The Mozambican government is working to create conditions that will transform economic activity into financeable assets through digitalisation, data integration and the use of new financial technologies — enabling businesses, farmers, traders and small operators to gain greater access to credit and investment.
The position was advanced on Wednesday by Finance Minister Carla Louveira at the opening of the fourth edition of the Banking, Financial Services and Insurance Mozambique conference (BFSI 2026), held in Maputo under the theme ‘Transforming Economic Activity into Financeable Assets: The Role of Digital Integration and Data’.
According to the minister, the theme chosen for the conference is aligned with the governance agenda of President Daniel Chapo, which is oriented towards strengthening sovereignty and economic resilience. ‘The theme that this edition of BFSI proposes to debate could not be more aligned with the core of the governance agenda of His Excellency the President of the Republic of Mozambique, Daniel Chapo, of sovereignty and economic resilience, since it calls us to the need to transform economic activity into financeable assets through digitalisation, data integration and the use of new financial technologies,’ she said.
Louveira stated that Mozambique possesses a vast range of natural resources capable of driving the economy, provided they are properly valued and converted into assets that generate financing. ‘Mozambique is rich in natural resource assets — forestry, fisheries, tourism — and these resources can be transformed into assets and capitalised for the benefit and transformation of our economy,’ she said.
The minister acknowledged, however, that a large share of economic activity remains concentrated in the informal sector and in small enterprises that, despite being economically viable, are unable to access the financial system due to a lack of information demonstrating their capacity to generate income. ‘A significant portion of economic activity occurs in the informal sector or in small enterprises that, although economically viable, do not have sufficient financial information to demonstrate their capacity to generate income and repay financing,’ she said.
For this reason, she added, these operators face difficulties in accessing bank credit, private investment and capital markets. In the minister’s view, digitalisation will change this by generating credible economic information about economic agents. ‘As businesses, farmers, traders and service providers begin to use digital systems for payments, electronic invoicing, tax records, bank accounts, mobile wallets and e-commerce platforms, a set of data is generated that enables a better assessment of their economic performance, revenue history, payment patterns and risk profile,’ Louveira said.
The minister stated that the government has been creating the legal, technological and institutional conditions to bring about this transformation. ‘The Government of the Republic of Mozambique has been leading by example in the technological modernisation of the state, at the level of systems reform and legal reform. This reform aims to create the legal, procedural and systems foundation so that economic activity can effectively be transformed into financeable assets,’ she said.
In this context, Louveira highlighted the consolidation of e-SISTAFE — the government’s information platform operationalising the State Financial Administration System — and its interoperability with mobile wallets, the implementation of an integrated system for tax administration, the creation of a national economic data ecosystem, and the development of platforms such as digital identity, the Citizen Portal and the State Payments Platform. She said these measures will contribute to increasing transparency, digital inclusion and public trust in institutions.
The government is also implementing legal reforms to keep pace with the digital transformation of the economy, including the modernisation of the insurance sector, the creation of the Mozambique Development Bank, the approval of the new National Payments System Law and a proposed Collaborative Financing (crowdfunding) Law — instruments she described as fundamental to broadening the sources of financing for the economy.
On the fiscal front, Louveira assured that the revision of tax legislation is not aimed at raising taxes. ‘The intention is not to charge more from those who already pay, but to ensure that everyone pays fairly through better capture of digital financial transactions,’ she said. The minister explained that amendments to the VAT, personal income tax (IRPS) and corporate income tax (IRPC) codes are intended to simplify compliance with tax obligations and use data intelligence to gradually integrate the informal economy.
In the closing remarks of her address, Louveira argued that the structural reforms under way should strengthen Mozambique’s position in the regional and international context, increasing investor confidence and making the country more competitive. ‘We are pursuing an even greater objective, which is to robustly project Mozambique’s position in the regional and international context,’ she said.
The minister concluded by inviting banks, insurers, fintechs and development partners to participate in the consolidation of the new national financial ecosystem, expressing her conviction that collaboration between the government and the sector would ‘transform challenges into opportunities through digitalisation, towards a modern, competitive and sustainable economy.’
The BFSI 2026 conference runs over two days and brings together government members, regulators, representatives of financial institutions, banks, insurers, fintechs, investors, cooperation partners, business executives and specialists to discuss solutions aimed at accelerating digital transformation, strengthening financial inclusion and promoting the development of the national financial system.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/07/22/economia/digitalizacao-vai-permitir-converter-a-actividade-economica-em-activos-financiaveis-defende-governo/
