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Nyusi wants more money to fight the causes of terrorism

Nyusi wants more money to fight the causes of terrorism

But throwing more money at northern Mozambique is unlikely to overcome persistent and seemingly intractable issues

Mar 29, 2023
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Nyusi wants more money to fight the causes of terrorism
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Good afternoon. Addressing the United Nations Security Council yesterday on the issue of violent extremism, President Filipe Nyusi proposed the establishment of a new fund “to strengthen local sustainable development initiatives, that could promote job generating projects for the youth, particularly in Africa and the Middle East”.

It sounds like a nice idea, but has money not been made available for such things before? Even if Mozambique’s northern integrated development strategy has ended up going nowhere, due to a lack of agreement with donors over its scope, and over the causes of the conflict.

As the latest edition of the Cabo Ligado Weekly, out today, reports, a new US-funded programme is in the pipeline to tackle economic exclusion (among other problems) in northern Mozambique.

The problem may be, rather, in the various obstacles that Mozambique and its donors always face when trying to overcome the apparently intractable issues of poverty and mass unemployment. The answer, whatever it is, is unlikely to be another fund.


Agenda:

  • Today: Deputy minister of foreign affairs, Manuel Gonçalves, meets with Sweden's secretary of state for international cooperation, Diana Jensen

  • Today-tomorrow: European Union Ambassador to Mozambique visiting Cabo Delgado


The latest from Zitamar News:

BCI bank appoints new CEO, and former Prime Minister as chairman
Portuguese-owned BCI, one of the big two banks in Mozambique, yesterday appointed a new chief executive, and made former Prime Minister Carlos Agostinho do Rosário its new chairperson

Cabo Ligado Weekly: 20-26 March 2023

  • Second IED attack on security forces in two weeks

  • Médecins Sans Frontières highlights “protracted crisis” in Cabo Delgado

  • US government publishes 10-year strategy for peace and stability in Mozambique

Also available in Portuguese


From the Zitamar Live Blog:

Join the discussion on Telegram or view on our website

The Bank of Mozambique's monetary policy committee (CPMO) decided to hold its interest rates steady today, based on a continued inflation outlook which the committee expects to fall back into single digits in the medium term


Also in the news:

  • Frelimo passes electoral law change as Renamo demonstrates in parliament 

  • Agriculture minister promises no shortage of sugar after floods devastate crops

  • MPs question central bank’s suitability to manage sovereign fund

  • Mozambique at UN proposes local development fund to combat terrorism

Today’s front pages in Maputo. Photo © Faizal Chauque / Zitamar News

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