News

Moza Banco and the Ministry of Planning and Development signed, this Monday in Maputo, a protocol enabling the introduction of the FARE Line – a financing package created under the Economic Recovery Support Fund, aimed at funding entrepreneurial initiatives in rural areas.

The initiative, fully embraced by Moza, forms part of the government’s efforts to stimulate the economy, with particular emphasis on creating and promoting opportunities in rural areas, especially in regions with high productive potential but limited access to financing facilities.

The ceremony, which was attended by representatives of the International Fund for Agricultural Development (IFAD), was led by the Minister of Planning and Development, Salim Valá, who emphasised on the occasion that, although the financing benefits from subsidised interest rates, it is important that beneficiaries honour their commitments.

“Anyone seeking financing, however subsidised it may be, must be aware that it has to be repaid. Only then will the entrepreneur feel committed to ensuring that their business idea succeeds,” Valá stressed.

Meanwhile, the Chief Executive Officer of Moza Banco, Manuel Soares, reaffirmed the commitment to manage the funds of the FARE Line with transparency and responsibility.

 “Moza Banco proudly assumes responsibility for managing this financing line, acting as the intermediary between the resources made available and the final beneficiaries, and ensures that every metical invested is aligned with rigorous technical criteria and the highest standards of integrity and transparency. Through careful assessment, continuous monitoring, and close support to beneficiaries, we aim to ensure that the supported projects generate tangible and sustainable results,” stated Manuel Soares.

In light of this agreement, Moza Banco renews its commitment to continue Making It Happen, transforming resources into opportunities and results that contribute to the development of Mozambique.

The Mozambique Stock Exchange (BVM) recently recognised the leading partners in the capital markets, in a ceremony that highlighted the performance of institutions and intermediaries contributing to the growth and maturity of this segment. According to the Chairman of the Board of Directors of BVM, Pedro Cossa, the development of the capital market depends on cooperation among stakeholders and on building bridges between national and international markets, emphasising that “the capital market does not thrive in isolated islands”.

Following the resumption of these awards after a four-year hiatus, Moza Banco stood out as the most awarded institution at the ceremony, having been recognised in two major categories:

• Largest Securities Issuance on the Stock Exchange Market 2025
• Leading Sponsor of Listings on the Stock Exchange Market 2025

According to the Chief Executive Officer (CEO) of the financial institution, Manuel Soares, these distinctions reflect Moza Banco’s ability to support companies in diversifying their sources of funding and in identifying investment opportunities, reinforcing its strategic role in the national capital market.

“Being the most awarded institution in this edition confirms that we are making a concrete contribution to the consolidation and maturity of the capital market in Mozambique,” said the CEO of Moza Banco. “More than awards, these recognitions are a sign of trust that we place at the service of our clients and the country’s economic development.”

With these achievements, Moza Banco reaffirms its commitment to supporting companies and investors, promoting transparency, innovation and sustainable growth in the Mozambican financial market.

A delegation from Moza Banco, led by Executive Committee Member Jaime Joaquim, visited the Office of the First Lady, Gueta Chapo, in Maputo this Monday, with the aim of expressing support for the initiatives carried out by the Office in favour of victims of the floods and inundations that recently affected the southern region of the country, leaving hardship and struggle among hundreds of families.

During the meeting, the Moza team expressed interest in collaborating with the Office of the First Lady at various levels, beginning with support for the numerous social initiatives undertaken by the Office across the country.

There was also an opportunity to present a symbolic cheque to support the Office with expenses related to the purchase of essential goods and supplies to assist families who are still accommodated in several reception centres, following the total or partial destruction of their homes as a result of the heavy rains.

Gueta Chapo expressed openness during the meeting to collaborate with the Bank, welcoming the visit and the expressed willingness to support Mozambicans.

For his part, the Executive Committee Member described the partnership as strategic and aligned with the social responsibility initiatives that Moza Banco has been implementing across the country.

“It is a great honour for us to contribute, symbolically, to the success of the First Lady’s initiatives. We can all clearly see the impact and the positive change that these initiatives generate within communities,” he emphasised.

As part of its support for victims of floods and inundations, Moza Banco has been carrying out several initiatives with considerable impact on families, particularly in the most affected areas of the southern region of the country, with special focus on the districts of Mapai, Chicualacuala, Chigubo and Guijá in Gaza Province, and Boane in Maputo Province.

Aware that continued assistance remains necessary, Moza Banco continues to Make It Happen by mobilising donations and partnerships in order to strengthen the solidarity actions carried out under the Solidarity Movement launched at the end of January, following the outbreak of the severe weather conditions.

Moza Banco’s agribusiness specialist, Danilo Abdula, participated this Monday in Maputo in the launch ceremony of AgriConnect, a World Bank initiative to be implemented in Mozambique in partnership with the Ministry of Agriculture, Environment and Fisheries, aimed at transforming small-scale agriculture and promoting job creation in rural areas.

Invited to join a panel discussion on “Priority actions for the development of agribusiness, job creation, and the improvement of food and nutrition security in Mozambique,” Danilo Abdula addressed the challenges associated with financing smallholder farmers. He emphasised the importance of producers joining cooperatives, which would enable them to become better organised and therefore better positioned to access financing from the banking sector.

“Moza Banco has a strong interest in supporting the development of agribusiness. However, any financing granted must ensure a sustainable return. It is therefore essential that producers understand the importance of being organised so they can benefit from financing opportunities. It is easier to finance a group than dispersed smallholders, as a group is more organised and better able to share both the risks and the benefits associated with such financing,” said Danilo Abdula.

The Moza Banco specialist also encouraged authorities to stimulate and strengthen the agricultural value chain, ensuring that producers do not face difficulties in bringing their products to market.

Despite the various challenges that continue to affect the national agricultural sector—particularly climate-related factors—Moza Banco remains committed to financing agribusiness in Mozambique. The Bank currently offers dedicated financing lines for the sector, notably the BEI Line, established in partnership with the European Investment Bank, and the Food Security Fund (FSA) Line, both offering preferential interest rates.

Moza Banco believes that investment in agribusiness is essential for Mozambicans to collectively advance the country’s development.

A group of volunteers from Moza Banco and partner organisations, led by the Chief Executive Officer (CEO), Manuel Soares, visited Escola Básica 19 de Outubro — the last active Reception Centre in the district of Boane — to comfort more than one thousand victims of the recent floods that struck the southern region of the country. Composed mainly of women and children, the Reception Centre shelters families who, despite having lost almost everything, remain full of hope for a better and more stable future.

During the visit, the team delivered various donations, including non-perishable food items, clothing, and hygiene and cleaning products, in an effort to ease the needs of these families, who continue to depend on all possible assistance.

Moved by the reality on the ground, Moza’s CEO reaffirmed the Bank’s commitment to continuing the Solidarity Movement and further strengthening support for flood victims.

“When we look at these families, we realise that solidarity cannot be limited to a single action. Moza is here because it believes that being supportive means walking alongside those who need it most, until hope once again outweighs pain. We are aware of other areas in Maputo Province that still require assistance, particularly Manhiça, Moamba and Magude, and therefore we want the next phase of our Solidarity Movement to also include these regions. We will continue to Make It Happen,” added the CEO.

Representing the supported families, the Director of the Reception Centre, Maria Alcinda Mandlate, highlighted above all the message of hope conveyed to flood victims through the donations associated with the Solidarity Movements, calling for their continuation.

“These families arrived here with virtually nothing. We have mothers and pregnant women who need the help of each and every one of you. Every contribution we receive restores a little dignity and hope. Knowing that we are not alone gives us the strength to continue caring for these people as they deserve,” affirmed the Director.

This initiative forms part of the actions that have been carried out since the onset of the floods, with the Bank having already channelled support to Gaza Province in coordination with local authorities and the National Institute for Disaster Management (INGD).

In Gaza, in addition to supporting the central government, Moza directly assisted the districts of Guijá, Mapai, Chigubo and Chicualacuala — areas that were devastated by the force of the floods, resulting in loss of life and significant material damage.

More than simply delivering donations, Moza seeks through these actions to provide comfort to the victims, encouraging them to fight for the reconstruction of their lives.