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Friday, 27 August 2010

Germany Grants 47 Million Euros to Mozambique for Education Sector

The Mozambican and German governments signed in Maputo on Friday an agreement under which the German Development Bank (KFW) will disburse 47 million euros to support the Common Fund which co-finances the implementation of Mozambique's Strategic Plan for the Education Sector 2010-2013. The strategic plan was designed to improve the quality of education in order to boost Mozambique's economic and social development by expanding access to education, particularly for women, and strengthen capacity building in the areas of political education, planning and management. The Governor of the Mozambique's Central Bank, Ernesto Gove and the Director of KFW, Ralf Orlik signed the agreement. Speaking shortly after the signing ceremony, Gove said this is the fourth funding granted by the German government to support the Common Fund, totalling 112 million euros since 2001.

Source: Allafrica

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