SPEED Program Central
USAID/Mozambique has developed the Support Program for Economic and Enterprise Development (SPEED) to help Mozambique overcome major obstacles to trade and investment, with an emphasis on agriculture, tourism, and access to finance. The SPEED Team will work with the government and the private sector to strengthen private sector participation in the policy process, identify strategic priorities for reform, build a consensus for these reforms, and then move forward on adopting the reforms and ensuring effective implementation throughout the country.
The USAID SPEED Program, which builds on the work done through the USAID Trade and Investment Program (TIP), supports the creation of supportive enabling environment as well as with trade and economic policy reform. SPEED also builds on the work done on the USAID Northern Mozambique Tourism Project (NMTP), which promoted Mozambique as a tourism destination, assists in increasing tourists Mozambique, assisted in attracting increased investment in the tourism sector and assisted in preserving Mozambique’s environmental assets.
Outputs of these projects are contained on this site, as well as background information related to trade, economics, tourism and the business environment in Mozambique.
SPEED Program Overview
Since the first democratic elections in 1994, the government has pursued an intensive and sustained reconstruction and reform program, with massive support from the international community. The result has been high annual average growth rates and a decline in absolute poverty. Yet Mozambique remains among the world’s poorest countries. Dire poverty is still widespread, and the private sector still struggles with a business environment that inhibits trade, investment, formalization, and job creation. There is a pressing need to accelerate the pace of reforms. To assist Mozambique with this strategy, USAID/Mozambique has developed the Support Program for Economic and Enterprise Development (SPEED) Read more.
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