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Cooperation: AfDB and Mozambique join forces to boost regional infrastructure development and trade

26/03/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Lors d' une visite by Solomon Quaynor, Bank Group Vice President responsible for Private Sector, Infrastructure and Industrialization tenue From 12 to 15 March 2024, the African Development Bank Group (AfDB) and Mozambique strengthened their partnership. The aim is to stimulate regional infrastructure development and trade.

Vice President Quaynor held meetings with key government officials. Discussions focused on the Bank's support for private sector development and industrialization through strategic infrastructure projects through strategic infrastructure projects along vital regional economic corridors linked to Maputo, Beira and Nacala. The partnership between the Bank and Mozambique is aligned with the country's national development plans and the institution's long-term strategies, giving priority to economic governance, private sector investment, and the sustainable transformation of agriculture, a sector essential for Mozambique's economic diversification

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