Intelligent news from Mozambique

‘A Mozambican solution’: Bank of Mozambique pension fund to buy Moza Banco

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The Bank of Mozambique today announced that the central bank’s pension fund has won the competition to buy of Moza Banco, a commercial bank rescued by the Bank of Mozambique last year, and which had attracted interest from suitors including Atlas Mara, Barclays, and Societe Generale.

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