Mozambique: Central bank removes resident inspector from Standard Bank
Mozambique: World Bank grants US$306 million for access roads in Beira
8:44 CAT | 26 Sep 2023
FILE - For illustration purposes only. [File photo: Conselho Municipal da Beira - CMB]
The World Bank is granting US$306 million (€287 million) to support the construction and rehabilitation of access roads in the central Mozambique city of Beira, which has been heavily hit by climate disasters, the municipality announced on Thursday.
The amount comes from the ‘Competitive Fund’ – support made available by the World Bank to local authorities through an agreement that obliges them to complete the work within a certain timeframe, on penalty of the entity requesting a refund of the amounts.
“In the case of Manga [among the most iconic neighbourhoods in the city], a tender has already been launched and we are already in consultations on starting work on some roads,” mayor of Beira Albano Carige told the press.
Beira, one of Mozambique’s main cities, was among those worst affected in March 2019 by Cyclone Idai, which killed more than 600 people and affected more than 1.5 million. Around 90% of the Sofala provincial capital was destroyed.
A few months later, in April of the same year, Mozambique was affected by another cyclone [Kenneth], which killed 45 people in the north of the country.
The 2018-2019 rainy season was one of the most severe in memory in Mozambique: 714 people died, including 648 victims of the two cyclones.
Source: Lusa
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