Mozambique–Portugal relations US$393.4 million, accumulated from independence until 2005. Mozambique–Portugal relations Mozambique–Portugal relations are foreign relations between Mozambique and Portugal. They are both members of the Community of Portuguese Language Countries. Mozambique gained independence from Portugal in 1975 after the Mozambican War of Independence. Portugal has an embassy in Maputo and a Consulate-General in Beira. Mozambique has an embassy in Lisbon. Portuguese companies are the second largest private investor in Mozambique. In July 2008, Mozambique and Portugal have signed an agreement to set up a fund to support investments worth USD124 million in the Mozambican energy sector. In July 2008, Portugal cancelled
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