Mozambique welcomed a three-week training course for financial journalists (19/11/2010)

A three-week training course for Radio and TV journalists took place in Maputo, Mozambique, between 3-19 November in the framework of the EU/ACP Microfinance Programme, in cooperation with the Making Finance Work for Africa Partnership.

The course was organised by Deutche Welle Akademie and Transtec and had 10 participants from different provinces and institutions. One of the participants, Selma Marivate, who is currently working as a TV Reporter and Producer at the TV Record Moçambique, expressed satisfaction with the outcomes of the training and stated that "the financial journalism constitutes a challenge for the journalists and this training gave us many insights how to report in an attractive and interesting way on financial topics. We also learned how to interpret financial data and how to better use available sources. Last but not least, we also tested new methodologies and practical skills in order to improve the quality of our reports."

The training had a practical orientation and students were actively working on their own reports that were later analysed at the plenary sessions. The workshop produced a blog where all the produced material is available together with additional related information. 

Since 2005 the EU/ACP Microfinance programme has focused on building capacities of microfinance actors and especially of its clients. The program has supported the access of the most needed to quality financial services such as credit, savings, money transfers and insurances with an increase of 150% of the population that has been covered, in sum with 775.000 additional clients. The programme also financed the training of 500 actors of the microfinance institutions and 75 political decision makers with the aim to reinforce the transparency and the efficiency of the micro-finance markets of the ACP countries.

The media are important sources of information to help raise the awareness of clients of financial services, in the sense that they support the improvement of the "financial education" of its local public. They also foster the understanding of the analysis of the opportunities and risks of accessing different financial products, from credits to insurances or savings. To strengthen financial literacy among local audiences, the journalist trainings focus on improving the reporting on microfinance topics. They also familiarize the participants with online and multimedia journalism, which will play an increasingly important role in their professional career in the future.

To ensure long term impact for the trainings and sustainable build-up of local financial journalism, in the framework of an efficient coordination among various donors' initiatives, the trainees are expected to join the network of peers organized by the Partnership for Making Finance Work for Africa Secretariat through its online platform.