Mozambique: African Development Fund grants over US$6 million to strengthen the private sector

Posted by - September 14, 2023

The Board of Directors of the African Development Fund has approved a grant of US$6.73 million to Mozambique in Abidjan on 13 September 2023 to support the implementation of the Institutional Support Project for Business Environment and Governance. Its first component is aimed at improving the business environment, including through capacity strengthening of the delivery

Mozambique: World Bank Approves $300 Million to Improve Access to Finance and Economic Opportunities

Posted by - April 2, 2023

The Mozambique Access to Financing and Economic Opportunities Project, also known as Mais Oportunidades, is a six-year (2023-2029) initiative funded by the International Development Association (*IDA), and was given a $300 million credit by the World Bank Board of Directors yesterday.  Idah Z. Pswarayi-Riddihough, World Bank Country Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles,

Access Bank Plans to Expand its Penetration into Four African Nations

Posted by - November 1, 2019

The reputable financial and commercial service provider, Access Bank Plc has revealed its plan to extend operations to four additional African countries next year, following its takeover of Transnational Bank Limited of Kenya. According to a quote, the bank’s Chief Executive Officer, Herbert Wigwe, said “By this time next year we would probably have added

AGCO Africa and AT Capital S.A. Collaborate for a Key Agri Project in Mozambique

Posted by - June 21, 2019

AGCO and AT Capital S.A have signed a memorandum of understanding to collaborate and work together towards the implementation of the Parque Agro-industrial de Moamba (PAM) Agri-Industry Park in Maputo, Mozambique. The announcement was made at the sidelines the 12th U.S. – Africa Business Summit “Advancing a Resilient and Sustainable U.S.-Africa Partnership” in Maputo. The

Vodafone foundation sends help to Mozambique’s Idai victims

Posted by - March 27, 2019

Vodafone foundation has organized two teams of trained Vodafone employee volunteers to provide communications support for the humanitarian relief programme following Cyclone Idai. The Instant Network team arrived in Mozambique on Monday 18th March with trained volunteers from four Vodafone markets (Romania, Hungary, Netherlands, Portugal), carrying Instant Network, Instant Wifi, Instant Charge, satellite equipment and various