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World Bank Supports MSMEs to Foster Inclusive Growth in Mozambique


Modern Diplomacy
Published 4 hours ago
The World Bank approved today a $100 million grant from the International Development Association (IDA) in support of the Government of Mozambique’s Economic Linkages for Diversification Project, which supports Micro, Small, and Medium Enterprises (MSMEs) develop their capacitities to provide goods and services to larger businesses, as well as serve the growing cities in the center and north of Mozambique, thus fostering linkages and economic diversification.
“Mozambique’s growth has been driven by Foreign Direct Investments (FDI) into capital-intensive industries, which has not translated into adequate levels of job creation,” noted Idah Z. Pswarayi-Riddihough, World Bank Country Director for Mozambique, Madagascar, Comoros, Mauritius, and Seychelles. ....

Cabo Delgado , Eva Clemente Miranda , Francisco Campos , Michelle Gomes Souto , Idahz Pswarayi Riddihough , World Bank Country , International Development Association , World Bank International Development Association , Medium Enterprises Msmes , World Bank , Economic Linkages , Diversification Project , Medium Enterprises , Foreign Direct Investments , World Bank Country Director , Senior Economist , Private Sector Specialist , Gomes Souto , Operations Officer , கோபோ டெல்கடோ , பிரான்சிஸ்கோ காம்போஸ் , உலகம் வங்கி நாடு , சர்வதேச வளர்ச்சி சங்கம் , உலகம் வங்கி சர்வதேச வளர்ச்சி சங்கம் , உலகம் வங்கி , பொருளாதார இணைப்புகள் ,

Hamad Port awarded 'Economic Diversification Project of the Year'


Hamad Port awarded Economic Diversification Project of the Year
DOHA, 18 days
ago
The Business Year has presented an award to recognise Hamad Port as the “Economic Diversification Project of the Year”. 
 
The award was presented at a ceremony attended by Jassim Saif Ahmed Al-Sulaiti, Minister of Transport and Communications of the State of Qatar, Capt. Abdullah Al-Khanji, CEO of Mwani Qatar and Eng. Nabil AlKhaldi, Executive Director of Hamad Port Project.
 
“Hamad Port’s strong capabilities, modern facilities, and advanced systems are leading its position as the gateway to Qatar and a transshipment and a re-export hub in the region, increasing the volume of trade between Qatar and the rest of the world. Last year, Hamad Port achieved a record container volume for the fourth straight year in a row with transshipment volumes rising by 106%. The increase in transshipments is an important sign of the port’s role in the region. Multipl ....

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