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Mozambique: Social Security to invest in Development Bank

The Development Bank of Mozambique will receive part of the revenue from the extractive sector and up to 25% of Mozambique’s Social Security investments. The bank will have initial capital of 32 billion meticais (€444.4 million). The regulation of the law establishing the Development Bank of Mozambique (BDM), recently…

Club of MozambiqueBy COM
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Mozambique: Social Security to invest in Development Bank
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Club of Mozambique.

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Original headline: “Mozambique: Social Security to invest in Development Bank”

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