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Portugal works to make available "as quickly as possible" 500 million euro line with MozambiquePhoto by Marta Branco on Pexels
Business
Инвестиции

Portugal works to make available "as quickly as possible" 500 million euro line with Mozambique

Eco31 August 2026 at 14:23

Portugal is working to make available "as quickly as possible" a 500 million euro financing line for investment by Portuguese companies in Mozambique. The announcement was made by the Secretary of State for the Economy, João Ferreira, during the opening ceremony of the 61st edition of the International Maputo Fair (Facim), highlighting that the Portuguese Government is working intensely on this matter.

This credit line was agreed during the visit to Portugal of Mozambican President Daniel Chapo in July, having been formalized in December 2024 in Porto, during the sixth bilateral summit between the two countries, when 22 legal instruments of cooperation were signed.

Mozambican President Daniel Chapo added that the projects have already been submitted and are awaiting approval so that the line can be operationalized, with the first disbursements expected in the second semester of this year. Chapo described the relations between the two countries as "excellent" and considered Portugal a "strategic partner" of Mozambique.

Depending on the evolution of the process, the eventual need to increase the available allocation will be assessed, with the evaluation of payment compliance constituting one of the bases for that decision.

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