KfW Development Bank (Mozambique)

KfW Development Bank (Mozambique)

General
Contacts 2
Tenders 0
Grants 0
Jobs 0
Contractors 0
Pricing strategy 0
Last update: May 25, 2023 Last update: 25 May, 2023
General
Contacts2
Tenders0
Grants 0
Jobs 0
CSP 0
Contractors 0
Awards 0
Pricing strategy 0

Details

Sectors: Poverty Reduction Poverty Reduction
Nr. of employees: 51-200
Types: Financial Institution 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
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