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NNA - Voluntary return of 137 Syrian refugees from Shebaa and central Bekaa
NNA - Lebanon's General Security on Monday announced in a statement it has secured the voluntary return of 137 Syrian...
NNA - Land transport unions suspend strike confirmed by Head of Public Drivers' Union, Bassam Tleis
NNA - Head of Public Drivers' Union, Bassam Tleis, announced that the land transportation sector would suspend its strike and...
NNA - Land transport unions visit Aoun, announce mobilization suspension
NNA - President Michel Aoun on Monday maintained that the government was concerned with the implementation of the land transportation...
NNA - Saudi Minister Plenipotentiary Charge d'Affaire, Walid Bukhari, launches 'Oumnia' humanitarian initiative on Hajj pilgrimage
NNA - Saudi Minister Plenipotentiary Charge d'Affaire, Walid Bukhari, on Monday launched a humanitarian 'Oumnia' (Wish) initiative aimed to consecrate...
NNA - اليونيفيل تشارك في كرمس الصيف في تبنين
وطنية - شارك جنود حفظ السلام في القطاع الغربي لليونيفيل في فاعليات كرمس الصيف بحضور 2500 طفل تتراوح أعمارهم بين...
NNA - لبنان يبدأ العد العكسي لنهائيات كأس آسيا لكرة القدم
وطنية - يدخل منتخب لبنان لكرة القدم في مطلع أيلول المقبل مرحلة العد العكسي إستعدادا لمشاركته في نهائيات كأس آسيا...
Lusa - Business News - Portugal: Talk of Azores airline sell-off 'premature' - Secretary
Ponta Delgada, Portugal, Aug. 13 (Lusa) – The Azores regional transport secretary said on Monday that it was “completely premature”...
Lusa - Business News - M0zambique: SADC warns of greater food insecurity because of drought
Johannesburg, Aug. 13 (Lusa) - The Southern African Development Community SADC director of Food Agriculture and Natural Resources, Domingos Gove...
Lusa - Business News - Portugal: Paper company Navigator sees shares fall over 18%
Lisbon, Aug. 13 (Lusa) – Portugal’s Securities Exchange Market Commission is closely accompanying the behaviour of leading paper brand Navigator...
Lusa - Business News - Angola: Out-of-date forged goods 'came from supermarkets' - Consumer group
Luanda, Aug. 13 (Lusa) – The chairman of the Angolan consumers’ rights association (AADIC), Diógenes de Oliveira, said on Monday...
CNA - Total sales of industrial commodities up by 7.3% in 2016
CNA - ΝICOSIA
Total sales of industrial commodities were up by 7.3% in 2016 on an annual basis, data released by...
Lusa - Business News - Brussels: Agreement signed for new digital highway - European Commission
Brussels, Aug. 13 (Lusa) – A group of 11 European and Latin American research and education networks have signed an...
EFE - MEDITERRANEAN MIGRATION - Migrants on board Aquarius vessel in good health, have supplies for 2 weeks
Rome, Aug 13 (EFE).- The 141 migrants on board the Aquarius rescue vessels were well and with enough food and...
Lusa - Business News - Portugal: Regulator black-lists Blue Grana Investment Group and Smartadn
Lisbon, Aug. 13 (Lusa) – The Portuguese Stock Exchange Commission (CMVM) said on Monday that Blue Grana Investment Group and...
Lusa - Business News - Angola: Govt. regulates issuance and management of Public Debt
Luanda, Aug. 11 (Lusa) - The Angolan government has regulated the Issuance and Management of Direct and Indirect Public Debt,...
Lusa - Business News - Portugal: 'Uber' law comes into force on 1 November
Lisbon, Aug. 13 (Lusa) – The law governing ride-hailing Apps in Portugal for companies such as Uber and Cabify is...
Lusa - Business News - Cape Verde: ECOWAS bank not investing enough in the economy - Tourism chairman
Praia, Aug. 13 (Lusa) – The chairman of the Santiago Tourism Association, Eugénio Inocêncio, regretted on Monday that only one...
Lusa - Business News - Portugal: Ambassador wants closer ties between Indian and Portuguese people
Lisbon, Aug. 13 (Lusa) – India's ambassador to Portugal, Nandini Singla, said on monday that the political relationship between INdia...
Lusa - Business News - Macau: Region imports 29% more products from Portugal in first half - AICEP
Macau, China, Aug. 13 (Lusa) - Macau imported products worth €14.4 million in from Portugal in the first half of...
CNA - Hellenic announces share agreement with Emma Alpha of €50 million
CNA - Cyprus/NICOSIA
Hellenic Bank has announced that it has entered into a subscription agreement with Emma Alpha Holding Ltd...
Lusa - Business News - Portugal: Four-week overtime strike at ports starts on Monday
Lisbon, Aug. 13 (Lusa) – Dockworkers start on Monday a four-week overtime strike due to end on 10 September,...
Lusa - Business News - Mozambique: Natural resources 'to play key role in country's growth' - AfDB




Lisbon, Aug. 9 (Lusa) - The African Development Bank’s country manager for Mozambique, Pietro Toigo, said on Thursday that sustainably managing the country's natural resources was key to driving its economic growth.
“The sustainable management of natural resources will determine the kind of country Mozambique will be,” Toigo told Lusa in an exclusive interview to coincide with the release of the AfDB's Country Strategy Paper 2018-2022.
“The development of the gas sector will transform the country’s economy in the next decade, and some of the main political decisions will determine the rhythm and the nature of the transformation that will be made in the near future,” Toigo added.
Asked about the three most important measures the government led by the president, Filipe Nyusi, could implement to boost the country’s economic growth, Toigo cited the sustainable management of natural resources, ensuring greater transparency in the management of revenue, greater productivity in the application of public spending and more investment in human resources and labour force qualifications.
Mozambique has faced turmoil since 2016 when it was revealed the country had secretly taken out loans which led the International Monetary Fund to suspend funding to the southern African nation.
The AfDB's strategy paper for the next five years addresses the debt-ridden country’s economic and financial challenges, especially in rural areas, as well as improving its general business environment through investments and infrastructure.

MBA/MWYP // ARO.
Lusa






Agency : LUSA

Date : 2018-08-10 09:56:01







 

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