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.
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mobile phones have become essential tools for work, education, payments and staying connected across...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
Mali participated as guest of honor at Guinea’s third Skills Olympiad focused on vocational excellence. Officials from both countries aligned on...
GasEntec secured a contract to install an LNG terminal in Dakar to support Senegal’s energy supply. The project will supply gas to power plants,...
Pratt & Whitney inaugurated a $76 million aircraft engine components plant in Morocco’s Midparc industrial zone. The facility will produce...
Africa imported 18.8 GW of Chinese solar panels, up 48% Egypt, Algeria, South Africa among top buyers exceeding 1 GW Lower prices drive...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...