Latest articles from Mozambique

Mozambique's CBG targets inclusive growth

Mozambique's economy has performed strongly in recent years, and the country's central bank governor, Ernesto Gove, describes how he intends to build on this growth with, among other things, more liberal investment policies, while also ensuring that opportunities are open to local businesses and profits benefit the entire population. 

Mozambique stands on the brink of better times

Mozambique stands on the brink of better times

Mozambique's banking market is on the verge of a significant shake up, with new challengers entering the market and the country on the brink of a natural gas boom. 

Mozambique's economy has performed strongly in recent years, and the country's central bank governor, Ernesto Gove, describes how he intends to build on this growth with, among other things, more liberal investment policies, while also ensuring that opportunities are open to local businesses and profits benefit the entire population. 

Mozambique CBG strives for financial sophistication

Central bank governor Ernesto Gove is bullish about Mozambique’s economic prospects, but acknowledges that the banking sector and capital markets need to be developed for the country to truly benefit from its energy boom. 

Mozambique stands on the brink of economic transformation

Mozambique’s recently discovered gas and coal reserves have turned it into one of Africa’s brightest prospects. However, plenty of reforms will be needed before its riches trickle down to the poorest parts of the population.

Mozambique’s strong run

Mozambique’s banks on a good run

Mozambique’s banking sector has grown rapidly in recently years, on the back of the country’s resources boom, and neither the country's large current account deficit or political tensions seem likely to scupper its health.

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.

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