Browsing: Aid

Aid The Bank of Mozambique seen behind a dilapidated building in Maputo's downtown. © Nuno Rosario via Flickr
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More than $1 billion in hidden state borrowing, which has plunged Mozambique into an unprecedented economic crisis, did not merit a mention in the Bank of Mozambique’s latest evaluation of the country’s economy published on 13 May – despite the central [...]

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Aid Finance Minister Adriano Maleiane addressing journalists in Maputo, 28 April 2016. © Tom Bowker / Zitamar News
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The main western donor countries to Mozambique have told the Maputo government that they are open to the possibility of restarting budget support, if the two sides can agree on a set of reforms and “corrective measures” to restore donor confidence in the [...]

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Aid The Chinese-led Macaneta bridge project in Maputo Province. Photo © Zitamar News
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China has chosen Mozambique as one of three “priority partners” for its investment in Africa, along with Angola and Egypt – a second tier of beneficiaries behind four “pioneer and demonstration countries”, namely Tanzania, Ethiopia, Kenya, and the Republic of [...]

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Aid Nyeleti Mondlane, right, signing an EU aid package for Mozambique, November 2015
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The European Union looks set to become the next major donor to suspend aid to Mozambique after a spokesman told Zitamar News that Brussels is working on a co-ordinated response with EU member states and the World Bank. The EU is the second biggest donor to Mozambique’s budget after [...]

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