The Mozambique Stock Exchange (BVM) is admitting MECTS to its listings on Wednesday, 14 October, making it the first company born out of a Public-Private Partnership (PPP) to enter the national capital market. The transaction marks a new step in the participation of such entities in Mozambique's securities market.

According to a BVM statement sent to Diário Económico, the admission constitutes a landmark for the capital market, signalling the entry of the first PPP onto the exchange.

The BVM described the operation as "an important moment for the Mozambican capital market, marking the entry of the first PPP onto the BVM", highlighting the role of the stock exchange in diversifying financing alternatives for companies.

MECTS S.A. is a Mozambican technology company dedicated to the development and operation of digital systems for the modernisation of institutional and business processes. Among its principal activities is the management of the Electronic Sealing and Transit Cargo Tracking System (SEERC), which enables the electronic monitoring of goods transported through national territory under transit arrangements, in partnership with the Mozambique Tax Authority.

The listing process began in June of this year, when the company submitted its application following the registration of its shares with the Central Securities Depository (CVM).

The transaction falls within the legal framework governing public-private partnerships, large-scale projects, and business concessions, established under Law No. 15/2011.

This framework provides mechanisms for the participation of domestic investors in the capital of companies covered by these regimes, including through the capital market, under legally established terms and conditions.

According to information previously released by the BVM, the allocation of a portion of share capital to domestic investors is intended to broaden participation in major economic undertakings and concessions.

The admission of MECTS will be marked at a ceremony in Maputo, expected to be attended by President Daniel Chapo, along with representatives from the government, the financial sector, the business community, and other institutions.

With this transaction, the BVM will increase its roster of listed companies from 16 to 17, distributed across two market tiers.

The entry of MECTS onto the exchange comes at a time when revenues delivered to the state under the concession associated with its operations have recorded significant growth.

According to data from the Ministry of Finance, these revenues rose 155.6% in the first half of 2026, reaching 49 million meticais.

The increase stands in contrast to an overall decline in revenues from public concessions recorded during the same period.