1. Home
  2. Southern Africa
  3. Mozambique

Mozambique short of funds for strategic rail link

The authorities in Mozambique have said investors were reluctant to commit an estimated US $400 million needed to repair and rebuild the war-damaged strategic railway line linking the port city of Beira with neighbouring Malawi. African Eye News Service on Tuesday quoted officials as saying talks were underway with local investors as well as the authorities in China, South Africa and Spain to seek funding for the line which used to carry over 1.5 million mt of cargo annually up to 1980 before it was put out of action during the civil war. Maize at risk in northern Mozambique Over 10,000 mt of maize in the northern Mozambique province of Niassa was in danger of rotting because the state marketing board lacks funds to purchase output from local farmers, PANA news agency reported on Monday. It quoted Maputo's Sunday newspaper, 'Domingo', as saying the local marketing board had been instructed not to make further maize purchases in the area because it lacked funding and because it had so far been unable to find buyers abroad.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Get the day’s top headlines in your inbox every morning

Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

It’s the perfect way to start your day.

Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join