The Republic of Mozambique is a country in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west and Swaziland and South Africa to the southwest. Link to external site : Website for Mozambique |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
7,789.98 Register/Log In |
| HDI classification | Low |
| Mobile Connections (m) |
8.621 Upgrade to Bronze |
| Currency | MZN |
| Class | |
| CountryISO | MZ |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["MZ",21.372,49]],"options":{"title":"Countries","region":"MZ","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["mcel (Mozambique Cellular)",5003809],["Vodacom",3617425]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",46500],["Q4 2001",142453],["Q4 2002",189999],["Q4 2003",416125],["Q4 2004",1114424],["Q4 2005",1495363],["Q4 2006",2340412],["Q4 2007",3523000],["Q4 2008",4592000],["Q4 2009",6859979],["Q4 2010",8353695],["Q4 2011",9530754],["Q4 2012",10489010],["Q4 2013",11238814],["Q4 2014",11800665]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Mobile",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MNO",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MM",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BP",1],["DMT",1],["MM",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Wallet",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Hybrid Upgrade to Bronze |
| Legal System |
Mixed legal system of Portuguese civil law, Islamic law, and customary law Upgrade to Bronze |
| Law is based on | |
| Approach |
Test and learn Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money |
Allowed but regulations not yet in place Upgrade to Bronze |
| Payment | |
| Agent |
Has history of using retail as bank agents; Address must be verified; wide range of docs may be allowed for Id |
| Money Transfer |
Only bank and post Restricted; Only bank and post |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",33.9],["Banked",12],["Internet",1],["Urban",36],["Adult",56],["Literate",44.3824]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 21.37 |
| Adult % | 56.00 |
| Migrants % |
2.00 Register/Log In |
| Stock Immigrants ('000) |
450.00 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
900.00 Upgrade to Bronze |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 36.00 |
| Female % | 52.10 |
| Literate % | 44.38 |
| Annual Growth % |
| Mobile Penetration % | 33.90 |
| Banked % | 12.00 |
| Access to FS % | 12.00 |
| Internet % | 1.00 |
| Branches per 100k adults | 3.64 |
| ATMs per 100k adults | 4.32 |
| POS per 100k adults | 34.48 |
| Prepaid % | 98.80 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 6.38 |
| Monthly ARPU | |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Prime Candidate Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets |
None (Vodacom Mozambique may be under planning as Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |