The European Union has pledged $116 million to support Mozambique in the fight against the coronavirus pandemic. The announcement was made yesterday by Antonio Sanchez-Benedito Gaspar (pictured, left), the EU envoy in the country.
The financing will be injected into programs aimed at mitigating the social and economic impacts of the crisis. According to the EU envoy, the money will be provided over two years under several transparency and control terms agreed with the country.
Like many African countries, Mozambique has been hit hard by the covid-19 health crisis, which has prompted governments to implement restrictions that slow down economic activities. According to the latest figures from the African Union, the country has recorded 12,988 confirmed cases of coronavirus with 93 deaths and 10,439 recoveries.
Antonio Sanchez-Benedito Gaspar says the new financing deal has "different characteristics" compared to the direct budgetary aid provided to Maputo under previous agreements.
Moutiou Adjibi Nourou
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...