Agriculture
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AgriReviewThis free publication contains information covering a broad spectrum of economic and agricultural topics. It also features professional analyses of specific aspects of agriculture. |
Credit facilityA business revolving credit plan is a loan where repayments are made in equal monthly instalments. You only pay interest on the amount you use. |
Please note that the Bank of Mozambique has communicated on the 10th June 2020 all commercial banks to not process inward payments in local currency, as they must be remitted to Mozambique in foreign currency, despite the beneficiary account being in MZN or in foreign currency.
Standard Bank is one of the leading financial services providers involved in the financing of up to US $15 billion for the Mozambique LNG project, led by the French multinational Total, in the Rovuma basin, whose financing documents, confirming access to the senior debt, were signed on Wednesday, July 15.
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