Mozambique will require that companies register their owners, to combat money laundering
in file CoM
The European Union (EU) delegation in Maputo says it is committed to improving the efficiency of development cooperation in Mozambique.
The EU, which in Mozambique comprises of 12 member states (Germany, Austria, Belgium, Spain, Finland, France, Italy, Ireland, the Netherlands, Portugal, the United Kingdom and Sweden) is the largest cooperation partner for the development of the so-called “Pérola do Índico” and it intends to strengthen this status.
The idea, according to a note from the EU delegation in Maputo, is to “improve the efficiency of cooperation” by aligning its strategies and development programmes with Government priorities in order to achieve the objectives of the 2030 Agenda and Sustainable Development Goals.
Between 2007 and 2016, the EU provided around 6.28 billion euros to Mozambique, representing approximately 55 per cent of the international aid that entered the country.
Recently, the EU has disbursed close to one million euros for a project that promotes the participation of artisanal mining communities in the development of the territory in the province of Cabo Delgado.
The amount will be spent on actions to defend environmental rights, strengthening mining associations, improving working conditions and creating new employment opportunities in the cultural sector. This aid is expected to last until October, 2020.
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