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Mozambique Agri
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    • Livestock
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambican Cotton Czar Reaffirms Global Clout

    Mozambican Cotton Czar Reaffirms Global Clout

  • International
    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    India and Japan Forge Closer Ties with Billions in Development Loans

    India and Japan Forge Closer Ties with Billions in Development Loans

    Arrigoni Earns Gender Equality Certification

    Arrigoni Earns Gender Equality Certification

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    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

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambican Cotton Czar Reaffirms Global Clout

    Mozambican Cotton Czar Reaffirms Global Clout

  • International
    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    India and Japan Forge Closer Ties with Billions in Development Loans

    India and Japan Forge Closer Ties with Billions in Development Loans

    Arrigoni Earns Gender Equality Certification

    Arrigoni Earns Gender Equality Certification

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    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

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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Home Business

IMF loan Mozambique US$300M to fight COVID-19

Ian by Ian
May 12, 2020
in Business, Editor picks, Equipment, News
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IMF loan Mozambique US$300M to fight COVID-19
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With services such as transport, agriculture, industry and communications experiencing disturbances due to COVID-19, the International Monetary Fund (IMF) has provided Mozambique with a loan of US$309 million, under the Rapid Credit Facility.

The loan is to help the country overcome the urgent needs of the balance of payments and tax resulting from the Covid-19 pandemic, the IMF said.

The deputy executive director of the IMF, Tao Zhang, said there are fears that Mozambique will be significantly affected by this pandemic, a reality that will impact on the country’s recovery after two devastating tropical cyclones.

The emergency financial support from the IMF as part of the Rapid Credit Facility, along with additional funding from donations, will help to catalyse and contribute to meeting the urgent needs of the country’s balance of payments generated by the pandemic.

The authorities’ immediate priority, according to Tao Zhang, is to limit the impact of the pandemic and preserve macroeconomic and financial stability, by increasing expenditure on health and measures to protect the most vulnerable in society and support micro, small and medium-sized enterprises.

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Recent News

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South Korea Boosts Food Aid to Mozambique with $7.6 Million

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Mozambique Agri

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