Meteorologia

  • 08 SEPTEMBER 2024
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16º
MIN 15º MÁX 26º

Mozambique should be seen as "preferential" for investments

The President of Mozambique, Filipe Nyusi, argued today, at the Africa CEO Forum, in Kigali, that Mozambique should be seen internationally as "preferential" for investments, due to its "potential".

Mozambique should be seen as "preferential" for investments
Notícias ao Minuto

20:27 - 16/05/24 por Lusa

Economia Moçambique

"In discussions with these partners, the need to look at Mozambique as a preferential country for investments was emphasized, taking advantage of the potential that exists in various sectors, and a commitment to continue supporting our economic and social development", described Nyusi, who has been visiting Rwanda since Wednesday.

In Kigali, the Mozambican Head of State was received today by his Rwandan counterpart, Paul Kagame, and also met with the president of the Arab Bank for Economic Development in Africa (BADEA), Sidi Ould Tah, and with the director of the International Finance Corporation (IFC).

The Rwandan President and host of the Africa CEO Forum defended, during today's event, that "the more united the African continent is, the more productive the involvement with partners will be".

"Integration, for the African business community, is an opportunity to grow our markets and become more competitive. Africa does not have to ask for a place at the table", said Kagame.

At this forum, the Mozambican President moderated a panel under the motto "Investing in Mozambique".

Filipe Nyusi's visit to Kigali ends on Friday and takes place at a time when Rwanda has admitted the possibility of reinforcing the current military contingent of more than 2,000 men that is in Cabo Delgado, in northern Mozambique, in view of the ongoing withdrawal, scheduled for July, of the mission of the Southern African Development Community (SADC), which also supports the fight against the armed insurgency in that province.

Asked in April about Rwanda's availability, the President of Mozambique did not want to give details.

"We are not going to expose how we are going to work there", said Filipe Nyusi on April 18, only guaranteeing that Mozambique is in the phase of training the national Defense and Security Forces, while "humanitarian assistance" and "reconstruction of those areas where they are destroyed" are taking place.

Cabo Delgado province has been facing an armed insurgency for six years, with some attacks claimed by the extremist group Islamic State, which has led to a military response since July 2021, with support from Rwanda and SADC, freeing districts near the gas projects.

Read Also: Illegal mining is one of the main challenges for the mining sector in Mozambique (Portuguese version)

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