News

Moza strengthens trade relations at Mozambique - Portugal Business Forum
03/10/2022

 The Mozambique - Portugal Business and Investment Forum was recently held in Ricatla, Marracuene district, in Maputo province. The event was organised by the Mozambican Government through the Ministry of Industry, in partnership with the Portuguese Government, under the slogan “Promoting and Enabling Opportunities, Investments and Partnerships,” and was attended by over 500 guests, including President Filipe Nyusi and the Portuguese Prime Minister, António Costa.

For the Bank's Executive Committee member, Jaime Joaquim, the event was a unique opportunity to deepen business ties with Customers attending - established investors - and identify new business opportunities with potential partners, thereby promoting a substantial increase in business ties between Mozambique and Portugal.

“Meanwhile, due to the pertinence and relevance of the issues that were addressed by the different panels, this edition of the Forum provided important benefits to all participants, and to Moza in particular, allowing a better understanding of the challenges and opportunities in the most varied sectors particularly in Agribusiness, a sector of activity that Moza has a particular interest in boosting, recognizing its enormous potential to contribute to the country’s economic growth. Here we had the opportunity, albeit informally, to present the support solutions for this business area for which Moza has made specific financing lines available with special conditions,” the Executive Committee member, Jaime Joaquim, said.

Moza proudly associated itself to this high-level event, which appeared to be an excellent opportunity to capture business with companies, as well as to raise awareness and exposure of the Moza brand.

The Mozambique - Portugal Business and Investment Forum is an economic and commercial cooperation and promotion platform, led by the Mozambican and Portuguese Governments, which has as its key objectives:

  • Announcing Portuguese and Mozambican market opportunities, as well as financing and investment solutions;
  • Promoting and attracting investors to investment projects;
  • Publicizing entrepreneurial initiatives and best corporate practices from the private sector with inclusive and competitive impact.
Moza and FFLC launch the works of the winners of the Fernando Leite Couto Literary Prize 2022
19/09/2022

The Fernando Leite Couto Foundation and Moza Banco launched this Tuesday, the works of the FLC literary prize winners. These are the books by the writers Maya Ângela Macuácua, author of a novel titled “Diamantes pretos no meio de cristais” (Black diamonds amid crystals), and Geremias José Mendoso, with the short story book “Quando os mochos piam” (When the owls hoot).The big winners of the literary prize received a cash prize, given by Moza Banco, which is also sponsoring the publishing of the works that have been launched today.

 

Moza Banco's support to the Fernando Leite Couto Literary Prize, is part of the partnership between the Bank and the Foundation that dates back to 2019 and which aims to contribute to the promotion of literary creation, through support for book publishing, and other cultural activities of high social impact. Moza is therefore proud to be part of this landmark moment and, above all, to be able, together with the Fernando Leite Couto Foundation and its partners, to contribute to making the dreams and ambitions of talented young people in this vast Mozambique come true.

 

On the occasion, the CEO of Moza Banco Manuel Soares said that the launch of these works “is further unequivocal proof of the success of this partnership, which we hope will be renewed and expanded every day for the benefit of the development of Mozambican literature. We recognise the value of art and literature and its role in the preservation and valorisation of various artistic and cultural manifestations, of history and national identity, and it is for this reason that we unreservedly support initiatives of this nature. As a bank of Mozambicans from Rovuma to Maputo and from the Indian Ocean to Zumbo, we feel we have an added responsibility in this area.”

 

For the author Mia Couto, “This prize has a great meaning for the Fernando Leite Couto Foundation, which is to promote young people's literature, reading and the appearance of young people who would have initially had great difficulty in gaining visibility and becoming well-known. They are all deserving. I am very happy because this prize started with a national dimension and has expanded to an international dimension, these young people already have their works published in Portugal where they will be launched some time from now.”

 

The authors of the works Geremias José Mendoso  and Maya Ângela Macuácua expressed their satisfaction for the support provided by Moza Banco, the Fernando Leite Couto Foundation, and partners and have promised to continue working for the benefit of Mozambican culture.

 

The two winners stood out among other candidates such as: Fernanda Vitorino do Rosário Mualeia João, with the novel "Amor em tempos incertos" (Love in uncertain times); Wasquete Jasse Fernando, with the novel "Noites de desassossego" (Nights of restlessness) and Adelino Albano Luís, with the short story book "Estórias trazidas pela ventania" (Stories brought by the windstorm).

 

Mozambican culture can count on Moza!

Moza strengthens partnership with Small and Medium Enterprises Association
16/09/2022

In response to an invitation by the Association of Small and Medium-Sized Enterprises of Mozambique (APME), Moza Banco recently attended the swearing in ceremony of the APME delegation in the province of Zambezia, in Quelimane Maputo.

The Moza's participation was part of the memorandum in force between the Bank and APME, signed in 2019, and which aims to provide the members of this association of entrepreneurs throughout the country with access to financing under special conditions, including their financial advice or counselling, benefiting from the extensive experience and in-depth knowledge of the local reality offered by Moza Banco.

 

According to the representative of Moza Banco in Quelimane, Ângelo Taka, "Moza Banco has dedicated a special focus on this segment of companies, through the creation of specific solutions that aim to stimulate their emergence, development and sustainability. It was within this vision and acknowledging the important contribution of the Small and Medium Enterprises Association as an entity that represents the SMEs at a national level, in promoting and defending the interests of all the Small and Medium Entrepreneurs, that we established a Memorandum of Understanding with APME".

Small and medium-sized enterprises represent the largest number of legally registered economic units, however, their contribution in terms of gross domestic product and employment is still relatively low, and they face several challenges at the business environment level, therefore "we have a diversified offer, with tailor-made solutions, where we highlight solutions for the day-to-day management of the company; solutions to meet treasury needs; as well as credit solutions to finance investment needs: whether to create, expand, modernise or develop the activity of companies", added Ângelo Taka.

Moza Banco has the third largest branch network in the country, comprising 64 business units spread throughout the provincial capitals and some districts and towns. It is Moza's ambition to be a preferred bank for SMEs, responding quickly and affirmatively to their requests and demands but, above all, supporting SMEs with innovative financial solutions.

Moza Banco Board Chairman receives award for Inspirational Business Leadership
05/07/2022

The Chairman of the Board of Directors, João Figueiredo, was in London on Monday, where he received the trophy and certificate for the African Inspirational Business Leadership Award, recently attributed to him by the pan-African publication.

The ceremony to award the winners of the 2022 edition of the African Business Leadership Awards (ABLA) 2022 was the highlight of the 7th Africa - London 2022 Summit, held in the British capital, with the theme – “Rethinking African Trade and Partnership Possibilities.”

Reacting to the award the Board Chairman highlighted how prestigious the distinction is: This honourable distinction has only taken on a special meaning to the extent that I feel it corresponds to an ambition that has guided my life, which is, to try, together with the teams that have accompanied me, to work towards a better society and, through our example, to motivate others to be like-minded. The award I have just received is also, without doubt, an enormous incentive for Moza Banco, the organisation I have the honour of presiding over, and for its employees in general, and is an encouragement for them to continue working hard, with the rigour, ethics and professionalism that characterise us, so that the Bank may continue to follow this successful trajectory.”

The award for the Chairman of the Board of Directors of Moza Banco was announced last June, in recognition of his exceptional leadership capacity within a context of change.

This is the second time that African Leadership has recognised the Chairman of the Board of Directors at Moza Banco this year, having awarded him the prize for “excellence in business management in Africa” in February.

João Figueiredo congratulated African Leadership Magazine, the sponsor of the African Business Leadership Awards (ABLA) and organiser of this ceremony which brought together distinguished individuals from various spheres on this initiative, as through these distinctions awarded to individuals of recognised merit, it has contributed to promoting excellence in business management, thereby boosting the development of the African continent.