Mozambique Market Profile

August 16, 2014 - 5:03am from MicroCapital
The International Development Association (IDA), the arm of the World Bank Group (WBG) that offers interest-free credits and grants to the world’s 82 poorest countries, is planning to disburse a grant of USD 22 million to support the “Tajikistan Agriculture Commercialization Project”[1] of the government of Tajikistan. This project will provide access to loans and grants to small farmers from the government as well as contributing to capacity building among farmers. With the help of the ...
August 14, 2014 - 11:21am from MicroCapital
The African Development Bank (AfDB), a multilateral finance institution based in Tunisia and gives loans and grants to governments and private companies in Africa, reportedly has raised NGN 12.95 billion (USD 80 million) by issuing a 7-year local-currency bond in the Nigerian market. The bank previously received approval from the Security Exchange Commission of Nigeria, the government agency mandated to regulate the Nigerian capital market, to issue medium-term notes worth NGN 160 billion ...
August 12, 2014 - 5:03am from MicroCapital
Vodacom South Africa, which is controlled by UK-based Vodafone Group, reportedly has relaunched its M-Pesa mobile payment system in the country. Originally created and marketed by Vodacom in 2007 in Kenya, M-Pesa was made available in South Africa in 2010, but was suspended earlier in 2014 due to a lack of customer interest. The relaunched system is based on a “voucher system for topping up a mobile wallet” and allows customers to withdraw funds without using a card at automated teller ...
July 25, 2014 - 3:10pm from MicroCapital
Gemalto, a publicly traded digital security firm located in the Netherlands, reportedly has announced its support of the Pan-African Mobile Health Initiative (PAMI), which uses mobile phones to address issues in nutrition and maternal and child health in seven African countries. The PAMI initiative is run by the UK-Based GSM Association, a group of 800 mobile operators and 250 other companies worldwide that promotes the Global System for Mobile communications (GSM), formerly known as ...
July 25, 2014 - 5:03am from MicroCapital
The World Bank Group (WBG), a US-based multilateral financial institution recently approved a USD 25 million financing package consisting of a loan of USD 12.5 million and a grant of USD 12.5 million to support the “First Programmatic Financial Sector Development Policy Operation (DPO)”[1] of the government of Mozambique. The funding will be disbursed through the International Development Association (IDA), the member of WBG that offers interest-free credits and grants to the world’s 82 ...
July 18, 2014 - 1:53am from Microfinance Gateway News & Opinion
June 13, 2014 - 5:03am from MicroCapital
MicroEnsure, a UK-based, for-profit microinsurance company founded by US-based NGO Opportunity International, has announced that it has raised a total of USD 10.4 million from six investors including some of the company’s past investors: Opportunity International; the International Finance Corporation (IFC), the private-investment arm of the World Bank Group; Omidyar Network, a US-based social investment firm; and Telenor Group, a telecommunications company based in Norway. In addition to ...
June 5, 2014 - 5:03am from MicroCapital
The Commercial Bank of Africa (CBA), a privately owned bank that operates in Kenya, Tanzania and Uganda, and Vodacom Tanzania, a subsidiary of UK-based telecommunications company Vodafone Group, recently announced the launch of a money mobile service called M-Pawa. This service will enable people “to save and borrow money on their mobile phone”[1]. Through the service, customers can save as little as TZS 1 (USD 0.0006) and borrow from CBA in amounts based on their savings history. M-Pawa ...
June 5, 2014 - 3:14am from BRAC Blog
This article was originally posted on theguardian.com by Mahabub Hossain on May 29, 2014. Increasing nutrient levels in staple crops will improve health, but they need to be promoted by politicians and business.
May 27, 2014 - 10:30pm from MicroCapital
Vodafone Group Private Limited Corporation, a British mobile network operator, and ICICI Bank, a commercial bank in India, reportedly have launched a pilot service to deliver subsidies to individuals via M-Pesa, a mobile-money system developed by Vodafone from Janani Suraksha Yojna, a government scheme to decrease neo-natal and maternal deaths by providing delivery and post-delivery care. Under the terms of the deal, Mobile Commerce Solutions Limited (MCSL), Vodafone’s subsidiary in ...
May 26, 2014 - 5:42pm from MicroCapital
The Acumen Fund, A New York-based nonprofit venture fund, and the Adolf H Lundin Charitable Foundation, a Liechtenstein-based nonprofit organization, have invested an aggregate sum of USD 1.5 million in an unspecified combination of equity and debt in Esoko Networks Limited (Esoko) of Ghana, a technology platform that aims to strengthen the connection between farmers and markets in Africa with the use of mobile phones. The investment aims to help Esoko grow and expand its operation into ...
May 14, 2014 - 6:40pm from MicroCapital
Advans Pakistan Microfinance Bank, a member of the Advans SA group that offers financial services to micro-, small and medium-sized enterprises (MSMEs) in Pakistan, has joined with MicroEnsure Pakistan, a subsidiary of the UK-based MicroEnsure insurance agency, and Eastern Federal Union Life, a private-sector life insurance company in Pakistan, to introduce “Enhanced Credit Cover” for its borrowers. This insurance includes “Credit Health,” which covers loan payments for borrowers in the ...
May 8, 2014 - 5:03am from MicroCapital
The African Development Bank (AfDB), a multilateral institution that provides loans and grants to governments and private companies in Africa, recently announced that it will issue a local-currency credit line equivalent to USD 9 million to Moza Banco, a private financial institution that focuses on small and medium-sized enterprises (SMEs) in Mozambique. This loan is intended to finance SMEs in areas such as agriculture, manufacturing, trade, tourism and construction. Moza Banco ...
May 1, 2014 - 1:02pm from Microfinance Nigeria
Costs and lack of data are major challenges in de development of agricultural insurance in Africa. These problems have effectively been addressed and solved by EARS Earth Environment Monitoring from Delft, the Netherlands. The company has successfully developed and demonstrated a Meteosat based index insurance system that can provide affordable drought and excessive precipitation insurance to every farmer in Africa. The final technical report has just been published and is now available ...
May 1, 2014 - 1:01pm from Microfinance Africa
Costs and lack of data are major challenges in de development of agricultural insurance in Africa. These problems have effectively been addressed and solved by EARS Earth Environment Monitoring from Delft, the Netherlands. The company has successfully developed and demonstrated a Meteosat based index insurance system that can provide affordable drought and excessive precipitation insurance to every farmer in Africa. The final technical report has just been published and is now available ...
April 15, 2014 - 6:33pm from CGAP Microfinance Blog
With CGAP's Smallholder Financial Diaries project underway in Pakistan, Tanzania and Mozambique, it’s worth taking a step back and reminding ourselves why we chose this particular methodology to better understand smallholder farmers. After all, Financial Diaries are not the only research tool that we could have used.A carpenter picks a tool depending on what he needs to do with the wood before him – research is no different. Two parameters that tend to guide the method used in research are: ...
April 14, 2014 - 3:07pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Communications Associate, CFI M-Pesa, the mobile money service success story that began in Kenya in 2007 is continuing its march, this time into the surprising location of Romania, raising the questions, what will the product look like in this new European market and how will it fare. At the end of last month Vodafone, the operator ...
April 7, 2014 - 7:13pm from CGAP Microfinance Blog
The preparations for the smallholder farmer household financial diaries continue in Tanzania, Pakistan and Mozambique. Here we discuss the site selection process in Tanzania, which we completed in advance of the sampling and recruiting of households.
April 2, 2014 - 10:23pm from CGAP Microfinance Blog
CGAP and Bankable Frontier Associates (BFA) have commenced our study that examines the financial lives of smallholder agricultural families in Mozambique, Pakistan, and Tanzania. BFA, working with local research partners, recently completed site selection scoping missions in all three countries, where we were looking for areas that our local partners could access relatively conveniently, for example, those with good roads during the rainy season.
March 28, 2014 - 2:25pm from Global development: Poverty matters blog | guardian.co.uk
There was the Ugandan minister who defended raping girls as "natural", echoing a similar attitude among Nigerian lawmakers. In Somalia, a court