The victims of cyclone Gombe and tropical storm Ana, which recently affected the province of Nampula, have continued to receive support to minimise the suffering to which they are currently subjected.

On Monday, Moza Banco delivered food products consisting of cooking oil and butter beans to the Secretary of State in Nampula province. This act is part of the bank’s Corporate Social Responsibility Policy, which has one of its main focuses on developing activities that contribute to the economic and social progress of the communities where the bank operates.

The CEO of Moza Banco, Manuel Soares, says that “We decided to implement this initiative because we want to contribute to alleviating the suffering of the families affected. Our commitment is to the well-being of Mozambicans and to the continuous improvement of people's quality of life. We are aware that our gesture, in itself, will not effectively resolve the problem, but we believe it is a significant contribution to this great struggle for continuous improvement in their quality of life.” 

The Secretary of State for Nampula Mety Gondola, welcomed Moza Banco's initiative, saying that, “We express our deep gratitude and satisfaction on behalf of the people of Nampula. This support is important because it comes in response to the problems of those families affected by tropical cyclone Gombe and tropical storm Ana, and who at this time are still getting back on their feet. The help from Moza Banco will be very useful and we will reach the families who are currently facing difficulties.”

The donated goods have already been delivered to the National Institute of Natural Disaster Management (INGD), to be immediately forwarded to the affected families.

In Nampula province. Cyclone Gombe and tropical storm Ana affected over 642,000 people, mostly in coastal districts and caused around 53 deaths.

Moza Banco on Monday delivered medicines and surgical equipment to the provincial hospital of Chimoio, Manica province, comprising several types of medicines that will benefit over 600 patients.

This act fits in with Moza Banco's Social Responsibility Policy, which has one of its main focuses on developing activities that contribute to the economic and social progress of the communities where the Bank operates, thereby fostering sustainable relationships with its stakeholders.

During his speech, the CEO of Moza Banco, Manuel Soares, said that, “It is with great satisfaction that we are here today, to make the formal delivery of medicines and medical material for surgery such as syringes, serum systems, devices for the diagnosis of chronic diseases such as diabetes, hypertension, psychiatric disorders and newborn prophylaxis. This material will benefit over 600 patients at this Hospital. By granting this support, the Bank expects to improve Manica Provincial Hospital’s response capacity, thereby increasing the availability and accessibility of these medications to more people. On the other hand, we hope to contribute to strengthening the means for the diagnosis of chronic diseases. I would like to take this opportunity to appeal for a rational and sustainable use of the resources made available here, so that they benefit the largest number of people”.

Meanwhile, the Secretary of State for Manica, Edson Macuacua, welcomed the initiative from Moza Banco, saying, “We would like to express our sincere thanks for the kind and important donation made by Moza Banco to the Provincial Hospital of Chimoio, which will be applied in the pursuit of our institutional objectives, as we know that for a country like ours, the participation from everyone remains key“.

Moza Banco’s CEO concluded his speech by stating that “we are aware that these simple contributions will not solve all the hospital's problems, but we believe that it is an important step in the direction we want: to give health back to patients and improve the quality of life of Mozambicans in general”.

The Ministry of Agriculture and Rural Development through the International Fund for Agricultural Development (IFAD) and Moza Banco have just signed an Agreement for the Management of a Rural Enterprise Finance Project Fund (REFP) to September 2024.

This is a project whose objective is to contribute to the improvement of household livelihoods in rural areas, as well as to increase the availability of access and adaptive use - accessible, innovative and appropriate - of sustainable and inclusive financial services as well as technical support services.

To achieve the outlined objectives the project will be implemented through three technical components, with emphasis on the component of improved access to adaptable financial services for rural entrepreneurs, consisting of a Programme for Graduation, Innovation and Expansion Promotion, an Investment Mobilisation Fund and a Credit Line, all to be under Moza’s management.

Following the signing of the contract, Avelino Jeque, the Director of International Investment Banking at Moza Banco, assured Rigour, Transparency, Integrity and Ethics in the management of the funds received, “and prudential management in line with best practices, principles and values, underlying the way Moza Banco is and operates. It is our objective, as a Bank of and for Mozambicans, with a profound knowledge of the local reality, to play an active role in the country's development, collaborating with various entities, and in particular with the Mozambican Government at all levels to achieve this goal,” Jeque concluded.

Meanwhile, the coordinator of the Rural Venture Finance Project, Rufino Duvane, said that the signing of the contract with Moza Banco as the fund manager for the Rural Venture Finance Project (REFP), is a big step towards the materialisation of the project objectives, which will allow the achievement of the main goal which is the access to financial services by rural entrepreneurs, "therefore, we would like to congratulate the REFP team, the management of MADER and Moza Banco. We hope that in the short term the results of this agreement can be achieved with the conviction and the certainty that Moza Banco will know how to lead this to a successful outcome".

The representative of Moza Banco likewise congratulated the Government and other partners for their commitment and for their vision reflected by the strong investment in this component, that has already been presenting concrete and encouraging results, "we expect the Rural Enterprises Financing Project to be an irreversible gain in this area".