
World Bank country director for Comoros, Madagascar, Mauritius, Mozambique and Seychelles, Idah Pswarayi-Riddihough said the funds from the bank’s International Development Association would go towards implementation of the Maputo Urban Transformation Project.
The project aims to finance critical urban infrastructure investments in the city and support the implementation of municipal reforms.
“This investment will ultimately contribute to harness the role of Maputo as the country’s economic powerhouse by investing in urban infrastructure and services, whil