In Mozambique, we promote the growth of local entrepreneurship and help improve the competitiveness of small and medium-sized enterprises through incubation and training programmes launched in partnership with Standard Bank. Initiatives such as the #Ideate bootcamp and the iCreate entrepreneurship support programme, which is part of the local initiatives linked to the Coral South project, foster the growth of the country's small and medium-sized enterprises, strengthen the economy and increase the quality of the products and services offered on the local market.
We adhere to the 2030 Agenda for Sustainable Development promoted by the United Nations, and economic diversification is an important area of intervention for the development of the countries in which we operate, such as Mozambique. The promotion of entrepreneurial activities in a long-term sense encourages the creation of new job opportunities for people and companies.
Activity start date: 2019 – 2021
SDG 8 Decent work and economic growth
Our work in the country also consists of promoting the development of the various sectors of entrepreneurship, crafts, agriculture and services, through support programmes aimed at improving the competitiveness of small and medium-sized enterprises in the country.
The partnership with the Standard Bank business incubator allowed us to develop a number of diverse programmes tailored to the needs of the participating companies. The #Ideate bootcamp, which was already well attended in its first edition, was part of a development programme implemented to strengthen the competitiveness of local companies and promote potential business opportunities across the value chain in sectors other than oil & gas.
The iCreate programme, designed to support small and medium-sized companies that have been operating in the market for at least two years, is part of the local content plan of the Coral South project for the development of gas resources in the Rovuma Basin. The aim is greater competitiveness and sustainability of companies in the long term, to be achieved through training, support and advice, but also through access to new market and financing opportunities. As part of these initiatives, we place special emphasis on integrating the gender perspective into the cycle of the business projects we select.
One of the participants in the iCreate programme
Working table during the iCreate programme
Presentation of certificates of participation in the iCreate programme
Group photo with all small and medium-sized entrepreneurs of iCreate
participants in the first phase of #Ideate
participants in the 2019-2020 editions of #Ideate
selected for the iCreate programme
of iCreate training
participants in the first phase of #Ideate
participants in the 2019-2020 editions of #Ideate
selected for the iCreate programme
of iCreate training
The solid partnerships we build at a global level ensure that we achieve our goals for a fair and inclusive energy transition.
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