The new Connectivity and Coastal Resilience Compact is expected to improve the lives of 57 million people in Mozambique, through sustainable and inclusive economic growth. Funds will be managed by the Millennium Challenge Account (MCA) Mozambique office, comprised of Mozambique government, civil society, and private sector representatives.
“In regard to this historic funding, it is our duty to ensure accountability and adherence to good practices in the management of the involved public goods, thus consolidating trust and good moment of the relationship between Mozambique and the United States of America. Therefore, we will keep up the standards in respecting the sacrifice of the taxpayers of both countries,” said President of Mozambique President Filipe Nyusi.
The Mozambique Connectivity and Coastal Resilience Compact consists of three projects:
- The Connectivity and Rural Transport Project (CTR) will enhance the quality and climate resilience of major routes in Zambezia by improving roads and bridges and addressing deferred maintenance, including the busy Mocuba Bridge.
- The Promoting Reform and Investment in Agriculture Project (PRIA) will improve the incomes of smallholder farmers and other value chain actors, increase investments in the agriculture sector, and foster agriculture-related fiscal reform and incentives.
- The Coastal Livelihoods and Climate Resilience Project (CLCR) seeks to increase ecosystem productivity by addressing problems caused by long-term ecosystem degradation and fishery loss.
The Millennium Challenge Corporation is an independent U.S. government agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants and assistance to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.
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