{"id":88624,"date":"2025-08-17T16:59:46","date_gmt":"2025-08-17T16:59:46","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015"},"modified":"2025-08-17T17:27:50","modified_gmt":"2025-08-17T17:27:50","slug":"afdb-provides-1-6b-financing-to-mozambique-since-2015","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015","title":{"rendered":"AfDB Provides $1.6B Financing to Mozambique Since 2015"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The African Development Bank (AfDB) has provided US$1.6 billion in financing to Mozambique since 2015, the financial institution\u2019s president Akinwumi Adesina said yesterday in Maputo.<\/p>\n

\u201cFrom 2015 to 2025, we have already provided US$1.6 billion to Mozambique. This represents 41% of the AfDB\u2019s financing for Mozambique over the last 45 years, 45% of which has been provided in the last ten years,\u201d the AfDB president said.<\/p>\n

Akinwumi Adesina was speaking in Maputo during the general assembly of Africa50, a continental mechanism that finances infrastructure construction, held under the motto: \u201cMozambique and Africa50: Uniting Infrastructure, Connecting Continents, and Transforming Lives.\u201d<\/p>\n

Adesina noted that AfDB has financed projects in the extractive industry, the expansion of the electricity grid and support for agriculture and transportation projects, especially in the centre and north of the country.<\/p>\n

Africa50\u2019s executive director, Alain Ebobisse\u0301, said on the occasion that Africa50 was eager to work with Mozambique in the gas sector, highlighting that the solution to the continent\u2019s infrastructure problems lies in the hands of its countries themselves.<\/p>\n

\u201cThe truth is that the solutions to Africa\u2019s infrastructure deficit are already before us,\u201d Ebobisse\u0301 said. \u201cAfrica can and must lead efforts to close the infrastructure gap on our continent, working with our non-African partners. We have the strategy, we have the capital, we have African institutions like Africa50 with proven implementation models. Our mission now is to expand and accelerate, because Africa\u2019s infrastructure needs are urgent.\u201d<\/p>\n

\u201cWe believe that natural gas is an essential resource for Africa in the energy transition, while also driving industrialization and cleaner growth. We are strong advocates of a balanced energy mix, which proudly includes natural gas,\u201d he added.<\/p>\n

On the African continent, Africa50 has in recent years advanced investments that have ensured electricity supply to more than 40 million people, according to information released today by the organization\u2019s executive director.<\/p>\n

Africa50 was created by African governments and the African Development Bank to address the infrastructure financing gap in Africa by facilitating project development, mobilizing financing and investing in infrastructure. It currently has 37 shareholders, including Mozambique, which joined last year.<\/p>\n

At the opening of the Africa50 general assembly, agreements were signed under which the group will finance the construction of three electricity transmission lines in Mozambique and the construction of a data centre in the Mozambican capital.<\/p>\n

The chairman of the board of directors of Eletricidade de Moc\u0327ambique (EDM), Joaquim Henriques Ou-chim, explained that the agreements will guarantee the construction of a line from the Metoro district in Cabo Delgado province to the Marrupa district in Niassa province, with a capacity of 220 kilovolts (kV).<\/p>\n

The second line will run from Chumuarra, in Zambe\u0301zia province, to Inhaminga district, in Sofala province, with a capacity of 400 kV. A third 220 kV line will connect Metoro in Cabo Delgado with Namialo district in Nampula.<\/p>\n

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

Africa-Press – Mozambique. The African Development Bank (AfDB) has provided US$1.6 billion in financing to Mozambique since 2015, the financial institution\u2019s president Akinwumi Adesina said yesterday in Maputo. \u201cFrom 2015 to 2025, we have already provided US$1.6 billion to Mozambique. This represents 41% of the AfDB\u2019s financing for Mozambique over the last 45 years, 45% […]<\/p>\n","protected":false},"author":84,"featured_media":88623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[283],"class_list":["post-88624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-mozambique"],"yoast_head":"\nAfDB Provides $1.6B Financing to Mozambique Since 2015 - Mozambique<\/title>\n<meta name=\"description\" content=\"The African Development Bank (AfDB) has provided US$1.6 billion in financing to Mozambique since 2015, the financial ins ...\" \/>\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\/afdb-provides-1-6b-financing-to-mozambique-since-2015\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB Provides $1.6B Financing to Mozambique Since 2015\" \/>\n<meta property=\"og:description\" content=\"The African Development Bank (AfDB) has provided US$1.6 billion in financing to Mozambique since 2015, the financial ins ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015\" \/>\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=\"2025-08-17T16:59:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-17T17:27:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2025\/08\/sm_1755435194.90141.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1151\" \/>\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=\"3 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\/afdb-provides-1-6b-financing-to-mozambique-since-2015#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AfDB Provides $1.6B Financing to Mozambique Since 2015\",\"datePublished\":\"2025-08-17T16:59:46+00:00\",\"dateModified\":\"2025-08-17T17:27:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015\"},\"wordCount\":487,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2025\/08\/sm_1755435194.90141.jpg\",\"keywords\":[\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/afdb-provides-1-6b-financing-to-mozambique-since-2015\",\"name\":\"AfDB Provides $1.6B Financing to Mozambique Since 2015 - 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