Mozambique and the World Bank have signed a partnership agreement under which the bank will allocate $10 billion for the development of public and private projects in 2026–2031. This was reported by the Mozambique Information Agency (AIM), citing the country's Minister of Finance, Carla Louveira.
According to the agency, $6 billion will be designated for the development of public projects, and $4 billion for private sector support.
Louveira stated that the agreement also includes $921 million in support to strengthen stability and stimulate economic growth in Mozambique. Additional measures include $450 million for developing disaster resilience, as well as $20 million for developing emergency response measures in healthcare and infrastructure.
The Director of the World Bank unit, Fily Sissoko, in turn, emphasized the importance of prompt implementation of the plans.
"At the sectoral level, it is crucial to ensure compliance with World Bank procedures so that the implementation of all activities envisaged under the 2026-2031 partnership is efficient and swift," he noted.
At the end of 2025, the World Bank invested $200 million in electrifying rural areas of Zambia. The program was named ASCENT Zambia. It is expected that electricity will be provided to 100,000 households, predominantly located in the country's rural areas.
