The Board of the African Development Fund approved a $19.98 million grant for Mozambique.
This money is the first part of the fund's two-phase financial aid for 2023 and 2024. Each part is roughly $20 million.
The plan has two main aims. First, it seeks to improve conditions for private businesses and sustainable growth.
Second, it aims to make public spending more efficient, transparent, and accountable. The grant will help streamline laws and investment options, especially for eco-friendly farming.
This will likely boost growth in. . .