Day: September 17, 2018

A day as an M-Pesa promoter

By: Almeira Paruque, FSDMoç Analyst A new day begins in Mozambique and different groups of young people gather around markets, mall entrances, crowded squares and streets around the country to perform the duties of an M-Pesa promoter. They must convince the next customer to open an M-Pesa account and, through it, start using new or additional financial services. The 16th of August of 2018 would represent a normal workday for the M-Pesa promoters assigned to Xiquelene market, Aeroporto A neighborhood and Adelina market (all in Maputo city), if not for the visit of a

How FSDMoç is addressing financial sector regulation challenges: The Regulatory Sandbox Story!

By: Kátia Agostinho, FSDMoç Analyst Digital tools are making access to financial products and services possible around the world, and Mozambique should be able to learn from other countries that are more advanced in this journey and provide the same opportunities for the Mozambicans, while at the same time takes advantage from the great ideas being introduced by Mozambicans. This country is 2515km coast long and has a low population density with 30.1hab/km2[1] on a 799,380km2 area. Providing financial services via the traditional “brick and mortar” branches is proven to be inefficient and exclusionist