KfW Development Bank (Mozambique)
Details
Office:
Mozambique
Other offices:Germany, Yemen, Tunisia, Palestine / West Bank & Gaza, Morocco, Jordan, Egypt, Zambia, Uganda, Togo, Tanzania, Senegal, Rwanda, Niger, Namibia, Peru, Mali, Nicaragua, Malawi, Mexico, Kenya, Ghana, Honduras, Ethiopia, Guatemala, Dem. Rep. Congo, Cote d'Ivoire, Ecuador, Cameroon, Colombia, Burkina Faso, Brazil, Benin, Bolivia, Ukraine, Turkey, Serbia, Russia, Montenegro, Vietnam, Uzbekistan, Tajikistan, Moldova, Pakistan, North Macedonia, Nepal, Myanmar, Mongolia, Georgia, Bosnia and Herzegovina, Laos, Azerbaijan, Kyrgyzstan, Armenia, Indonesia, China, Albania, Bangladesh, Afghanistan, India, South Africa, Kosovo
Address:
Avenida Francisco Orlando, Magumbwe No. 976, CP 2766 Maputo
E-mail(s):
kfw.maputo@kfw.de
Contact person:
Peter Weinert, Director
Phone:
+258 21 48 87 08
Sectors:
Poverty Reduction
Nr. of employees:
51-200
Types:
Financial Institution
Status:
Active
Description
When the civil warring factions signed a peace agreement in 1992, the state had been bled dry and was one of the poorest in the world. Since then, Mozambique has been working hard on its reconstruction – with visible success. The economy is growing by 7 to 8 % every year, and the proportion of those living in poverty has been reduced from 70 % in 1997 to approximately 55 %. Massive gas reserves were discovered in the north of the country in 2012, but huge problems remain: The highly indebted Mozambique is one of the ten poorest countries in the world and languishes in 185th place on the Human Development Index (out of 187 nations).
Country eligibility
No information available
Circumstantial eligible countries
No information available