The Mozambican Insurance Company (EMOSE) is going to set up a fund to finance small and medium-sized enterprises (SMEs) next year, according to the Chairman of the Board of Directors, Janfar Abdulai. The fund, with initial capital of 500 million dollars, will be set up with a strategic partner of EMOSE, and should focus on companies dedicated to...
Tag: Small and Medium Enterprises (SME)
BNI and Afreximbank launch financing line for small exports
The National Investment Bank (BNI) and the African Export-Import Bank (Afreximbank) on Wednesday made available a 25 million dollar financing line for companies dealing with small exports. The banks' loans are aimed at boosting exports by Mozambican small and medium-sized enterprises (SMEs) in the productive sector with...
Société Générale opens SME House and expands financing line
Last Friday (23/06), Banco Société Générale Moçambique inaugurated a space reserved for Small and Medium-sized Enterprises (SMEs), called Casa das PME, in Maputo. This project consists of training SMEs, from the managers of companies affiliated to the bank, to the general public interested in developing a particular business as an SME....
"Only political will can bring gains for SMEs"
The establishment of partnerships that enable knowledge sharing between large industries and Mozambican Small and Medium Enterprises (SMEs) is one of the main issues for the development of the local business sector. Political will is seen as the great solution to leverage SMEs and develop the country. This vision was defended,...
Best exporting SME in Mozambique awarded
The Small and Medium Enterprises (SMEs) exporters of 2021 guarantee to increase production in order to reduce the number of imports and leverage the country's economy. For those companies that have exported the most to the United States of America and South Africa, there is a need to continue to elevate the country by exporting in large quantities.
Chamber of Commerce guarantees SME participation in mega-projects
Mozambican Small and Medium Enterprises (SMEs) will be able to actively participate in the supply chain of goods and services to the coal, oil and natural gas industry, according to the Mozambican Chamber of Commerce (CCM). For now, CCM is working on empowering the national business community to better respond to the main...
European Chamber of Commerce suggests reforms to attract investors
The Association of European Chambers of Commerce (EUROCAM) defends the maintenance of permanent dialogue between the Government and the private sector, and application of "courageous" reforms for Mozambique to attract more Foreign Direct Investment. EUROCAM also points out the need for the Government to invest more in Small and Medium Enterprises (SMEs). According to the president of the association,...