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Washington: The World Bank today approved $380 million in financing from the International Development Association (IDA)* to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chain
Date Time Share Southern Africa Taps $380 Million in World Bank Financing to Facilitate Regional Trade and Investment for more Inclusive Growth WASHINGTON, April 27, 2021 – The World Bank today approved $380 million in financing from the International Development Association (IDA)* to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure. The new Southern Africa Trade and Connectivity Project (SATCP) will benefit both countries and local communities through investments that will f...
The World Bank approved $380 million in financing from the International Development Association (IDA) to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure. The new Southern Africa Trade and Connectivity Project (SATCP) will benefit both countries and local communities through investments that will facilitate trade, strengthen regional coordiation, and increase diversified economic opportunities along the Nacala and Beira corridors, connecting Mozambique to Malawi, and along the ...