Africa-Press – Mozambique. The Zambezi Valley Development Agency has around 700 million meticais available to support small and medium-sized companies, within the scope of the second tranche of Catalytic Fund disbursements in the country.
The initiative is financed by the World Bank, and aims to connect small producers and small and medium-sized companies (SMEs) to agricultural value chains by strengthening their knowledge and creating market opportunities.
READ: https://clubofmozambique.com/news/zambezi-valley-agency-funds-projects-in-central-mozambique-noticias-report-201506/
The Secretary of State for Manica province, Edson Macuácua, on Thursday encouraged companies in the province to apply for funding, helping them integrate into the regional market and contribute to the development of the province.
The acting coordinator of the Catalytic Fund, Gerson Nunes, said that the initiative aimed to improve the ability of national companies to access global markets.
Representing the Business Council of Manica at the event, Célia Ribeiro said that the Catalytic Fund presented an opportunity to leverage companies.
Mozambique’s Innovation and Demonstration Catalytic Fund covers the Zambezi Valley region, the Beira corridor, the Nacala corridor and the Maputo corridor on the Ponta do Ouro route.
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