Latest articles from Mozambique

Standard Chartered ups Africa game

Standard Chartered pushes further into Africa

Standard Chartered already has one of the largest African businesses among banks from outside the continent, but it still wants to increase its operations there substantially in the next few years. Diana Layfield, its chief executive for Africa, tells Paul Wallace how.

Banks to watch in 2013, Banco Único

The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Opened in mid-2011, Mozambique-based Banco Único is already close to breaking even and its bold ambitions for the future make it one to watch in 2013.

commodities finance TEASER

Emerging market banks stake claims in commodities

With balance sheet clean-ups continuing in Europe and the US, banks in emerging markets have grabbed the opportunity to forge stronger relationships with local commodity producers. 

Mozambique oils the wheels of economic growth

While the recent discovery of natural gas will certainly boost Mozambique's economy, the country's president, Armando Guebuza, recognises that it will not be enough to pull the country out of poverty and end its reliance on aid. To achieve this, it will be necessary to promote growth in other areas, such as agriculture and tourism, in order to create a more diverse and sustainable economy.

TEASER-JohnHyman

Renaissance Capital investment bank head seeks emerging market niche

After leading Morgan Stanley’s equities business outside the Americas, John Hyman is working to position Renaissance Capital as a focused player in a number of very different markets across emerging Europe and Africa.

African banks seek expansion beyond home markets

African banks seek expansion beyond home markets

African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.

Two-fifths of Mozambique's GDP comes from farming and food

Mozambique looks to boost fledgling capital markets

Mozambique’s capital and financial markets remain small and undeveloped, a situation that will have to change if the country is to sustain its rapid growth and diversify its economy.

Mozambique's Moatiza mine

Mozambique looks beyond mega projects

Mozambique’s economy is booming and unlikely to slow down anytime soon. But the majority of the growth is down to its abundant natural resources, which has not trickled down to the bulk of the population. The government is now focusing on boosting the rest of the economy.

Africa’s new leaders: The next generation

Good news from Africa is often drowned out by a tide of negative reporting. The Banker aims to combat this by profiling the achievements of leading young Africans. Writer Charlie Corbett.

Investors look eastwards

While Africa’s oil and mineral-rich western regions dominate the headlines, Mozambique has slowly but steadily been turning investors’ heads towards the continent’s east coast. Charlie Corbett reports.

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