The Government of Mozambique will receive $34 million from the African Development Bank (AfDB) to pursue the construction of the 35 km Nambungali - Roma road. This is part of the second phase of the Mueda - Negomano road project (163.8 km), which aims at improving transport infrastructure between Mozambique and Tanzania.
The related agreement was signed on 24 February between the Mozambican Finance Minister, Adriano Maleiane, and the Bank's local representative, Pietro Toigo.
Once completed, this road project will complement the Unity Bridge and significantly reduce travel time to the ports of Pemba in Mozambique and Mtwara in Tanzania. Let’s note that the pan-African Bank will also provide an additional $2 million for additional works, and technical assistance to two-sector agencies - Administração Nacional de Estradas (ANE) and Fundo de Estradas (FE) - giving them the capacity to improve their operations.
The Government of Mozambique will contribute $536,000, mainly for resettlement and compensation.
Romuald Ngueyap
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Benin launched the “JaimeMaLangue” project to integrate local languages into artificial intelligence systems. The project uses nationwide...
RVB LLC (Wildberries & Russ Group) signed an MoU with Ethiopian Investment Holdings to localize Wildberries’ products and develop investment and...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and full SAF compatibility Configured for 308 pax...
South Sudan has asked CNPC and ONGC Videsh for $2.5 billion in new oil-backed loans despite already owing $2.2 billion. A London court...
The four-day exhibition (Nov. 12–15) in Dubai spotlights Lagos as Nigeria’s flagship tourism and creative hub. Organized by the Nigeria Association...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...