EXXONMOBIL Corporation will provide $3 million to the United States Agency for International Development, USAID to design and administer programmes that improve social and economic development in Mozambique. The collaboration was announced by Administrator Mark Green at the 2019 Corporate Council on U.S.-Africa Business Summit.
Liam Mallon, president, ExxonMobil Upstream Oil and Gas Company, said this effort would leverage the combined expertise and capabilities of USAID and ExxonMobil to implement sustainable programmes that lead to improved quality of life.
USAID will apply its experience and strong expertise to promote stability, governance and development initiatives tailored to help community needs. USAID is committed to deepening collaboration with the private sector in areas ranging from economic growth, energy, agriculture and global health to humanitarian assistance, women’s empowerment and education.
Since 2018, ExxonMobil has invested more than $3 million in community programmes that promote improved education, healthcare, family empowerment, agriculture and biodiversity conservation across Mozambique. These contributions include more than $400,000 in emergency assistance efforts in response to cyclones Idai and Kenneth.
ExxonMobil holds a 25 percent indirect interest in Mozambique Area 4 concession and will lead the construction and operation of the future onshore natural gas liquefaction facilities in Cabo Delgado’s Agfungi peninsula. In addition, ExxonMobil holds joint rights to operate the Angoche basin (A5-B) and the Zambezi Delta (Z5-C and Z5-D) concessions.
– June 21, 2018 @ 17:35 GMT |