On September 2nd the Mozambique - Portugal Business and Investment Forum was held in Ricatla, Marracuene district in Maputo province. The event was organized by the Mozambican Government through the Ministry of Industry, in partnership with the Portuguese Government, under the theme "Promoting and Enabling Opportunities, Investments and Partnerships", and included...
Category: Market Announcements
Standard Bank forecasts a reduction in inflation by the end of the year
Standard Bank predicts a slight reduction in inflation, which has been on the rise in recent months, but says this may only happen by the end of the year, when it averages 11.7%. The peak, estimated at 12.21 PT2T, could be in August. According to the bank's chief economist, Fáusio Mussá, this scenario...
APIEX and Gapi join forces to promote investments in SMEs
Gapi and APIEX have committed to jointly carry out a program to promote investment and strengthen the national business community. In a memorandum of understanding, recently signed, they decided to start mobilizing and making available resources focused on activities to promote and expand the national business community. Signed by the president of the Executive Committee, Adolfo Adriano Muholove and...
Access Bank launches 2nd edition of 'Womenpreneur Pitch-A-Ton Mozambique 2022' competition
Access Bank Mozambique recently launched the 2nd edition of the 'Womenpreneur Pitch-a-ton Mozambique 2022' competition, aimed at empowering women business owners and entrepreneurs. The objective is to provide these women with more and better financial and business skills, so that their organizations can develop in a sustainable way. For this year's edition, women are eligible...
Fundza launches a novel and a collection at Camões
Editorial Fundza will launch the books "The Masks of Truth" by Almeida Cumbane, and "Water", a collection of chronicles that brings together texts from 19 authors. The literary session will take place on September 6, from 17h30, at Camões - Portuguese Cultural Center in Maputo. In the case of "The masks...
Absa Bank and IPEME provide assistance to young people for the development of local content
Absa Bank Mozambique and the Institute for the Promotion of Small and Medium Enterprises (IPEME), held a Workshop to promote the Mozyweb Startup, a local content development project specially designed for Young and Women Entrepreneurs focusing on the Tourism, Manufacturing, Agriculture, ICT, Health and Transport sectors. This is a multi-sectoral project,...
Tmcel invests $132 million in backbone installation
Mozambique Telecom (Tmcel) invests US$ 132 million in the modernization and expansion of the transmission network, with the installation of a high performance and reliable backbone. The improvement of the network will allow for an increase in the transmission backbone capacity, thus improving the performance in connecting clients (companies and institutions) to the internet,...
Access Bank supports Lin Group in blood collection for the National Health Service
Access Bank Mozambique was one of the sponsors of the Health Fair held on Saturday, August 27, in one of the commercial establishments of the city of Maputo, by Lin Medcare, a private clinic belonging to the Lin Group. The initiative marked the culmination of a series of blood collection sessions spearheaded by the Group,...
Millennium bim is the "Best Digital Bank in Mozambique" and the "Most Innovative Digital Bank in Africa
Millennium bim won two more prestigious international awards: it was recognized as the "Best Digital Bank in Mozambique" and the "Most Innovative Digital Bank in Africa". The awards were announced in New York, on the 10th of this month, by Global Finance, a respected international magazine for information on financial markets and...
Nacala Logistics donates hospital material to the Health sector of Nampula
Nacala Logistics recently delivered thousands of units of various hospital supplies to the Provincial Health Service of Nampula, a donation intended for local communities. The donated material includes powdered gloves, surgical masks, syringes, saline solution, and will be used at the Hospital Central de Nampula (HCN) and Hospital Psiquiátrico de Nampula (HPN)....