Mozambique—Financial Sector Deepening (FSDMoç)

Client: U.K. Department for International Development

Duration: 2014-2019

Region: Sub-Saharan Africa

Country: Mozambique

Solutions: Economic Growth

Financial Sector Deepening Mozambique (FSDMoç) is a financial inclusion facilitation unit. It is seeking financial inclusion for households and businesses through a series of public and private sector partnerships. FSDMoç is targeting increased access and improved quality of financial services for 2 million individuals and 650 businesses in Mozambique by 2019.

Sample Activities

  • Support mechanisms to improve financial capability among households and micro, small and medium-sized enterprises (MSME) to better absorb instruments delivered by financial institutions.
  • Support development of financial infrastructure to enable financial institutions to broaden and deepen services offered.
  • Collaborate with the Government of Mozambique to influence policy and regulatory changes designed to improve quality and uptake of a range of products across savings, credit, insurance, and payments.
  • Through partnerships, facilitate the development of innovative products and delivery channels that link to Mozambique’s growth sectors and are better customised to serve Mozambique’s disenfranchised populations.
  • Foster greater public-private dialogue on financial inclusion through the creation and dissemination of inclusive finance information products.
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