Cabo Delgado: Population of Mocimboa da Praia suffers due to lack of banking services


The town of Mocimboa da Praia, located in northern Mozambique, is facing serious difficulties due to the absence of banking services. Since residents returned to the town after the period of instability caused by the insurgency, all local bank services remain inactive, forcing the population to travel long distances to carry out essential financial transactions in other districts.

Without a bank available in Mocimboa da Praia, residents must travel 97 kilometers to the District of Mueda, where the nearest banking service is located. This journey is not only exhausting but also presents an additional challenge for those seeking to resolve financial matters. 

"We arrive in Mueda and find long lines at the bank. Some people even sleep there to ensure they are attended to due to the high volume of customers," reported a local resident.  Public servants and businesspeople are among the most affected by the lack of a bank in Mocimboa da Praia.

The absence of financial services prevents them from receiving their salaries or conducting necessary transactions to maintain their businesses. This situation undermines the local economy, already weakened by the region's instability.  Insecurity on the roads is another aggravating factor. Due to the threat of terrorist attacks, many residents fear transporting money or traveling to Mueda.

"Some people prefer to give up traveling, while others return home empty-handed after facing dangers and difficulties on the road," highlighted another resident.  The current situation calls for urgent intervention from authorities and financial institutions. The reopening of a bank branch in Mocimboa da Praia is essential to restore dignity and security to the local population, as well as to stimulate the town's economic recovery. 

At present, trade, fishing, and some agriculture continue to drive the local economy. There are many local and foreign traders who handle money and who, without a bank, are at risk of robbery and much more.  Earlier this year, a group of people robbed and injured a Bengali businessperson in the Nanduadua neighborhood in broad daylight. This situation once again raises security concerns, as it is assumed that the perpetrators intended to steal money from the victim. 

The town also has mobile wallet services, but agents also face security risks because they cannot keep the money in this manner. The population has always requested the restoration of banking services, but despite this, their pleas have not been heard by those in authority. Until this happens, the suffering and the constant back-and-forth between Mocimboa da Praia and the town of Mueda, or even Pemba, will continue, with public servants, businessmen, and travelers being the most affected. (Armando António aka Kapemba)

 

 


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