Browsing: aid

Agriculture
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Aid for debt; oil, money, and global security: An interview with Russia’s Ambassador to Mozambique

In November 2017 Russia donated $40 million to a school feeding programme in Mozambique via an innovative debt swap structure. Under the agreement, the debt repayments that Mozambique owes to Russia will go to a World Food Programme (WFP) project that aims [...]

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Politics & Economy
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Nyusi kicks off US visit with Secretary of State John Kerry

Mozambique president Filipe Nyusi landed in Washington DC today at the start of a four-day visit to the United States during which he will try to smooth relations with the IMF and the World Bank which deteriorated in April following the discovery of $1.4bn undisclosed debts. Nyusi will also [...]

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Aid
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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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Aid
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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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Aid
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EU relieves budget pressure with 5-year aid commitment

The European Union on Thursday signed an agreement to give Mozambique €734 million in aid through 2020, with the twin aims of strengthening democracy and good governance and rural development. While some will be spent on projects run by non-governmental organisations, an unspecified portion [...]

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