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Southern Africa Taps $380 Million in World Bank Financing to Facilitate Regional Trade and Investment for more Inclusive Growth

Washington: The World Bank today approved $380 million in financing from the International Development Association (IDA) to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chain ....

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Southern Africa Taps $380 Million in World Bank Financing to Facilitate Regional Trade and Investment for more Inclusive Growth

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Southern Africa Taps $380 Million in World Bank Financing to Facilitate Regional Trade and Investment for more Inclusive Growth
WASHINGTON, April 27, 2021 – The World Bank today approved $380 million in financing from the International Development Association (IDA) to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure.
The new Southern Africa Trade and Connectivity Project (SATCP) will benefit both countries and local communities through investments that will facilitate trade, strengthen regional coordiation, and increase diversified economic opportunities along the Nacala and Beira corridors, connecting Mozambique to Malawi, and along the Maputo Corridor, connecting Mozambique to South Africa through Ponta Do Ouro. The north and central parts of Mozambique and central and southern Malawi, where poverty levels are the highest, and th ....

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Southern Africa taps $380m in World Bank financing to facilitate regional trade

The World Bank approved $380 million in financing from the International Development Association (IDA) to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure.
The new Southern Africa Trade and Connectivity Project (SATCP) will benefit both countries and local communities through investments that will facilitate trade, strengthen regional coordiation, and increase diversified economic opportunities along the Nacala and Beira corridors, connecting Mozambique to Malawi, and along the Maputo Corridor, connecting Mozambique to South Africa through Ponta Do Ouro. The north and central parts of Mozambique and central and southern Malawi, where poverty levels are the highest, and the region near Ponta do Ouro will benefit most. The project will ensure that youth and women are well represented among its beneficiaries. ....

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5 African countries South Africans can visit without facing much restrictions

5 African countries South Africans can visit without facing much restrictions
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With many countries around the world restricting entry to South African travellers, some who are itching to travel are planning sizzling getaways to select destinations on the African continent.
Not only is it a few hours from home, but it also boasts a string of attractions that celebrate culture, history, cuisine and incredible landscapes.
John Ridler, the PR and media manager for Thompson Holidays, said there were many reasons to visit Africa.
“Africa remains one of the leading destinations in the world. Some of the factors include beautiful weather, affordable prices and shorter flying time. In terms of Covid-19, many destinations open for travel boast wide open spaces away from crowds and perfect for social distancing,” he said. Ridler said travel during the pandemic was ever-changing. ....

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Im Süden Mosambiks verheißt die Schildkröte Hoffnung | Freie Presse

Im Süden Mosambiks verheißt die Schildkröte Hoffnung | Freie Presse
freiepresse.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freiepresse.de Daily Mail and Mail on Sunday newspapers.

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