AfDB’s Cunha Corrêa Presents Credentials

The African Development Bank’s newly appointed Mozambique Country Manager, Rómulo Cunha Corrêa, has presented his credentials to the Government of Mozambique, marking the formal start of his mandate. The ceremony underscores the Bank’s continued institutional presence at a time when Mozambique is navigating fiscal consolidation and development financing needs.

During the presentation, Cunha Corrêa reaffirmed the AfDB’s commitment to supporting Mozambique’s economic transformation agenda. He emphasised the importance of strengthening cooperation across infrastructure, energy, agriculture and private sector development, sectors that remain central to the country’s medium-term growth prospects.

Development priorities and financing alignment

The AfDB has been a longstanding partner to Mozambique across transport corridors, power generation and governance reform. In recent years, the Bank has aligned its operations with national priorities set out by the Ministry of Finance, focusing on fiscal stability, project execution capacity and inclusive growth.

In addition, collaboration with other multilateral institutions remains central. The World Bank and the International Monetary Fund continue to support macroeconomic stabilisation and structural reforms. The AfDB’s country programme therefore operates within a coordinated financing framework.

Energy, climate and infrastructure focus

Mozambique’s development trajectory is closely linked to energy expansion and climate resilience. The AfDB has supported renewable energy initiatives and regional interconnection projects designed to strengthen supply reliability. These investments complement large-scale private sector developments in the gas sector, while also advancing green growth objectives.

Climate adaptation financing is expected to remain a priority. Mozambique’s exposure to extreme weather events requires sustained investment in resilient infrastructure and disaster preparedness systems.

Regional and global positioning

Mozambique’s strategic location along the Indian Ocean corridor also shapes development priorities. As Asia deepens trade engagement with Eastern and Southern Africa, transport connectivity and port efficiency become increasingly important. Moreover, capital flows from the Gulf region continue to show interest in energy and logistics infrastructure.

Cunha Corrêa’s appointment therefore comes at a moment of both opportunity and complexity. The AfDB Mozambique Country Manager will play a key role in coordinating development finance, ensuring project execution discipline and aligning Bank support with national reform efforts. Institutional continuity and policy coherence are likely to define the next phase of the partnership.

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