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Mozambique
30 August 2023
Afreximbank and China Development Bank sign USD 400 million Loan to Support African SMEs
China Development Bank (CDB) signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a USD 400 million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa.
06 June 2023
Mozambican banking sector profits jump 44% with economy speeding up
The Mozambican banking sector faced an improvement in domestic economic growth in 2022 and saw profits jump 44% due to healthy margins and lower provisions, according to Eaglestone Securities.
22 May 2023
China invested USD 1 billion in Mozambique since 2017
China has invested around USD 1 billion in Mozambique, mainly in infrastructure, since 2017, according to the African country´s Government.
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