In Mozambique, we are involved in exploration, development, and production of hydrocarbons and natural gas, as well as in the refining and chemical sectors. At the same time, we promote the growth of local entrepreneurship and help improve the competitiveness of small and medium-sized enterprises through incubation and training programmes. Initiatives aimed at increasing food security and developing agricultural value chains, such as the #Ideate bootcamp and the iCreate entrepreneurship support programme, part of the Coral South project, support the growth of SMEs in the country, strengthen the economy, and improve the quality of products and services available in the local market.
We adhere to the 2030 Agenda for Sustainable Development promoted by the United Nations, and economic diversification is an important area of intervention for the development of the countries in which we operate, such as Mozambique. The promotion of entrepreneurial activities in a long-term sense encourages the creation of new job opportunities for people and companies.
Activity start date: 2019 – present
SDG 8 Decent work and economic growth
NCBA CLUSA
Standard Bank
Our work in the country also consists of promoting the development of the various sectors of entrepreneurship, crafts, agriculture and services, through support programmes aimed at improving the competitiveness of small and medium-sized enterprises in the country.
To support the development of SMEs in Mozambique, our collaboration with The National Cooperative Business Association Clusa International (NCBA CLUSA), which began in 2022, has enabled us to launch a food security enhancement programme through the development of new agriculture-based value chains.
The aim is to improve farmers' incomes in Manica Province through the adoption of Climate Smart Agriculture (CSA) practices and technologies, while simultaneously expanding market access for small producers. Activities we have undertaken include monitoring visits, technical assistance, and support in marketing agricultural products.
Our partnership with Standard Bank’s business incubator, aimed at fostering the development start-ups and SMEs, has allowed us to implement a number of diversified programmes. For instance, the #Ideate bootcamp was part of a programme designed to enhance the competitiveness of local companies and promote potential business opportunities across different value chains outside of Oil & Gas.
The iCreate programme, aimed at supporting SMEs that have been operational in the market for at least two years, was part of the Local Content initiatives under the Coral South project, which focuses on gas resource development in the Rovuma Basin. The goal of this initiative was to generate greater competitiveness and long-term sustainability for businesses. In all these past and ongoing initiatives, we place special emphasis on integrating the gender perspective into the cycle of the business projects we select.
involved and trained in improved agricultural production and conservation agriculture techniques
will be involved in our agricultural campaign
distributed
(small and medium enterprises) selected for the iCreate programme
involved and trained in improved agricultural production and conservation agriculture techniques
will be involved in our agricultural campaign
distributed
(small and medium enterprises) selected for the iCreate programme
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