Thursday, October 22, 2026
FurtherArabiaFurtherAsiaFurtherBrazil
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
  • EN
  • PT
  • AR
  • IT
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
  • EN
  • PT
  • AR
  • IT
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Development

AfDB’s Cunha Corrêa Presents Credentials

New country manager signals continuity in partnership

Eric Gacuruzwa by Eric Gacuruzwa
February 18, 2026
in Africa, Banking, Climate, Development, Economy, Energy, Energy Transition, FA, Finance, Infrastructure, Mozambique, Policy
Reading Time: 2 mins read
1.6k 118
0
AfDB’s new Mozambique Country Manager Rômulo Cunha Corrêa presents credentials to Foreign Affairs Minister Maria Manuela dos Santos Lucas. (Photo: AfDB)

AfDB’s new Mozambique Country Manager Rômulo Cunha Corrêa presents credentials to Foreign Affairs Minister Maria Manuela dos Santos Lucas. (Photo: AfDB)

Share via QR codeWhatsappShare on Facebook
Share on X
LinkedInPinteresteMail
AfDB Mozambique Country Manager Rómulo Cunha Corrêa has formally presented his credentials, reinforcing the African Development Bank’s long-term engagement in the country.

 

The African Development Bank’s newly appointed Mozambique Country Manager, Rómulo Cunha Corrêa, has presented his credentials to the Government of Mozambique, marking the formal start of his mandate. The ceremony underscores the Bank’s continued institutional presence at a time when Mozambique is navigating fiscal consolidation and development financing needs.

During the presentation, Cunha Corrêa reaffirmed the AfDB’s commitment to supporting Mozambique’s economic transformation agenda. He emphasised the importance of strengthening cooperation across infrastructure, energy, agriculture and private sector development, sectors that remain central to the country’s medium-term growth prospects.

Development priorities and financing alignment

The AfDB has been a longstanding partner to Mozambique across transport corridors, power generation and governance reform. In recent years, the Bank has aligned its operations with national priorities set out by the Ministry of Finance, focusing on fiscal stability, project execution capacity and inclusive growth.

In addition, collaboration with other multilateral institutions remains central. The World Bank and the International Monetary Fund continue to support macroeconomic stabilisation and structural reforms. The AfDB’s country programme therefore operates within a coordinated financing framework.

Energy, climate and infrastructure focus

Mozambique’s development trajectory is closely linked to energy expansion and climate resilience. The AfDB has supported renewable energy initiatives and regional interconnection projects designed to strengthen supply reliability. These investments complement large-scale private sector developments in the gas sector, while also advancing green growth objectives.

Climate adaptation financing is expected to remain a priority. Mozambique’s exposure to extreme weather events requires sustained investment in resilient infrastructure and disaster preparedness systems.

Regional and global positioning

Mozambique’s strategic location along the Indian Ocean corridor also shapes development priorities. As Asia deepens trade engagement with Eastern and Southern Africa, transport connectivity and port efficiency become increasingly important. Moreover, capital flows from the Gulf region continue to show interest in energy and logistics infrastructure.

Cunha Corrêa’s appointment therefore comes at a moment of both opportunity and complexity. The AfDB Mozambique Country Manager will play a key role in coordinating development finance, ensuring project execution discipline and aligning Bank support with national reform efforts. Institutional continuity and policy coherence are likely to define the next phase of the partnership.

Related

Tags: afdb mozambique country managerAfrica-Asia Tradeafrican development bankclimate adaptation finance mozambiqueclimate resilience Mozambiquedevelopment pipeline mozambiquedevelopment strategy mozambiqueEconomic transformation Mozambiqueenergy projects mozambiquefiscal consolidation mozambiquegovernance reform Mozambiquegulf region investmentindian ocean corridorinfrastructure financing mozambiqueinternational monetary fund mozambiquemacroeconomic stability mozambiqueMozambique development financemultilateral cooperation mozambiquemultilateral lenders africapolicy alignment mozambiqueport infrastructure mozambiqueprivate sector development mozambiquepublic sector reform mozambiqueregional integration mozambiquerenewable energy Mozambiquerómulo cunha corrêaSouthern Africa economysovereign financing mozambiquetransport corridors mozambiqueworld bank mozambique
ScanSendShare676
Tweet423
Share118Pin152Send
Eric Gacuruzwa

Eric Gacuruzwa

Originally from Rubavu, I’m now based in London after completing my studies at the University of Westminster. I’m keen to share insights on Rwanda’s economic development and its growth potential.

Related Posts

Inhambane Governos, Francisco Pagula and Italian Ambassador Gabriele Annis
Investment

Inhambane investment opportunities attract Italian interest

by FurtherAfrica
October 22, 2026
Mining & Resources

Mozambique mineral processing deals reach US$4.2B

by FurtherAfrica
October 22, 2026
Trade & Logistics

Africa has signed the export deals. Now it must build the capacity to use them

by FurtherAfrica
October 21, 2026
IFC investments in Portuguese-speaking Africa doubles in decade
Development Finance

IFC eyes US$7.5M loan to Cauris African fintech fund

by FurtherAfrica
October 21, 2026
Energy & Power

FMO backs Côte d’Ivoire solar with US$62M

by FurtherAfrica
October 21, 2026
FurtherAsia

Read the Latest

Inhambane Governos, Francisco Pagula and Italian Ambassador Gabriele Annis
Investment

Inhambane investment opportunities attract Italian interest

by FurtherAfrica
October 22, 2026
0

Inhambane investment opportunities in tourism draw Italian attention ahead of a US$500M summit pipeline in November 2026.

Read moreDetails

Mozambique mineral processing deals reach US$4.2B

October 22, 2026

Africa has signed the export deals. Now it must build the capacity to use them

October 21, 2026
IFC investments in Portuguese-speaking Africa doubles in decade

IFC eyes US$7.5M loan to Cauris African fintech fund

October 21, 2026

FMO backs Côte d’Ivoire solar with US$62M

October 21, 2026

FurtherAfrica Partners Network

The ExchangeFarmers Review Africa360 Mozambique
TechGist AfricaEnergy Capital & PowerClub of Mozambique
Taarifa RwandaWeb3AfricaSee Africa Today
Africa Global FundsNovafricaCrudeMix Africa
Harambee AfricaBotswana unpluggedFinancial Insights Zambia
O EconómicoDigilogic Africa 
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
  • EN
  • PT
  • AR
  • IT

Follow Us

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
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
  • EN
  • PT
  • AR
  • IT

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.