Mozambique business leaders launch new credit mechanism and join global nutrition talks

The Confederation of Economic Associations of Mozambique (CTA) and the Bank of Mozambique have resumed dialogue to address economic challenges facing the private sector. A key outcome of their recent meeting is the announcement of a new 18-month financing mechanism designed to stimulate credit for companies that contribute to import substitution or increased exports.

Under this new regime, commercial banks will be permitted to deduct an amount from their mandatory reserves equivalent to new credits granted to qualifying businesses. For investment financing, the MIMO rate—currently set at 9.5 percent—will serve as a reference, while treasury financing will include an additional margin. The initiative aims to improve credit access, which has remained relatively stable despite lower interest rates, by utilizing the Mutual Guarantee Fund to mitigate associated risks.

Separately, CTA President Álvaro Massingue is representing Mozambican business interests at an international meeting of the Nourishing Food Pathways (NFP) program in The Hague. As the Private Sector Champion for Nutrition in Mozambique, Massingue is advocating for the integration of business priorities into international debates on food system transformation, specifically focusing on market access and financing for the agribusiness and food industry sectors.