Mozambique, Angola, and Cape Verde are exploring ways to fund small and medium-sized enterprises.

Companies from Mozambique, Angola, and Cape Verde are seeking for ways to finance small and medium-sized businesses in these Portuguese-speaking nations.

Agostinho Vuma, head of the Confederation of Economic Associations of Mozambique (CTA), stated today at a conference in Maputo that the initiative might help improve the economic environment in these three nations.

"To the extent that our country is experiencing economic growth anticipated for 5%, 5.3% next year, but also as a challenge to handle the fluctuation of options to funding, from stock exchanges, it is a manner of deciding on the alternative to finance our commercial activity," he emphasized.

Agostinho Vuma was speaking today in Maputo at a meeting of CTA, (Cabo verde)Cape Verde, and Angolan representatives.