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Islamic Development Bank to finance projects in Mozambique

Posted on 28 October 2011

The Islamic Development Bank (IsDB) is to grant US$68.3 million to finance projects in Mozambique during the 2011-2013 triennium, Planning and Development Minister Aiuba Cuereneia announced in Maputo.
Cited by Mozambique’s AIM news agency, Cuereneia said the amount would be applied to projects involving aquaculture and artisanal fishing, water supplies for rural areas and health and energy infrastructures. He added that the institution is currently financing projects in the education, energy, roads, agriculture and fisheries sectors worth an estimated US$80 million………………………………………..Full Article: Source

 
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