Home East Africa Mozambique: United States Agency Offers $1.5bn

Mozambique: United States Agency Offers $1.5bn

United State Agency

The United States Agency for International Development (USAID), the government’s principal development agency, pledged to Mozambique $1.5 billion in development aid.

USAID stated the grant would be used to foster a more peaceful, prosperous, and healthier Mozambique at a signing ceremony for the Development Objective Grant Agreement.

The United States Agency for International Development’s Country Development Cooperation Strategy for 2020-2025 serves as a road map for actions carried out under the five-year agreement.

The strategy, which was developed in collaboration with key stakeholders such as the Mozambican government and other international donors and development organizations, focuses on three primary goals: healthier and better-educated Mozambicans, diversified and inclusive economic growth, and increased resilience of vulnerable populations.

The United States Agency for International Development’s (USAID) five-year strategy builds on 38-year cooperation by increasing support for northern and central Mozambique in the face of natural disasters, violent extremism, and food shortages.

Programming will help Mozambique build more transparent and responsible public finance management in order to promote a business environment that allows for diversified and equitable growth.

“Today, we formally renew our development cooperation with Mozambique and once again commit to stand with Mozambicans to find innovative answers to current development issues and capitalize on this country’s potential,” said Chargé d’Affaires Dressel at the signing.

USAID collaborates with the US Department of State, the US Centers for Disease Control and Prevention, the US Department of Defense, and the US Peace Corps to offer wide development assistance in Mozambique as part of the US Mission to Mozambique.

The United States contributes more than $500 million in annual aid in close coordination with the Government of the Republic of Mozambique to improve the quality of education and healthcare, promote economic prosperity, and support the country’s overall development.

Through partnerships and investments that save lives, alleviate poverty, enhance democratic governance, and help people recover from humanitarian catastrophes, USAID leads the US government’s overseas development and disaster aid efforts.

Mozambique has a population of almost 30 million people and is rich in natural resources, yet one of the world’s poorest and least developed countries. It is one of 16 countries that make up the Southern African Development Community (SADC), which was founded in 1980.