Now Reading
EU Has Invested More Than 400 Million Euros in Mozambique Through Bilateral Cooperation

EU Has Invested More Than 400 Million Euros in Mozambique Through Bilateral Cooperation

The European Union (EU) has revealed that in recent years it has invested more than 400 million euros (27.1 billion dollars) in Mozambique in the context of bilateral cooperation and partnerships, adding that it encourages European companies to invest in the country and promote more jobs for young people.

Speaking after an audience with the Mozambican Minister for Foreign Affairs and Cooperation, Verónica Macamo, the European High Commissioner for International Partnerships, Jutta Urpilainen, said that Mozambique has excellent relations with the EU, standing out as an important partner in all areas of activity.

“Our financial commitment to the country exceeds 400 million euros and I’m visiting to deepen partnerships and encourage new European companies to invest in Mozambique,” she said.

Regarding the meeting with the national leader, Urpilainen emphasised that “it was an opportunity to discuss more structured issues and exchange views on the latest global and regional developments”.

“We are jointly committed to a number of themes, including support for security issues, development, the green transition, good governance and youth development,” he added.

According to a statement from the EU delegation in Maputo, as part of her two-day visit to Mozambique, Jutta Urpilainen will promote the Global Gateway Strategy and its implementation and emphasise bilateral cooperation, particularly in the youth and education sectors.

She will also interact with partners developing EU-supported projects and launch the VaMoz Digital! programme, conceived as part of the 2023 Annual Action Plan, aimed at strengthening the digital sector in Mozambique.

See Also


Scroll To Top

We have detected that you are using AdBlock Plus or other adblocking software which is causing you to not be able to view 360 Mozambique in its entirety.

Please add to your adblocker’s whitelist or disable it by refreshing afterwards so you can view the site.