Blog

Why Fintech is an important subject for financial inclusion?

By: Katia Agostinho(FSDMoç Market Development Analyst) Now-a-days more and more people are looking for convenience and flexibility when using financial services, especially the low income population which also look for accessible services in terms of price and physical access. Globally, technology is playing an important role in making that happen, by supporting financial service providers with innovation and expansion options. The use of technology in the financial sector is globally known as Fintech. In Mozambique, were only 40% of the adult population is financial included but more than two thirds (68.8%) of the
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Why is it important for Parents to Teach Children to save at a Younger Age?

By: Belmiro Miguel Nhamithambo (FSDMoç Knowledge, Monitoring and Learning Analyst) ‘’You have the chance to start learning about money . We didn’t have the same chance as you, to learn at an early age in order to minimize committing wrong decisions that can affect your life in the future’’ Mozambique Stock Exchange (BVM) CEO opening speech during 2017 Global Money Week Mozambique main ceremony. Mozambique celebrated Global Money Week for the second time in a row this year, an event that was held jointly in more than 120 countries. This is an event

Policy Memo: Advocating for appropriate financial solutions for saving groups to cope with emergencies

By Esselina Macome Policy Advisor, FSDMoç (Financial Sector Deepening Moçambique) Professor, Eduardo Mondlane University Executive Summary Mozambique has made a significant progress toward developing and strengthening the financial sector through the implementation of a comprehensive Financial Sector reform program. However, the majority of the population and businesses still do not have access to financial services – especially in rural areas where the majority of the population resides (BM, 2015). The main objective of the Mozambique Financial Sector Development Strategy 2013 – 2022 is to improve the lives of all Mozambicans. More precisely to