Small and medium-sized enterprises (SMEs) in the Zambezi Valley and the Nacala Corridor are to benefit from 15 million dollars in funding from the World Bank, as part of the economic connections project called Conecta Negócios. The project is coordinated by the Ministry of Economy and Finance and is to be implemented in the center and north of...
Millennium bim, a leading credit institution in Mozambique, and Empresa Nacional de Hidrocarbonetos (ENH), the state's commercial arm in the oil and gas industry, are pleased to announce the signing, on August 1, 2023, in Maputo, of a strategic Memorandum of Understanding (MoU), marking an important commitment to the...
Access Bank Mozambique reaffirmed the desire to continue to contribute to the economic and financial development of micro, small and medium national companies (SMEs), through the creation of mechanisms that facilitate the bureaucratic processes and boost business. The intention was manifested during the Mozambique-Nigeria Investment Forum, held on the 29th and 30th of...
PHC Software Moçambique, a company dedicated to the development of management software, encourages Mozambican Small and Medium Enterprises (SMEs) to join the digitalization of their companies in a phased manner, in order to follow the global dynamics of digital transformation. According to PHC Software, phased investment is less costly and can be within the reach of...
About 25 small and medium sized companies successfully concluded the first training and support program for entrepreneurship called iCreate. The training was sponsored by Eni Rovuma Basin, in partnership with the Standard Bank Business Incubator. According to a press release, the program was implemented as part of the plan...
The South African oil company Sasol held Local Content roadshows between October 26th and November 2nd in Govuro, Inhassoro, Maxixe (Inhambane districts) and Maputo, as a way to promote the growth of the regions where Sasol operates. The sessions, in which local businessmen participated, aimed at promoting business opportunities in the scope of the...
Standard Bank launched, this Wednesday, a contest to support small and medium national companies. The idea is to encourage SMEs to increase their business. The value will only reach the target after a selection process. The bank's contest is called "Standard Bank Accelerates Your Business" and has as a maximum prize 18 euros...
The armed violence in Cabo Delgado has damaged the micro, small and medium enterprises (SMEs) sector in the province by about 42 million meticais, said Tuesday the Minister of Industry and Trade, Carlos Mesquita. Not only businesses have added up to losses. Since October 2017, armed attacks have caused the destruction of hundreds of...