The University of Coimbra (UC) and the Mozambique Stock Exchange (BVM) signed a memorandum of understanding on Wednesday (24) with the aim of strengthening international co-operation between the two entities.
The document initialled by the rector of the UC, Amílcar Falcão, and the BVM’s chairmans, Salim Valá, on the sidelines of the Mozambique-Portugal Business Forum, held in Lisbon, provides for the establishment of academic, scientific and cultural cooperation, with a priority focus on collaboration in the areas of economics, law, management, accounting and auditing and communication and information technologies.
“Within the scope of the agreement, the parties will develop actions to train human resources, joint participation in academic events and research activities to improve management systems and good corporate governance,” said a publication by Notícias UC.
For the head of BVM, this cooperation will help his organisation improve the regulatory framework for the capital market and stock exchange, benefiting from the good practices used in the European capital market.
“Through this partnership with the University of Coimbra, BVM aims to gain access to opportunities for technological modernisation and to gather relevant experience for the introduction of new financial products and instruments,” he added.
The two institutions also intend to collaborate in attracting Portuguese and European investors to the Mozambican market and to carry out studies and consultancies to help boost the country’s secondary market.
What is the University of Coimbra?
The University of Coimbra (UC) is a public institution located in the city of Coimbra, Portugal. It is one of the oldest universities in the world still in operation. Comprising three centres, eight faculties and 18 museums, it also has a botanical garden and the Coimbra University Stadium.
The UC has approximately 25,000 students, making it one of the largest international student communities in Portugal. It is also the founding member of the Coimbra Group, a network of European universities whose aim is academic collaboration between the members of the group. On 22 June 2013, it was declared a World Heritage Site by the United Nations Educational, Scientific and Cultural Organisation (UNESCO).
At world level, it also stands out for its alignment with the United Nations’ sustainable development goals, having reached 21st place in the ranking published by Times Higher Education (THE) magazine, which includes more than a thousand universities and polytechnics from around the world.
