What You Need to Know
Mozambique’s Finance Minister Carla Loveira met with World Bank representatives in Washington to discuss the new Country Partnership Framework (CPF). This strategic plan aims to mobilize $6 billion over five years, focusing on energy, agribusiness, tourism, and workforce development to enhance economic transformation and job creation.
Africa-Press – Mozambique. Finance Minister Carla Loveira met yesterday, 13 April 2026, in Washington DC, with representatives of the World Bank as part of engagement on the new Country Partnership Framework (CPF), a strategic instrument that will guide cooperation between the country and the financial institution over the next five years. The World Bank Group plans to mobilise around US$6 billion over the duration of the CPF.
According to the Finance Minister, the resources will focus on strategic areas with high potential for economic transformation and job creation, namely energy, agribusiness, tourism, workforce skills development, and strengthening macro-fiscal stability, with particular emphasis on the development of economic corridors.
The new CPF results from a broad consultation process involving the government, private sector, civil society and development partners, consolidating a shared vision for the country’s future.
In addition to meetings with the World Bank, the Finance Minister also met with the Executive Director for Southern Africa Constituency, Mozambican Adriano Ubisse, where they discussed macro-fiscal issues in the country.
The relationship between Mozambique and the World Bank has evolved significantly over the years, particularly following the country’s civil war and subsequent economic reforms. The World Bank has played a crucial role in supporting Mozambique’s development through various projects aimed at improving infrastructure, education, and health services, which are vital for the nation’s economic growth and stability. The new Country Partnership Framework reflects a continued commitment to these goals, ensuring that resources are allocated effectively to areas with the highest potential for impact.
