Last Updated: 21 March 2019
In the context of the partnership between the Mozambique Stock Exchange and the Confederation of Economic Associations of Mozambique (CTA). On March 14 and 15, 2019, BVM participated in the Annual Private Sector Conference (CASP), which took place this year under the motto "Improving the Business Environment to Accelerate Economic Recovery: Agro- Business as an Accelerator Factor."
During the event, BVM's PCA, Salim Cripton Valá, was the "Key Note Speaker" on the panel that focused on the "Alternatives for Financing SMEs" on 13 March. Valá argued that the capital market could be part of the solution to the difficult access of SMEs to financing, and that the Stock Exchange also serves to foster innovation, entrepreneurship, good corporate governance and business ethics. He emphasized that BVM has SMEs on its radar and since 2009 has a specific market for these types of companies, and is reflecting on the need to have a market for start-up.
In its explanation, BVM's PCA pointed out that there are good experiences in Africa of using innovative financing mechanisms for SMEs, highlighting initiatives such as "Crowdfunding", "Business Angels", "Leasing", "Factoring", Funds of Venture Capital, Microfinance, which Mozambique can adopt.
Inspired by Prof. Muhammad Yunus, author of the book "The Banker of the Poor and Nobel Peace Prize Laureate in 2006, said that it is necessary to believe and trust SMEs, women and young entrepreneurs, and technologies. Without this belief, we will hardly have financial inclusion.
In the context of CASP, BVM exhibited its products and services at "Expo CASP", a specialized trade fair for suppliers of goods and services for the oil, gas and mining industry, as well as economic promotion and financial institutions. In this context, he was pleased to receive, on his stand, the visit of His Excellency Filipe Jacinto Nyusi, President of the Republic of Mozambique, on 14 March.Event Photos