Total Energies and its partners in the MzLNG project support community initiative to produce certified fabric face masks locally, and stimulate job creation for informal workers in Mozambique

As witnessed globally, the COVID-19 pandemic has radically shaken the global landscape for business, people’s livelihoods and the growth of economies. Developing countries specifically, have been significantly impacted, dealing with an array of already challenging circumstances from poor healthcare systems to rising unemployment, reduced business creation opportunities and limited formal infrastructure often needed to stimulate growth. Mozambique has without a doubt been one of the countries hardest hit during this pandemic. As in the case of most pandemics and global crises, the informal workforce have been left particularly vulnerable as the majority of

Terms of Reference (ToRs) Consulting Services for Conducting a Study on the Landscape of Inclusive Insurance in Mozambique

1. BACKGROUND The Financial Sector Deepening-Mozambique (FSDMoç) is funded by the Foreign, Commonwealth & Development Office (FCDO) and the Swedish International Development Cooperation Agency (SIDA). FSDMoç’s three core objectives are to (i) improve access to financial services for Small and Medium Enterprises (SMEs), (ii) improve access to finance for smallholder farmers and households, and (iii) create an enabling environment for financial inclusion by supporting knowledge sharing and capacity building. In partnership with the Insurance Supervisory Institute of Mozambique (ISSM), the Mozambican insurers’ association (AMS) and the Munich Re Foundation, FSDMoç will support the

Financial Inclusion Week 2019

The Financial Sector Deepening Mozambique (FSDMoç) in partnership with the Center for Financial Inclusion (CFI) – ACCION, promoted for the 3rd consecutive year the Financial Inclusion Week (FIW), that was officially from October 21 to 25 but specifically for Mozambique we extended the celebrations until October 31st so it will end with the celebrations of the International Savings Day. The FIW is a week reserved for global conversations about the most important steps for advancing financial inclusion. The objective of the week was to build a momentum around how to address the most


By Vania Matola – FSDMoç Investment Analyst In partnership with Epsilon Energia Solar and SolarWorks! FSDMoç is promoting access to energy to low-income households through Pay-as-you-go (PAYGO) technology. The PAYGO technology combines a solar home system (SHS) with the mobile money platform. The solar companies are offering a 3, 6, 12 and 18 months payment plans to rural communities in Maputo, Gaza, Inhambane, Sofala and Manica provinces allowing them to gain access to solar energy and the benefits of increased safety, added study time, extended business hours. Solar household kits are not only


By Almeira Paruque – FSDMoç Investment Analyst  This article aims to highlight the role played by women in the dynamization of the agency banking model, implemented by BancABC and Letshego, with the support of FSDMoç, whose objective is to expand the network of banks’ agents, through the development of products and marketing strategies for the rural areas, as well as training of agents and financial education of clients. To promote the participation and reduction of the obstacles faced by women, these projects have sought to boost their participation, which currently represent about 20%

Can FSDMoç support the housing finance sector in Mozambique?

Can FSDMoç support the housing finance sector in Mozambique? Some highlights from the Housing Finance Panel during the FSD Network Conference, December 2018 By: Benedito Murambire, Jr. FSDMoç Investment Manager. Housing has a significant impact on any economy, which is not the subject of this paper. Obviously, in Mozambique, like in any other country, there are strong linkages between housing and economy. Additionally, housing has strong linkages with financial sector development. It is a great way to deal with ivermectin for hookworms in dogs your sexual problems. Ivermectin is applied to the skin and may


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

Financial advisory: Opportunities and risks for the Bottom of the Pyramid

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)?

Mobile money a vehicle to financial inclusion in Mozambique

Mobile money a vehicle to financial inclusion in Mozambique   Access to financial services in Mozambique is still limited, exacerbated by existing low literacy levels, especially in rural areas. Twenty percent (20%) of the country’s adult population have access to banking and financial services made up of 40% of people living in urban areas and 10% of people living in rural areas (FINSCOPE Study, 2014)1. The government of Mozambique has sought to address financial exclusion through the National Financial Inclusion Strategy (2016-2022)2, which aims to increase the accessibility of financial services to the

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