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The European Union (EU) through its European Development Fund is to disburse an estimated US $41 million to be used for the financing of various development project in Mozambique, the Mozambican News Agency said Thursday.
The foreign ministry was quoted as saying that the funding falls under the country’s National Indicative Programme with the EU. It said that the projects completed under the programme are the Institutional Capacity Building Project for the Management of Water Resources and Supply in the Zambezi Valley, a project for the development of the country’s private sector and rural development projects in the provinces of Zambezia, Cabo Delgado and Inhambane.
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