Mozambique: African Development Bank Vice-President Quaynor meets with government at outset of new country strategy
7 September 2022
African Development Bank (www.AfDB.org) Vice-President for Private Sector, Infrastructure and Industrialization, Mr. Solomon Quaynor, officially visited Mozambique last week. He met with Mozambican government representatives and members of the private sector. Discussions covered the bank’s country strategy for Mozambique, recent reforms the government has undertaken, and the country’s strategic energy and transport sectors in particular.
The African Development Bank’s country manager for Mozambique, Cesar Mba Abogo, joined Quaynor for meetings with Economy and Finance Minister Ernesto Max Elias Tonela, who is the African Development Bank governor for Mozambique. Other officials Quaynor met were Minister of Transport and Communications Mateus Magala, and Minister of Industry and Commerce Silvino Augusto Moreno. Magala was, until recently, the African Development Bank’s vice president for human resources and corporate services..
Tonela commended the African Development Bank’s development support for Mozambique’s, and for helping to build its human capacity. He said the government had launched a reform program to support businesses, with a focus on small and medium-sized enterprises.
Quaynor commended the government for pushing through reforms that are expected to accelerate economic recovery from the impacts of the Covid-19 pandemic and tropical cyclones Idai and Kenneth. He said the government’s reforms align with the bank’s new country strategy, covering the 2022-2027 period, and its initiatives to strengthen the private sector.
The bank’s new country strategy prioritizes economic private sector investment and structural transformation of agricultural value-chains.
Under the previous country strategy, which covered the period 2017-2022, Mozambique launched or completed several key projects. They included the Nacala corridor (https://bit.ly/3B6hF1C), Temane transmission lines (https://bit.ly/3TzMIdp), the Pemba-Lichinga special agro-processing zone (https://bit.ly/3B2p3eE), and the Drought Recovery and Agriculture Resilience initiative (https://bit.ly/3Q5YEkj).
Source: theparadise