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.
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Senegal sets its 2026 Digital Ministry budget at CFA81.06 billion, with nearly 60% directed to investments. The “New Deal Technologique” strategy...
Global airline net profit should rise to $41 billion in 2026, according to IATA. Africa is set to generate only $1.3 net profit per...
West Africa’s food economy represents 35% of regional GDP, yet weak transport and power systems keep costs high and limit efficiency. Food prices...
KenGen increased its profit after tax by 54% to KES 10.48 billion ($81 million). More than 90% of its 1,786 MW installed capacity comes from...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...