Back to Innovation Atlas

Mozambique

No Open Banking

Sitting on the southeastern edge of Africa, with a lengthy Indian Ocean coast, Mozambique has rich national resources.

Mozambique’s internet penetration rate stood at 23% of the population, with mobile phone usage at 53% in 2022.

49% of adults in Mozambique have bank accounts, leaving 51% unbanked as of 2021. 

Mozambique ranked 133th out of 134 countries in Wiley’s Digital Skills Global Index 2021