share
Business
Mozambique: 50 young Maputo entrepreneurs receive 1.5 million meticais each
30, Nov 2022
462 Views
The “Agora Emprega” initiative, which aims to contribute to self-employment and poverty reduction, was financed by the World Bank.
It is expected to cover other provinces over the coming year.
The 50 winners of the “Agora Emprega” program, promoted in the city and province of Maputo, have been announced. The Secretary of State for Youth and Employment (SEJE) handed over 1.5 million meticais to finance each of the business ideas selected.
This initiative of the State Secretariat for Youth and Employment aims to support young people in transforming their ideas into businesses. In all, 50 young people out of a total of 350 were awarded.
The winners were formally presented in Maputo this Monday by Secretary of State for Youth and Employment Oswaldo Petersburgo.
“Entrepreneurship, as a way of transforming ideas into real products and services, by reducing costs, making processes more flexible, increasing efficiency and improving people’s living conditions, must be used by youth as their weapon in the process of developing the country,” Petersburgo said at the event.
After a two-month training course, those ideas with the greatest potential for income and employment generation were selected.
The initiative was financed by the World Bank, which aims to contribute to self-employment and poverty reduction.
“The Emprega Program is an excellent opportunity to empower young people in Mozambique. We encourage young people to believe in themselves and generate ideas for progress,” World Bank representative Emme Ozaltin said.
“Agora Emprega” is expected to cover other provinces over the next year.
READ: Mozambique: Entrepreneurship in combating terrorism
Deputy Minister of Labour and Social Security, Rolinho Farnela, Deputy Minister of Public Works, Cecília Chamutota, and partners were present at the event.
Source: O País
share Share now
Related Posts
Business
Mozambique and Pakistan sign MoU on trade and investment
08, Dec 2022
370 Views
Business
Mozambique: Sale of vehicles / payment in cash increases risk of money laundering – AIM report
08, Dec 2022
458 Views
Business
CPLP: New head of business confederation calls for development bank
02, Dec 2022
278 Views
Business
Mozambique: MSMEs cannot pay what credit institutions ask for
29, Nov 2022
277 Views
Business
Mozambique: Companies surprised by approval of law that obliges them to contribute to professional
28, Nov 2022
287 Views
Business
Mozambique: Private companies must pay up to 1% of their monthly payroll to fund professional educa
28, Nov 2022
369 Views
Business
Mozambique cannot abstain from industrialisation – Minister Moreno in Niamey
25, Nov 2022
247 Views
Business
Mozambique: Medimoc and Teuto resume partnership – Media Release
25, Nov 2022
408 Views
Business
CoWork Lab celebrates 10 years in Mozambique
24, Nov 2022
374 Views
Business
Mozambique: Entrepreneurship in combating terrorism
24, Nov 2022
297 Views
Business
Sasol Mozambique delivers Inhassoro Professional Training Centre – Photos
23, Nov 2022
566 Views
Business
Nyusi opens Inhassoro Professional Training Centre, defends partnerships with productive sector
23, Nov 2022
460 Views
Business
Watch: Standard Bank Mozambique appoints Esselina Macome as Chair of the Board of Directors
23, Nov 2022
599 Views
Business
Nyusi invites more Portuguese businesses to invest in Mozambique
21, Nov 2022
417 Views
Business
Mozambique: Nyusi invites Finnish businesses to invest – AIM report
21, Nov 2022
318 Views
Business
CTA: More than 20 Mozambican entrepreneurs join business mission to Finland
17, Nov 2022
266 Views
Business
Workshop on ‘Skills Development and Professionalism in the Maputo Transport Corridor’ – Press Relea
16, Nov 2022
436 Views
Business
Mozambique – Finland Business Forum
11, Nov 2022
320 Views
Business
Belgium pledges climate ‘loss and damage’ funding for Mozambique
11, Nov 2022
313 Views
Business
Mozambique: Germany offers almost €200M for social, economic development
11, Nov 2022
400 Views
Business
Paratus Mozambique expands northward – PR
02, Nov 2022
401 Views
Business
Mozambique: CTA presents its position on the PAE to the World Bank
28, Oct 2022
370 Views
Business
Mozambique Chamber of Commerce wants to connect Mozambican and Thai entrepreneurs
27, Oct 2022
799 Views
Business
Tropigalia shares to be sold on stock market, in a first for a private Mozambican company – Photos
27, Oct 2022
778 Views
Business
Mozambique: M-Pesa and FARMAC sign MoU
27, Oct 2022
541 Views
Business
Mozambique: REVIMO posts 2021 results, 7% below projections
27, Oct 2022
593 Views
Business
Mozambique: 92% of fisheries production comes from artisanal fishers
27, Oct 2022
540 Views
Business
Mozambique: CCM and IPEME promote MSMEs training in quality certification
27, Oct 2022
508 Views
Business
Mozambique: Businesses call for wider tax breaks
27, Oct 2022
315 Views
Business
The IDEA Project launches in Mozambique the first edition of the Innovation Days Series
27, Oct 2022
474 Views
Business
UAE businessmen have “enormous interest” in investing in Mozambique
27, Oct 2022
234 Views
Business
Fidelidade Impar acquires Tranquilidade Moçambique portfolio of policies
27, Oct 2022
444 Views
Business
Raxio Group building first independent data storage centre in Mozambique – Photos
27, Oct 2022
276 Views
Business
Nigerian investment in Mozambique tops US$44 million in 5 years, expected to grow in the near futur
27, Oct 2022
474 Views
Business
Mozambique to cut profit margins on essential products
27, Oct 2022
384 Views
Business
Mozambique: Prawns fishing closed for four months
27, Oct 2022
405 Views
Business
Mozambique: Cornelder invests in cutting-edge technology for Port of Beira access control
27, Oct 2022
463 Views
Business
Mozambique: CTA presents its position on the PAE to the World Bank
27, Oct 2022
277 Views
Business
Mozambique looking at full membership in the GECF – Gas Exporting Countries Forum
26, Oct 2022
433 Views
Business
UAE businessmen have “enormous interest” in investing in Mozambique
26, Oct 2022
230 Views
Business
DP World promises to increase investment in Mozambique
26, Oct 2022
373 Views
Business
Mozambique: Private sector calls for lower interest rates
01, Aug 2022
299 Views
Business
FNB Mozambique poised to make an impact in the local market
01, Aug 2022
536 Views
Business
DP World’s Imperial obtains approval for acquisition of 100% stake in Africa-based J&J Group
01, Aug 2022
497 Views
Business
Machipanda border post to operate 24/7 from December
01, Aug 2022
584 Views