Wednesday, November 20, 2019

Business / DT 19 / 2007

Sida awaits proposal on Mozambique hydro

 
The Swedish aid agency Sida is considering to finance the rehabilitation of two ageing hydropower plants in Mozambique, and now awaits a concrete project proposal from EDM.
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Norway mixed credit portfolio in Vietnam

 
During the fall Norway has signed three agreements with Vietnamese authorities about new mixed credit-financed projects.
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Stoltenberg promises NOK 3 billion for forests

 
In the context of the Bali climate conference, Norway has made a dramatic announcement that it will provide NOK 3 billion (some EUR 400 million) per year to fight deforestation.
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Mozambique refund. DKK 240m in Danish aid unfrozen

 
The government of Mozambique has made a final payment of USD 829,000 to Denmark following revelations of embezzlement of aid funds in the education programme in Zambezi province. This closes the largest case of corruption in Danish aid to date.
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Norway facilitates for whistle blowers

 
The Ministry of Foreign Affairs in Oslo is implementing a number of measures to strengthen the administration of Norwegian development aid funds, including better systems for dealing with suspected misuse of funds.
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