Independence movements in Mozambique Independence movements in Mozambique Groups interested in freeing Mozambique from Portuguese colonial rule and making it an independent nation emerged in the early 1900s, shortly after Portugal had defeated the last of the native chieftaincies and established effective control over the territory. In 1920 or 1923, a government sponsored organisation, the Liga Africana was established in Lisbon for ""assimilados"" -- members of the tiny minority of Africans in the colonies who had been given citizenship status. Gibson states that "although it gathered together only some twenty African and mulatto intellectuals, [it] had significant repercussions in the colonies." Later, in Mozambique,
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly