– Muslim entrepreneurs do not apply for financing due to variable interest rates
– Protests have already caused losses of 32 billion meticais, around 3% of GDP
By Aurélio Muianga
Maputo (MOZTIMES) – Commercial banks affiliated with the Mozambican Banking Association (AMB) will provide a credit line of 10 billion meticais (approximately USD 150 million) between March and September this year to finance working capital and investment for companies affected by post-election protests.
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