Mitsui willing to boost investment in Mozambique
Photo: @UNDPMozambique
International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique, according to the United Nations, less than half the amount the government says is needed.
The announcement was made by the country’s President Filipe Nyusi at the end of a two-day International Conference of Donors that drew around 700 participants from international organisations, donors, the private sector and civil society to the city of Beira, one of the areas worst hit by the cyclones.
In his address, Nyusi said “thank you very much for saving Mozambican lives,” an article on the U.N. website dated June 1 read.
ALSO READ: Nyusi calls for speed in disbursing reconstruction funds
Cyclone Kenneth crashed into the province of Cabo Delgado and flattened entire villages with winds of up to 280 kph (174 mph), killing around 45 people while Mozambique was still struggling to deal with the impact of Cyclone Idai, which hammered the country’s central region just six weeks earlier.
More than 1,000 people were killed across Mozambique, Zimbabwe and Malawi when Cyclone Idai, the worst cyclone in decades, lashed its eastern Indian Ocean coast with heavy winds and rains in mid-March.
Mozambique needs $3.2 billion for post-cyclone reconstruction in the provinces of Sofala, Manica, Tete, Zambézia, Inhambane Nampula and Cabo Delgado.
U.N. Secretary-General António Guterres, called for a “generous response” from the international community and said “this is the time to translate into concrete gestures the solidarity with a country that has suffered one of the worst environmental disasters ever experienced in Africa,” the U.N. said.
The international pledging conference #UnitedForMozambique concluded with partners committing financial and technical resources to support recovery and reconstruction. #Mozambique President thanked the International Community for their support. .@UNDP is among supporting partners pic.twitter.com/c5ZAU3U0Si
— UNDP in Mozambique (@UNDPMozambique) June 2, 2019
.@EU_Commission will mobilise 100M€ to support #Mozambique in its efforts to recover, rebuild infrastructure and strengthen resilience. Also pleased that the @EIB will provide 100M€ in concessional loans. #UnitedForMozambique #BuildBackBetter #AUEU pic.twitter.com/IXYli7Qd3L
— Neven Mimica (@MimicaEU) June 1, 2019
#Mozambique International Pledging Conference #unitedformozambique opened this morning in #Beira city to mobilize resources for recovery and reconstruction. City Mayor thanked partners for support, hailing .@UNDP for demonstrated commitment including opening a Beira field office pic.twitter.com/hYAgo8PywP
— UNDP in Mozambique (@UNDPMozambique) May 31, 2019
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