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Mozambique Gains OPEC Infrastructure Funding

Mozambique Gains OPEC Infrastructure Funding

From Macauhub

The International Development Fund of the Organisation of Petroleum Exporting Countries (OPEC) has approved funding of US$209.2 million to carry out a variety of projects in Mozambique, according to the Mozambican press.

The approved funding will be channelled into development projects in Mozambique in the agricultural, energy, transport and communications, education, health and industrial sectors.

Of that amount, US$34.6 million will be used to rebuild roads to link several points in Mozambique to some of the member countries of the Southern Africa Development Community (SADC).

Read more at Macauhub