Browsing: Aid

Agriculture
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Climate experts forecast rain for drought-hit southern Africa

Climate experts from the Southern African Development Community (SADC) have forecast that most countries in southern Africa are likely to receive normal to above normal rainfall in the 2016-2017 farming season - bringing hope to a drought-hit region. SADC climate experts and meteorological [...]

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Mozambique government says sorry, but unrepentant central bank turns fire on donors

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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Donors ‘open to possibility’ of restoring Mozambique budget support

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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China says Mozambique is “priority partner” for further investment

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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European Union set to follow World Bank lead on Mozambique aid

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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