{"id":37351,"date":"2023-04-22T11:10:21","date_gmt":"2023-04-22T11:10:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming"},"modified":"2023-04-22T11:20:59","modified_gmt":"2023-04-22T11:20:59","slug":"us-financing-for-infrastructure-or-farming","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming","title":{"rendered":"US financing for infrastructure or farming"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique\u2019s government has chosen the infrastructure, climate change and agriculture sectors as a priority for funding secured by the US external support agency Millennium Challenge Corporation (MCC).<\/p>\n

At stake is an amount of US$500 million (\u20ac459 million) promised in January by MCC to Mozambican authorities.<\/p>\n

Speaking in Washington, Mozambique\u2019s Economy and Finance Minister, Max Tonela, noted the promotion of investment in commercial agriculture, connectivity and rural transport and climate change and coastal development.<\/p>\n

\u201cThe important and strategic investments to be made in Mozambique under Compact II will certainly be reflected in the agenda of growth, economic and social development and combating poverty, objectives on which Mozambique and the United States of America are in tune,\u201d Tonela said, according to a statement released on Friday.<\/p>\n

The support to building resilience, facing the impact of climate change, is an area with a greater need for intervention, Tonela said.<\/p>\n

Max Tonela said that \u201cthe growing trend towards a more cyclical occurrence of natural phenomena, more destructive and severe\u201d, requires urgent funding actions.<\/p>\n

Mozambique\u2019s minister of economy and finance pointed out Zambe\u0301zia province, in the centre of the country, as the main recipient of projects that will be developed under the MCC funding.<\/p>\n

Kennet Miler, MCC director in Mozambique, said that the process of final approval of the funds provided by the MCC is underway.<\/p>\n

\u201cEverything is going very well [for final approval of the funds], we have a US$500 million package that is under discussion and we are in the final stages of approval,\u201d Miler said.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique\u2019s government has chosen the infrastructure, climate change and agriculture sectors as a priority for funding secured by the US external support agency Millennium Challenge Corporation (MCC). At stake is an amount of US$500 million (\u20ac459 million) promised in January by MCC to Mozambican authorities. Speaking in Washington, Mozambique\u2019s Economy and Finance […]<\/p>\n","protected":false},"author":84,"featured_media":37350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-37351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nUS financing for infrastructure or farming - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s government has chosen the infrastructure, climate change and agriculture sectors as a priority for funding ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US financing for infrastructure or farming\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s government has chosen the infrastructure, climate change and agriculture sectors as a priority for funding ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-22T11:10:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-22T11:20:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682145680.38.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"824\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"US financing for infrastructure or farming\",\"datePublished\":\"2023-04-22T11:10:21+00:00\",\"dateModified\":\"2023-04-22T11:20:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1682145680.38.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/us-financing-for-infrastructure-or-farming\",\"name\":\"US financing for infrastructure or farming - 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