Vista Group Holding has completed the acquisition of 100% of Banco Société Générale Moçambique, in a process of expanding its presence in African markets. The eight branches will be renamed Banco Vista Moçambique. During the process of formalizing the acquisition, the chairman of Vista Group Holding, Simon Tiemtore, stressed that the...
Category: Market Announcements
Puma Energy launches "Go Africa!" campaign
Puma Energy, the world's leading energy company, is launching its "Go Africa!" brand campaign across the African continent. The campaign, inspired by the soul and rich diversity of Africa, embodies Puma Energy's purpose of energizing communities. Puma Energy has been deeply committed to supporting the...
Access Bank partners with MEGA and Lokal for coffee capsule reuse project
Access Bank has established new partnerships with MEGA Distribuição de Moçambique, SA and the Lokal supermarket chain to strengthen its project to reuse coffee capsules and reach more people. With these collaborations, customers and the general public will have new collection points for coffee capsules...
Mozambique, Malawi and Tanzania sign memorandum of understanding for the Joint Management of the Rovuma River Basin
BHOThe countries of the Rovuma River Basin - Malawi, Mozambique and Tanzania - signed a Memorandum of Understanding in Dar es Salaam on July 31 in search of stronger cooperation in water management. The MoU will be the reference point for future discussions on cooperation efforts in water management...
Absa's Ready to Work is now present in the center of the country
Absa Bank Mozambique is holding the 8th edition of its Ready to Work program, which this year aims to reach 5,000 more young people across the country. For the first time, in 2024, the program will expand to the central region, in the provinces of Manica, Sofala, Zambézia and Tete, marking a significant milestone in the training of young people...
Imprensa Nacional/Eugénio Lisboa Prize: Applications open from August 1st to September 30th
From August 1st to September 30th, applications are open for the Imprensa Nacional/ Eugénio Lisboa Prize, an award instituted by the Imprensa Nacional-Casa da Moeda [INCM], which annually honors unpublished works in the field of literary prose. All Mozambican citizens (residing in Mozambique or abroad) or foreign citizens residing in the country can apply for the...
German investors invited to invest in the energy sector
German entrepreneurs and investors are invited to invest in the energy sector and finance initiatives that promote access to energy (especially in rural areas) in order to boost the local economy and promote development. The invitation was made during a round table in Maputo between the German Embassy and representatives of the Ministry of...
MozParks presents investment opportunities at the Arab Investment Forum
MozParks, the official developer and operator of industrial parks in Mozambique, took part in the Arab Investment Forum held this week in Maputo. The event, organized by the Government of Mozambique in partnership with the Arab Bank for Economic Development in Africa (BADEA) and the Agency for the Promotion of Investment and Exports (APIEX), provided a vital platform...
Twenty-six new Mozambican scholarship holders leave for France
Twenty-six scholarship students from various corners of the country left for France today on scholarships for higher education, awarded by the Mozambique LNG Project, operated by TotalEnergies. This is the fourth edition of the scholarship program, developed in partnership with the French Embassy in Mozambique and in line with the government's...
Bacelabet announces partnership with Mpesa
Last Thursday, July 18, Bacelabet announced its partnership with Mpesa at a contract signing ceremony for both institutions. The event, which was held in Maputo in an atmosphere of entertainment, was to announce the partnership created between Bacelabet and Mpesa, as part of its...