Mozambique: Northern Mozambique Still Faces Poor Financial Service Coverage

Mozambique: Northern Mozambique Still Faces Poor Financial Service Coverage

Maputo -- The Bank of Mozambique, in its role as regulator of the national financial system, has revealed that the country's northern provinces (Nampula, Cabo Delgado and Niassa) still face poor financial service coverage.

Northern Mozambique’s Financial Divide: The Battle to Connect Millions to the Digital Economy - Commonwealth Union

With the passing of time, mobile phones connect people to various financial as well as commercial services everywhere in the world. However, some areas in Northern Mozambique still suffer from isolation, which hampers both development and the financial independence of the local communities. According to a newly released study, published on July 20, 2026, the situation had not improved significantly in the past years, and people living in the nor…