The Governments of Malawi and Mozambique secured financing from the International Development
Association (IDA) under the Southern Africa Trade and Connectivity Project (SATCP) to support efforts aimed at reducing trade costs and time, improving access to quality infrastructure, and enhancing value chain development along the Nacala and Beira corridors. The project is being implemented over a six-year period, ending on 30 June 2027.
Trade and regional integration remain critical drivers of economic recovery and resilience in Southern Africa, particularly in the context of recurring climate-related shocks and global disruptions such as the COVID-19 pandemic. Efficient transport and logistics systems are essential to sustaining trade flows and supporting economic transformation in the region.
To Read More Click Here
