EIB returns to Mozambique through €10 million commitment to Moza Banco

EIB returns to Mozambique through €10 million commitment to Moza Banco

The European financial institution, which has not been active in the southern African country, is opening a credit facility with the sixth-largest bank in Mozambique for SMEs focused on women-run businesses.

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            ▪ EIB returns to Mozambique through €10 million commitment to Moza Banco

▪ The European financial institution, which has not been active in the southern African country, is opening a credit facility with the sixth-largest bank in Mozambique for SMEs focused on women-run businesses.

https://www.africabusinessplus.com/en/814680/eib-returns-to-mozambique-through-e10-million-commitment-to-moza-banco/

With no new commitments to Mozambique since 2020 – and then only as a €100 million emergency package of several facilities to deal with the consequences of cyclones Idai and Kenneth – the European Investment Bank (EIB) is finding its way back into Maputo.

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