A recent report from the Bank of Mozambique highlights persistent issues with financial service coverage in the country’s northern regions. Despite national improvements in financial inclusion, access remains limited for residents and businesses in these provinces. The Bank, acting as the national financial regulator, is actively working to expand access through promoting digital solutions and agent banking. Infrastructure challenges and low levels of financial literacy contribute to the ongoing disparity. The central bank emphasizes the importance of these services for economic development and poverty reduction in the north. Efforts are focused on creating a more inclusive financial system benefitting all Mozambicans. Further investment and targeted strategies are crucial to bridging the gap in financial access.

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