Vulcan boosts entrepreneurship in Moatize with the launch of PROFIE

As part of its commitment to the self-sustainability of communities, and aware of the local desire for access to opportunities, Vulcan has opened another significant page to strengthen the local economy and promote sustainable development in Moatize with the launch of the Programme for the Promotion of Entrepreneurial Initiatives (PROFIE).

With a budget of 14 million meticais, this initiative was born out of a participatory
mapping of local development opportunities carried out in 2023 and reflects the company’s commitment to fostering small businesses capable of generating self-employment, expanding access to essential goods and boosting the local economy.

In its first phase, the programme will support around 167 entrepreneurial initiatives.
initiatives. Of these, 45 initiatives have already received support in the form of product kits and materials tailored to the specific needs of each business, with an investment of 5 million meticais, marking the start of a journey to strengthen community livelihoods.

Transparency and impact were fundamental pillars in the selection of projects.
projects, which followed criteria such as technical viability, impact on job creation and alignment with environmental and social safeguards. All this was possible thanks to the partnership with the Moatize District Government, the National Employment Institute – Tete Delegation and the Moatize City Council.

In addition, PROFIE offers ongoing support to beneficiaries, with technical follow-up over the next six months to ensure business sustainability.

At Vulcan, we believe that entrepreneurship is a powerful lever for transforming lives and communities. This programme marks the beginning of a joint journey towards a more prosperous and dignified future for all.

Soon we hope to bring you the success stories from this initiative.

Further reading

Secretary of State in Tete Province visits Vulcan and learns about its operations about its operations

The Secretary of State for Tete Province, Rolinho Farnela, visited Vulcan's operations in the second half of December to find out more about its activities and to follow up and get more details on the fire that occurred at Plant 2, the coal processing area.

Moatize to have a district hospital financed by Vulcan

The district of Moatize took a historic step on 3 October, when it hosted the laying of the foundation stone for the upgrading of the Moatize Health Centre into a District Hospital, as part of the Presidential initiative ‘One District - One Hospital’. The event, led by the President of the Republic of Mozambique, Filipe Nyusi, marks an important moment for improving the region's health infrastructure.

Vulcan delivers drinking water systems in Bairro 1º de Maio in Moatize, reinforcing its commitment to the well-being of local communities

On 20 September, Vulcan reaffirmed its commitment to the development and well-being of the communities around its operations with the delivery of two new drinking water supply systems in Bairro 1º de Maio, in Moatize. The initiative will directly benefit more than 10,000 inhabitants of the region.