The University of Coimbra formalizes cooperation with the Mozambique Stock Exchange

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The University of Coimbra formalizes cooperation with the Mozambique Stock Exchange

10:28 CAT | 28 Apr 2024

File photo: Diário Economico

The University of Coimbra (UC) and the Mozambique Stock Exchange (BVM) signed a memorandum of understanding on Wednesday (24), aimed at strengthening international cooperation between both entities.

The document, signed by the UC rector, Amílcar Falcão, and the CEO of the BVM, Salim Valá, on the sidelines of the Mozambique-Portugal Business Forum, held in Lisbon, envisages the establishment of academic, scientific, and cultural cooperation, with a priority focus on collaboration in the economic, legal, management, accounting and auditing, and communication and information technologies areas.

“Under the agreement, the parties will develop capacity-building initiatives, participate jointly in academic events and research activities to improve management systems and corporate governance,” said a publication by Notícias UC.

According to the BVM representative, this cooperation will assist their entity in enhancing the regulatory framework for the capital market and stock exchange, benefiting from the good practices used in the European capital market.

“The BVM aims, with this partnership with the University of Coimbra, to have access to opportunities for technological modernization and to gather relevant experiences for the introduction of new products and financial instruments,” he added.

The two institutions also propose to collaborate in attracting Portuguese and European investors to the Mozambican market and to conduct studies and consultations that contribute to boosting the secondary market in the country. The University of Coimbra (UC) is a public institution located in the city of Coimbra, Portugal. It is one of the oldest universities in the world still in operation. Comprising three campuses, eight faculties, and 18 museums, it also has a botanical garden and the University Stadium of Coimbra.

About UC

UC has approximately 25 thousand students, encompassing one of the largest communities of international students in Portugal. Additionally, it is the founding member of the so-called Coimbra Group, a network of European universities aimed at academic collaboration among its members. On June 22, 2013, it was declared a World Heritage Site by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

On a global scale, it is also distinguished for its alignment with the United Nations Sustainable Development Goals, ranking 21st in the ranking published by Times Higher Education (THE), which includes over a thousand universities and polytechnics worldwide.

Source: Diário Economico