
Southern Africa Trade and Connectivity Project: Financial Management Specialist for Component 3
- Funding agency:
- WB
- Status:
- awarded
- Location:
- Mozambique

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The Portos e Caminhos de Ferro de Moçambique, E.P. (Mozambique Ports and Railways) has received financing from the New Partnership for Africa's Development - Infrastructure Project Preparation Facility (NEPAD IPPF), hosted by the African Development Bank, toward the cost of the Environmental and Social Impact Studies for the Proposed Machipanda Railway Rehabilitation Project, and intends to apply part of the agreed amount for this grant to payments under the contract for the Consultancy Services for Operationalisation, and Implementation of the Environmental and Social Management System (ESMS) and Integrated Environmental and Social Management Plan (ESMP) for Caminhos de Ferro de Moçambique (CFM), along with the development of Climate Risk Management Tools, and Green House Gases (GHG) Accounting Methodologies.
The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.
Includes measures for improving well-being, inclusion, and resilience of individuals and communities through social services and protection systems.