SADC in $225 million deal with USA

USA rep Van Vranken AND SADC rep  Elias Magosi PIC: KENNEDY RAMOKONE
USA rep Van Vranken AND SADC rep Elias Magosi PIC: KENNEDY RAMOKONE

In the new Memorandum of Agreement (MOA) signed between the SADC and United States of America government yesterday, the US government PLANS to give away a whopping $225 million to the southern African countries in the new regional development collaborative deal that ran out in 2018.

The $225 million that is expected to be pumped into the new agreement deal between SADC and USA is envisioned to go towards the SADC ‘Regional Development Objectives’ only.

Through the MOA signing that was held at the SADC Secretariat, Mphatso Kachule who is the legal counsel for the regional body revealed that funds from the agreement will come in batches. “The funds from the collaborative agreement will be provided in tranches and from 2023 to 2024 the initial allocation is $35.8 million. And this means that next year the government will provide another tranch depending on what the agreement will be in terms of the areas of cooperation,” he explained.


Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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