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Mozambican fund finances 18 thousand projects and creates 42 thousand jobs in six monthsPhoto by MAURICIO_BR on Pexels
Business
Экономика
Инвестиции

Mozambican fund finances 18 thousand projects and creates 42 thousand jobs in six months

RTP Notícias9 September 2026 at 08:10

Mozambique's Local Economic Development Fund (FDEL) financed 18,337 projects during the first semester, disbursing 824.6 million meticais, equivalent to approximately 11 million euros, according to official data.

The projects funded by FDEL benefited 21,848 people across the country. The fund also managed to create 42,191 jobs during this period.

FDEL is a local economic development fund that aims to support small-scale economic initiatives, contributing to job and income generation in Mozambican communities.

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