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Mozambique on a drive to raise post-cyclones reconstruction funds
MAPUTO, May 31, 2019 (BSS/AFP) – Mozambique on Friday launched a two-day
conference aimed at raising $3.2 billion (2.87 billion euros) to rebuild
infrastructure ravaged by two cyclones.
The UN-backed meeting, taking place in the devastated port city of Beira,
is expected to draw about 700 experts from international organisations, the
private sector and civil society.
The storms smashed into Mozambique in March and April 2019, hitting the
centre and north of the country just six weeks apart.
More than two million people were affected and about 650 died.
Cabinet spokeswoman Ana Comoana told AFP the $3.2 billion target was
determined by a technical study conducted by the UN Development Programme
(UNDP), European Union, World Bank and African Development Bank.
The funds will be earmarked to rebuild infrastructure and support social
needs and economic production in affected areas.
BSS/AFP/SSS/1543 hrs