Is there something fishy about Mozambique's debt?
The UK joins the International Monetary Fund and the World Bank in suspending funding to Mozambique over more than $1bn (£700m) of undisclosed debts.
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The UK joins the International Monetary Fund and the World Bank in suspending funding to Mozambique over more than $1bn (£700m) of undisclosed debts.
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25 May 2021 (FAO)* — “We go to look for oysters in the mangroves to feed our families and for business. This is how I make a living. If I work for two to three days, I can earn money to cover my expenses,” says Fatou Sarr, President of the Women Transformers Group of Diamniadio, a cooperative and producers’ organization that supports small-scale oyster producers. With backing from FAO and the Coastal Fisheries Initiatives, communities are on a mission to save natural habitats like mangroves to safeguard their local environments. ©FAO/Yacine Cissé Entrepreneurs like Fatou are on a qu...
Endura planted more than 1.3 million mangrove trees in the Maputo Bay area of Mozambique in 2020. The brand launched the initiative at the start of last year, committing to plant one million trees annually for the next ten years to eliminate its carbon footprint. With the help of its reforestation partners in Mozambique, the first year’s target was exceeded by 30%. Endura has now set a target to become carbon negative by 2024. Pamela Barclay, Endura’s co-founder and brand director, who initiated the project, said: “With COVID-19 tragedy and disruption affecting communities around the ...