The United Kingdom approves £40 million to support the agriculture sector in Mozambique over the next five years, the British High Commission in the country informed.
“The funding will improve the involvement of the private sector in selected areas of agriculture to promote greater climate resistance, in addition to stimulating growth in this sector and the transformation of the economy of Mozambique,” the British High Commission said in a statement.
The amount is part of a total £64 million granted by the UK, during the summit held on January 20 in London, to support various projects in the country. It comes as a relief for Mozambique, which has been suffering a long drought period exposing many people to food insecurity.
Agriculture contributes about a quarter of the country’s GDP and sustains about 80% of the population.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...
Senegal hosts regional satellite regulation training session Over 20 countries discuss rural connectivity, frameworks Africa faces 6% rural internet...
Qair secures MCB financing for Stor'Sun 3 solar project Plant combines 16.7 MW solar with 42.5 MW storage Commissioning set 2026 under 25-year power...
Dangote signs $400 million equipment deal with China’s XCMG Refinery capacity to expand to 1.4 million bpd Petrochemicals, fertilizer output to...
Guinea moves to relaunch stalled Nongo vocational complex Center to train 1,000 yearly in construction, hospitality Part of broader strategy to boost...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...