By: Almeira Paruque, FSDMoç Analyst. A dynamic capital market is very important for the economic growth of countries and it has been the highlight of discussions around the globe, described as the link in facilitating the flow of funding from savers to investors. The most known markets internationally include the capital markets of London and New York, which are very electrifying trading places and it is not unusual to hear people referring to stocks or other securities that have risen or fallen overnight. However, do people really understand what the capital market is
By Hélder Buvana, FSDMoç Investment Manager and Anne-Marie Chidzero, FSDMoç Advisor It may sound secondary to argue for the need of financial advisory services for people living in countries with extreme levels of poverty. It can also sound unimportant even when we have the same argument for those who are in developing countries, but still face many challenges to live a decent life, with minimum access to food and health services. Therefore, should we spend time debating the role of a financial advisor for people at the bottom of the pyramid (BoP)?
The Financial Sector Deepening Mozambique (FSDMoç), a program funded by the UK Department for International Development (DFID) and the Swedish Agency for International Development Cooperation (SIDA), supports the development of the financial sector with a focus on expanding the levels financial inclusion. FSDMoç entered into a partnership with a BANK to support its rural expansion strategy. The partnership has been formalized through the signing of an Non-Disclosure Agreement (NDA) and a Memorandum of Understanding (MOU) between FSDMoç and the BANK which main objective is to cooperate and seek innovative solutions for offering adequate