Mozambique approved the operating rules for its new development bank on 25 August 2026, the last step before a 32 billion meticais lender can open.
MOZAMBIQUE · FINANCE
Key Facts
—What happened: The Council of Ministers approved the regulation that operationalises the Banco de Desenvolvimento de Moçambique on 25 August 2026.
—Where: At the 25th ordinary session, held in Chimoio in Manica province.
—The law behind it: Law 17/2026 of 15 June. Parliament had approved the bank’s creation by consensus on 9 May.
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