Maputo, Feb. 23, 2026 (Lusa) - The World Bank plans to provide Mozambique with US$6 billion (€5.09 billion) over the next five years, half of which will be under the new partnership framework focused on job creation, it was announced on Monday.
"We shared with the President the main expected results of this new framework, this new partnership, which aims to unlock job creation and economic opportunities in sectors critical to Mozambique, such as energy, agribusiness and tourism," said the World Bank Group's director for Mozambique, Fily Sissoko, after a meeting with the head of state, Daniel Chapo, in Maputo.
At issue, he explained, is the new Partnership Framework (CPF), recently approved by the World Bank Group for the period 2026-2031, which focuses on job creation to bring about economic growth in Mozambique.
"We have a balance of around US$3 billion [€2.54 billion] on the bank's side [ongoing projects], and we hope to mobilise another US$3 billion [in the new CPF], which makes a total of US$6 billion on the Bank's side, which is very favourable. Most of this is, in fact, grants intended to support the implementation of the country's development strategy," he added.
On 26 January, the World Bank Group announced that it planned to mobilise US$2.5 billion (€2.1 billion) for Mozambique over the next five years under the new CPF, plus approximately US$450 million (€380 million) from the Prevention and Resilience Window (totalling US$3 billion).
Fily Sissoko put forward the objective of ensuring, from the outset, that the World Bank will "continue to support Mozambique in investing in basic infrastructure," including in the “skills” of Mozambicans.
"And to ensure that the country continues to create an environment conducive to private investment and business growth. This also means ensuring macro-fiscal stability, so that some of the macro-fiscal imbalances are effectively resolved," Fily Sissoko explained to journalists, adding that "a very solid, ambitious and credible fiscal consolidation plan" is being developed with the Mozambican authorities.
He also said that the meeting, which brought together several Mozambican ministers, resulted in "clear guidelines" from the head of state: "One of his main messages was “execution, execution, execution”, to ensure that we accelerate the execution of this large portfolio".
With this volume of financing, the World Bank's expectation, said the director for Mozambique, is to leverage investment from the private sector: "We also hope to mobilise an additional US$4 billion [€3.39 billion] from the private sector."
At the same time, he said, the creation of "a platform to interact with the private sector" was discussed.
"The President also assured us that a private sector forum will be created to engage with the private sector on how to address some of the challenges and seize opportunities to increase private investment," Sissoko concluded, adding: "Now is really the time to execute and ensure that our financing effectively reaches Mozambicans and that we truly improve lives and livelihoods."
Speaking to journalists at the end of the meeting, the minister of finance emphasised that the moment marked the "official" launch of the World Bank's new partnership with Mozambique.
"This partnership framework essentially aims to ensure macro-fiscal consolidation with a view to resuming economic growth in our country, which is looking very positive in terms of growth," said Carla Loveira.
The "speed" of programme implementation is now the priority, the minister said, "so that implementation is effective."
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