The Mozambican and South Korean governments have signed two loan agreements totaling $60 million to underwrite both the establishment of an Emergency Information Management System and the building of three photovoltaic solar power stations.
Mozambican Minister of Finance Manuel Chang and the Export-Import Bank of South Korea vice-president Sang Wan Byun signed the accords in the Mozambican capital Maputo.
Under the terms of the agreement, $35 million will be used to finance