12 °c
London
Monday, January 30, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Mozambique: EU will continue projects despite withholding aid

FurtherAfrica by FurtherAfrica
May 19, 2016
in Africa, Aid, Diplomacy, Donors, Economy, Finance, Government, Mozambique, SADC
Reading Time: 1 min read
1.1k 11
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The European Union has said it will continue to fund development projects in Mozambique, including those of civil society organisations despite suspending direct financial support to the state.

Speaking to the media in Maputo on Wednesday, the EU ambassador in Mozambique, Sven Khun, said despite the organisation’s suspension of funds to the country as a result of lack of transparency over an undisclosed debt of $1.4 billion, it will continue to bankroll development initiatives with special impact on civil society.

Sven Khun von Burgsdorff, EU ambassador in Mozambique
Sven Khun von Burgsdorff, EU ambassador in Mozambique

Khun said the EU has $22 billion available for such development projects and with direct support to civil society organisations and other projects, it wants to boost the lives of Mozambicans.

He noted, however, that the EU would maintain its suspension of funds to the Mozambican state budget.

“We must differentiate the treatment of funds for the country’s general state budget and funds for projects to provide services to the Mozambican people”, the EU official said after presenting a 2015-2024 portfolio of projects for Maputo Province.

The Maputo provincial director of Economy and Finance, Ludovina Bernardo said the portfolio is based on the promotion of local economic development in areas such as agriculture and infrastructure.

“Our strategic plan was aligned with the government’s five-year programme and the European Union is funding rural development projects also in the provinces of Nampula and Zambezia, but it has also other financial assistance components such as technical support and capacity building Bernardo added.

She noted that cooperation between Mozambique and the European Union dates back 30 years during which the EU had invested about $3 billion in the country.

Source: StarAfrica

Related

Tags: aidcooperationDonorsEUEU ambassadorEuropean UnionMaputoMozambiqueSven Khunモザンビーク莫桑比克
ScanSendShare436Tweet273Share76Pin98Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Africa Data Centres investing US$500M for the development of 10 data centers across Africa
Tech

Raxio to launch data center in Angola early 2024

by Energy Capital & Power
January 30, 2023
Agriculture

IFAD and AfDB on a mission to boost agricultural productivity in Africa

by Farmers Review Africa
January 30, 2023
Energy

South Africa’s Virginia gas project produces first Helium

by Energy Capital & Power
January 30, 2023
Tech

Harnessing 4IR to propel Africa’s economy to address unemployment

by The Exchange
January 30, 2023
Russia’s VTB says in talks to prolong Angola’s $1.5 billion loan to 10 years
Trade

First fertilizer shipment from Russian for Africa arrives in Mozambique

by Club of Mozambique
January 30, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Africa Data Centres investing US$500M for the development of 10 data centers across Africa
Tech

Raxio to launch data center in Angola early 2024

by Energy Capital & Power
January 30, 2023
0

Pan-African data center developer and operator, Raxio Group, has announced plans to develop the first carrier-neutral Tier III data center...

Read more

IFAD and AfDB on a mission to boost agricultural productivity in Africa

January 30, 2023

South Africa’s Virginia gas project produces first Helium

January 30, 2023

Harnessing 4IR to propel Africa’s economy to address unemployment

January 30, 2023
Russia’s VTB says in talks to prolong Angola’s $1.5 billion loan to 10 years

First fertilizer shipment from Russian for Africa arrives in Mozambique

January 30, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 99,623 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
 

Loading Comments...