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Mozambique Agri
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    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

  • Africa
    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

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    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

  • Company
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    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

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    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

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    World Bank, UN launch programme to help Mozambique improve forestry management

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    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

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    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

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    Agricultural machinery: High demand on the world market

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    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

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    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

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    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

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    AWARD targets to improve African smallholders’ livelihoods

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    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

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    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

  • Africa
    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

  • Company
    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    World Bank, UN launch programme to help Mozambique improve forestry management

    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Sporadic rains worry Zambezi farmers

    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Space 2023 promise to offer high-quality content

    Space 2023 promise to offer high-quality content

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

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    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Macfrut 2023,Turkey to participate in International Blueberry Days

    Macfrut 2023,Turkey to participate in International Blueberry Days

    First Special Agriculture Industrial Zone launched in Mozambique

    EIMA 2022: Unlocking the growth potential of Africa’s Agribusiness

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

  • Equipment
    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

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African Development Bank adopts new Country Strategy Paper covering 2023-2028

Ian by Ian
July 3, 2023
in Africa, Editor picks, News
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The Board of Directors of the African Development Bank Group endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique on 13 June 2023. The new strategy aims to promote the country’s structural transformation by improving fiscal stability, creating decent jobs and generating inclusive growth.

The strategy has two priority areas: fostering improved economic governance and the business environment to facilitate private sector investment and mobilize resources and transforming agricultural value chains by strengthening infrastructure sustainably.

This strategy is the culmination of efforts by the government, development partners, civil society, the private sector and technical experts on the country’s most critical economic reforms to implement in the coming years.

The African Development Bank is working to support the Mozambican Government in consolidating the results of previous and ongoing reforms in economic governance and the business environment. The government is also adopting new regulations and bolstering various administrative processes to improve the country’s fiscal position and stimulate private sector inflows.

“The African Development Bank has been a critical partner in financing the development of our economy. With this new strategy, the Government of Mozambique reaffirms its commitment to work towards strengthening our cooperation considering the objectives we jointly defined for Mozambique,” said Minister of Economy and Finance Max Tonela.

Cesar Augusto Mba Abogo, African Development Bank Country Manager, said, “The approved strategy effectively addresses the challenges and opportunities for fostering inclusive and sustainable economic growth in Mozambique. The extensive consultations conducted with stakeholders, including the private sector, development partners, and civil society, have been commendable. Furthermore, the remarkable co-leadership exhibited by the Government of Mozambique throughout the process has been instrumental in shaping the strategy.”

Implementation of the strategy is expected to lead to (i) greater private sector involvement to boost international trade; (ii) improved investment flows, and (iii) job creation—especially for women and young people. This is expected to have a knock-on effect of raising foreign direct investment to 30% of GDP from 22.7%.

With support from the Bank, Mozambique will stimulate the green economy and transform agriculture to increase the number of competitive industries capable of creating jobs and reducing poverty and inequality. The Bank’s engagement will also help improve livelihoods through investments in the agricultural sector based on a holistic, cross-sectoral approach and the development and modernization of Mozambique’s energy system.

The 2023-2028 Country Strategy Paper for Mozambique envisages the establishment of a productive special agro-industrial processing zone by 2028 through the creation of 50 new companies and 200 new cooperatives or groups of external producers. It also projects that new investments will total $100 million. Mozambique’s electricity exports to southern Africa are expected to equal over five gigawatt-hours.

As of 28 February 2023, the African Development Bank Group’s active portfolio in Mozambique comprised 38 operations with a total commitment of $1.21 billion.

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