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The Canadian Government, through Global Affairs Canada (GAC), is funding a project aimed at supporting 200 small and medium-sized enterprises (SMEs) in Mozambique, 60% of which are expected to be owned or led by women. The initiative seeks to strengthen business competitiveness, promote exports and accelerate digital transformation.
The initiative forms part of the second phase of the TRISEG project, launched in Maputo, and will be implemented by TFO Canada in partnership with the Institute for the Promotion of Small and Medium Enterprises (IPEME).
According to the Mozambique News Agency (AIM), the project aims to strengthen the capacities of Mozambican businesses, facilitate access to international markets and encourage the adoption of technological solutions that contribute to inclusive and sustainable economic growth.
The programme will also focus on developing business skills to address challenges associated with climate change, helping SMEs become more resilient and better prepared to compete in increasingly demanding markets.
Speaking at the launch ceremony, Pascale Thivierge, Head of Cooperation at the Canadian High Commission in Mozambique, reaffirmed Canada's commitment to strengthening economic and trade relations with Mozambique.
Thivierge highlighted the importance of small and medium-sized enterprises in stimulating economic activity, emphasising their contribution to job creation, innovation and development opportunities.
One of the initiative's main priorities will be strengthening women's entrepreneurship. Of the 200 businesses expected to benefit from the project in Mozambique, approximately 120 are expected to be owned or led by women.
Through this support, the project seeks to increase women's participation in economic activities, strengthen their business management capabilities and create better conditions for their enterprises to enter international markets.
Project Covers 16 Countries
TRISEG is part of a regional initiative covering 16 countries, including eight African nations: Mozambique, Côte d'Ivoire, Ethiopia, Kenya, Madagascar, Nigeria, Senegal and Zambia.
The project's international scope is expected to encourage trade partnerships among businesses in participating countries, facilitate knowledge sharing and expand opportunities to access new markets.
Priority areas include preparing SMEs for export markets, improving business management processes, promoting digital transformation and strengthening adaptation to climate-related risks.
The second phase of TRISEG builds on ongoing efforts to strengthen the private sector by creating conditions for Mozambican businesses to increase their competitiveness and participate more actively in international trade.
The initiative comes at a time when export diversification, business modernisation and the strengthening of small and medium-sized enterprises remain important challenges for Mozambique's economic development.
The Mozambican Government has launched a new digital platform aimed at simplifying access to public services, reducing bureaucracy and shortening waiting times for citizens. The system will facilitate procedures related to identity cards, passports, driving licences and residence documents for foreign nationals.
Mozambique's National Roads Administration (ANE) has awarded nine contracts for the rehabilitation and paving of 485 kilometres of roads in Inhambane and Sofala provinces, representing a total investment of 20.6 billion meticais (approximately €292.8 million).
The Brazilian Senate approved a constitutional amendment on Wednesday, 14 October, aimed at ending the six-day working week with only one day off, introducing a new system of five working days and two days of weekly rest without reducing workers' salaries.
The Maputo City Juvenile Court began the trial on Thursday, 15 October, of a 12-year-old boy accused of fatally stabbing his 13-year-old friend and neighbour in the Zona Militar neighbourhood of Mozambique's capital, following an alleged dispute after a football match.
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