Mozambique road development receives funding

Financing worth US$150 million is being provided by the World Bank, which will be used to help pay for road development work in Mozambique. The funding will be aimed at upgrades to roads in Mozambique’s Nampula Province and Zambezia Province. One of the key upgrades will be to a 70km section of the road connecting Namacurra with Quelimane. The aim of the work is to improve transport for the agricultural sector in the respective provinces.
May 15, 2018 Read time: 1 min

Financing worth US$150 million is being provided by the World Bank, which will be used to help pay for road development work in Mozambique. The funding will be aimed at upgrades to roads in Mozambique’s Nampula Province and Zambezia Province. One of the key upgrades will be to a 70km section of the road connecting Namacurra with Quelimane. The aim of the work is to improve transport for the agricultural sector in the respective provinces.

Finance & Funding

Related Content

  • Burkina Faso targeting road upgrades
    June 28, 2019
    Burkina Faso is planning a major road upgrade programme. The Burkina Faso Government has set a budget of US$309 million to improve several key road sections. A portion of the funding being supplied by Japan. Funding is also being supplied by the West African Development Bank and through the Burkina Special Road Fund (FSR-B). The country’s capital, Ouagadougou, will be amongst the cities to benefit from new and improved roads. Ouagadougou’s Tansoba Boulevard south-eastern ring road will benefit from a $45 m
    Read More
  • Mozambique road upgrade
    April 24, 2012
    Mozambique’s road network is to receive international funding for various projects. The 304km road connecting Cuamba and Lichinga in Niassa province will be improved under the plan.
    Read More
  • Funding secured for Philippines road projects
    February 15, 2019
    A loan package has been sourced for the Cebu Cordova Link Expressway project in the Philippines.
    Read More
  • Argentina road funding for major projects
    May 31, 2019
    Argentina is looking to source a series of loans to pay for six important road projects. The Inter-American Development Bank (IADB) is in discussions with officials in the country over the loans package, worth a total of US$200 million. The funding would be used for six PPP road projects. Other financing worth $900 million is also being secured for the six road projects, with some of the construction work already underway.
    Read More

Highlighted Content