Mozambique: Fiscal conditions crucial for growth of capital markets

Mozambican Finance Minister Carla Louveira believes that the growth of the country’s capital market depends on favourable regulatory, fiscal and institutional conditions. According to the minister, who was speaking at a ceremony marking the 2026 awards of the country’s Stock Exchange (BVM), on Wednesday, healthy development requires diversified and sustainable sources of financing, based on the mobilization of domestic savings and foreign investment. “The capital market is, in this context, an unavoidable instrument, not only as an alternative to bank financing, but as a mechanism for democratizing access to investment and strengthening the national business fabric”, she claimed.

During the ceremony, the BVM renewed agreements with its partner organisations from Angola and Cape Verde. According to Louveira, cooperation with the Angolan Debt and Securities Exchange (BODIVA), and the Cape Verde Stock Exchange (BVCV), is a concrete lever for the development of African markets and “it’s more than a diplomatic exercise.” “Regulatory harmonization, technological integration, the joint development of new financial products, and the shared capacity building of human resources are vectors that directly contribute to the competitiveness of our markets and to attracting investment”, she said. The Minister also called for regional interconnection, claiming that cooperation with Angola and Cape Verde is a strategic opportunity for positioning the Mozambican market within the African space and in a broader international context.