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2024 Mozambique Global Money Week

GMW NATIONAL COORDINATOR:

  • Bank of Mozambique

PARTICIPATING ORGANISATIONS:

  • Ministry of Education and Human Development, Mozambique Stock Exchange, Insurance Supervision Institute of Mozambique, Financial Sector Deepening Mozambique and Credit Institutions and Financial Companies

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 11

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 1 300

NUMBER OF ADULTS REACHED DIRECTLY:

  • 660

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 15 000

During GMW 2024, the Bank of Mozambique engaged students and teachers of the national education system, in partnership with Ministry of Education and Human Development. This year's GMW was organised under the motto: “Protect your money, secure your future”.

The central celebration event was held at the Milpark hotel, located in the Gondola district, in Chimoio, Manica province, directly covering a student population of around 150 students attending general secondary education in three schools. In the remaining 9 provinces of the country, 2 schools participated in each province, totalizing 21 schools nationally.

A variety of activities took place in 10 provinces of Mozambique, including lectures on financial education, with emphasis on competitions, quizzes, presentation of writing/poetry works, drawing/painting related to the campaign theme. Likewise, educational and recreational activities were carried out, including songs, dances, theatre, among others.


2023 Mozambique Global Money Week

GMW NATIONAL COORDINATOR:

  • Mozambique Central Bank, Instituto de Supervisão de Seguros de Moçambique, Bolsa de Valores de Moçambique

PARTICIPATING ORGANISATIONS:

  • Mozambique Central Bank, Ministério da Educação e Desenvolvimento Humano,a Bolsa de Valores e Moçambique, Instituto de Supervisão de Segurps de Moçambique, Institituições de Crédito e Sociedade financeira, Associação Moçambicana de Bancos, Investiment Financial Inclusion (FSDMoz), 12 Schools8 Commercials Banks5 Media organisations

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 30

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 152 530

NUMBER OF ADULTS REACHED DIRECTLY:

  • 500

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 5 000

The Bank of Mozambique carried out various activities and events in different parts of the country to mark the Global Money Week. In Mozambique, the main ceremonies took place in the city of Inhambane, on the 24th of March, at Escola Secundária Emília Daússe. They were carried out in partnership with the Provincial Directorate of Education of Inhambane and participation of secondary schools 3 de Fevereiro and Muelé. “Plan your money, plant your future” was the theme of the week and was used to make children and young people aware of the implications of their present financial behaviour on the environment and society. There were lectures held throughout the week and painting, writing and quiz competitions on financial education subjects. In all provinces of the country, Banco de Moçambique branches carried out commemorative activities for the GMW with the involvement of education sector authorities, students and teaching staff, as well as local financial institutions. 


2022 Mozambique Global Money Week

GMW NATIONAL COORDINATOR:

  • Bank of Mozambique, Insurance Supervision Institute of Mozambique, Stock Exchange

PARTICIPATING ORGANISATIONS:

  • Insurance Supervision Institute of Mozambique, Stock Exchange, Ministry of Education and Human Development, banks and mobile money issuers

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 1,215

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 15

NUMBER OF ADULTS REACHED DIRECTLY:

  • 9

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 1,220

Throughout Global Money Week 2022, Bank of Mozambique with partners reached more than 2,435 children and youth through several in-person activities such as lectures, theatre shows and contests. Besides, Bank of Mozambique used its Facebook page with more than 32,000 followers and other media channels to share financial literacy content and to build awareness about GMW Campaign. During the Week, different financial literacy awareness sessions were offered targeting students and teachers.


2019 Mozambique Global Money Week

LEADING ORGANISATIONS:

  • Bank of Mozambique
  • World Vision Mozambique (participating)

PARTICIPATING ORGANISATIONS:

  • 1 Media Organisation, 14 Schools, Banco Internacional e de Investimentos, Commercial and Investment Bank (BCI), Financial Sector Depeening Mozambique (FSDmoç), Insurance supervision Institute, Millennium International Bank of Mozambique (BIM), Monapo District Economic Activities Service (SDAE), Mozambique Stock Exchange

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 3 750

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 6 090

Bank of Mozambique
To celebrate GMW2019, the Central Bank of Mozambique organised four activities, celebrated in eight schools across the country. The Week was opened with the Central Bank, via media activities, such as press releases and interviews. Tv, radio stations, and social media helped to spread awareness about Global Money Week in the country. The Bank, the Stock Exchange, Insurance Supervision Institute, Financial Sector Deepening Mozambique, and other partners, participated to educate children on finances, via workshops. The workshops were geared towards showing youth the importance of planning, saving, investing and insurance. Participating commercial banks explained their products and the procedures needed to open an account. Additionally, theater plays on financial literacy were conducted in schools, and were attended by students and teachers. Finally, the students had the opportunity to engage in lectures and received educational brochures.

World Vision Mozambique (participating)
As part of the celebrations organised by the Central Bank, World Vision Mozambique organised their own activities for GMW2019. These activities included financial literacy lectures for children, youth and adults, on developing a family budget. A presentation and practical demonstration on saving was conducted, which was followed by a Q&A session, allowing the participants to learn about the importance of saving in a fun and interactive way. Theater plays were presented, focusing on the importance of saving and depositing money in the bank.


2018 Mozambique Global Money Week

LEADING ORGANISATIONS:

  • Bank of Mozambique, World Vision Mozambique
  • Central Bank of Mozambique

PARTICIPATING ORGANISATIONS

Angónia District Community Radio, Armindo Emilio Guebuza Primary School in District of Angonia, Institute of Insurance Supervision of Mozambique (ISSM), Financial Sector Deepening Moçambique (FSDMo.), Millennium International Bank of Mozambique (BIM), Mozambique Stock Exchange (BVM), Nkhame Primary School in District of Angonia, Representatives of Community Savings Groups, 14 schools, 5 media

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 3 250

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 6 000

Bank of Mozambique

For Global Money Week 2018, the Central Bank of Mozambique prepared five activities, which were organised in 14 schools around Mozambique. The Bank of Mozambique and World Vision, together with its partners, educated children on finance through financial literacy awareness sessions. The sessions were geared towards showing children how important it is to own a savings account. Participating commercial banks explained their products and the procedures of opening an account to the public. The Bank opened the Week with media activities including a press release and interviews. News and community radio stations helped to spread information about Global Money Week in the Angonia district. Theater productions on financial literacy were held at the schools, which were attended by students and teachers. Additionally, the students had the opportunity to engage in lectures and games and received educational brochures. In addition to visiting schools, the Bank of Mozambique organised the opportunity students to visit their bank, visit the Stock Exchange of Mozambique, and visit the Institute of Insurance Supervision of Mozambique.

Financial Sector Deepening Moçambique (FSDMo.)

On March 16 the FSDMo. in partnership with the Bank of Mozambique organised a GMW event at the secondary school in the district of Magude. The purpose was to help over 50 students to learn about the importance of saving, and to handle their money wisely. The programme included the T@ABLET Comunitário tool that was used by the youth to answer questions as part of the Quiz.


2017 Mozambique Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 91327

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 290 000

Gaza Province:

4 Schools, Adolescent Saving Groups, Adult Saving Group, Saving Group Community Promoters, Local Government leaders, Traditional Leaders, VODACOM-MPESA, Local TV, Women's Development Fund (FDM), District Services of Education, District Services of Youth and Technology , District Services of Economic Activities, Commercial and Investment Bank (BCI), Millennium International Bank of Mozambique (BIM)

Tete Province:

4 Schools namely: Chiritse Primary School, Armando Emilio Guebuza Primary School, Mpenha Primary School and Mulambo Primary School, Commercial and Investment Bank (BCI), Millennium International Bank of Mozambique (BIM)

Zambézia Province:

5 young Savings Groups, 5 adults savings groups, Commercial and Investment Bank (BCI) and Bank Opportunity of Mozambique (BOM).

Throughout the Global Money Week 2017, Bank of Mozambique along with partners reached more than 1300 children and youth through visits to schools among the country and a central event in Maputo Province, Matola city, in partnership with Mozambican Stock Exchange and the Mozambican Insurance Supervision Institute, and developed an Application Game with financial education knowledge contents.

Educational financial literacy sessions were offered for children and youth of primary and secondary schools, with ages between 06 – 18 years old. Additionally, some visits to financial institution branches took place in Maputo province.

World Vision Mozambique continues to take part in GMW since 2014 and reached more than 90 000 children and youth through summits, drama and theatre activities. The sessions for financial education included matters of the different forms of treatment of money and its importance within society. There was a brief presentation and practical demonstration of savings activities by adult and adolescent savings groups, which were followed by question and answer sessions to and from group members. These Q&A sessions were very interactive and gave a clear perspective of Savings Groups to the participants as well as the importance of saving within ones’ life. There were trainings for foster parents by FDM regarding financial education and VODACOM-MPESA raised awareness within the community about the processing of monetary values, the safety aspects involved and the advantages of opening a bank account.

Different schools In Gaza, Tete and Zambézia provinces were visited in order to give them lectures on the importance of good financial management and savings. At the close of the week, a parade and a summit about the theme in Chongoene Headquarters Secondary School was organised. Poetry and drama presentations on the annual theme, Awards were handed out at the close of the week to children at schools who participated in knowledge contests to close the festivities.


2016 Global Mozambique Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

  • Adolescents Saving Groups, Adults Saving Group, Saving Group Community Promoters, Local Government leaders, Traditional Leaders, Local TV, Local Radio, Women's Development Fund (FDM), District Services of Education , District Services of Youth and Technology , District Services of Economic Activities , District Service of Health , Provincial Department of Finance, Noticias Newspaper and singing and dancing group.

DATE OF THE EVENT:

  • 14 - 20 of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 2 960

TOTAL INDIRECT REACHED:

  • 300

The central bank of the country, Banco de Moçambique, joined Global Money Week for the first time this year, and conducted two lectures on the "Origin and Conservation of Money - Metical" and "Savings" in two primary schools in Maputo province: Escola Primária Anexa ao IMAP, Matola city on 17 March and Escola Primária 3 de Fevereiro, in Maputo city on 18 March.

The bank staff of Banco Oportunidade de Moçambique also conducted a school visit during Global Money Week and delivered financial literacy workshops for students, and also visited a customer business during the Week. The visit of the agency in Matola aimed to show the future technicians how a bank branch works, how to request information and customer registration, how to apply for credit, how to make deposit transactions, how to survey using digital printing technology and, finally, the composition the agency in terms of human and other resources. Events received very good feedback from teachers and participants.

On 15 March, the Mozambique Stock Exchange received a group of students from Francisco Mayanga High School. It was a first time the exchange took part in GMW events, and the students had a chance to Ring the Bell, symbolizing the opening of the exchange markets; they also participated in an educational activity about the role of the stock exchange, savings and investments. BVM also conducted a press conference with participation of BVM’s CEO, addressing issues concerning the role of the stock exchange in promoting savings levels and SMEs development in Mozambique.

World Vision Mozambique participated in the campaign for the second time, through Chongoene Area Development Programme in Gaza Province. World Vision also involved a number of other organisations including: adolescent saving groups, adult savings group, saving group community promoters, local government leaders, traditional leaders, local television and radio, the Women's Development Fund, the District Services of Education, the District Services of Youth and Technology, the District Services of Economic Activities, the District Service of Health, the Provincial Department of Finance and other actors. Various activities were organised throughout the Week including talks in the communities, meetings for exchange of experiences between different groups of teenagers saving group members and trainings on financial literacy. Adolescent savings group members also visited Microfinance Institutions (Socremo and FDM MFIs). On 19 March, the Saving Fair was organised with talks about the Week’s theme and an exhibition of saving products in Chongoene Headquarter Secondary School.

World Vision also involved a number of important individuals in the Week including: the Governor of Gaza province, the District Government of Xai -Xai who was represented by Mr. Permanent Secretary, the Health District Offices for Women and Social Affairs and the District Services of Education, Youth and Technology, in addition to adult savings groups, children, World Vision staff, students and teachers of the Secondary and Primary school of Chongoene, police, Mozambique Public Television, Radio Mozambique and newspapers.

“We, as government, are pleased to take part in such an important initiative specifically for our children and teenagers who will soon begin to know how important is to save they money so that it can be of better use to them tomorrow” - District administrator representative.
“I am glad to know that students benefited from a financial session, mostly because we do not have subjects that look into those aspects in our curriculum… let us make this week of celebrations part of our life” - Spouse of the governor of Gaza province
“I made this moneybox in school to save the coins that my parents give to me, to buy something that I really want” - A student from grade 6
“I am pleased that I had the chance to participate in such a session, I always knew that there is saving but this session taught me more than what I knew, I learnt about interest and profits” - 14 year old Adelia Sitoe studying grade 8

2015 Global Mozambique Money Week

PARTICIPANTS:

  • World Vision
  • Fund for the Development of women
  • Provincial company of singing and dance

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 300

World Vision led the Global Money Week 2015 celebrations in Mozambique. The main event was sensitization sessions on the importance of adolescents participating in savings groups, teaching on financial education, and saving sessions. The aim of this activity was to promote boys and girls participate in savings group and also encourage them to pursue product goals and aspirations. The financial education sessions aimed at teaching them the importance of having financial goals to fulfil their dreams, equip them with the knowledge and skills to develop financial plans, budgets and to manage small scale income generation activities. A considerable number of the youngsters who participated in the GMW celebrations were from low income generation and were also helping their parents run small business.

“Financial Education lessons are so important for me because they help me to establish financial goals.” - Lília, 16 years
“Financial Education sessions opened my eyes and now I understand the importance of having a budget.” - Olga, Savings groups Promoter