Namibia's exports to Mozambique worth N$4.1 billion - report
File photo: Lusa
The Agricultural, Commercial and Industrial Fair of Maputo (FACIM), which ended on Sunday, received 40,000 visitors against the 95,000 expected, according to figures from the Agency for the Promotion of Investment and Exports (AIPEX), the organiser of the event.
The number of exhibiting companies also fell short of the projected figure, numbering just 1,386 against the 1,500 projected, and the number of participating countries was also lower, with 24 of the 28 initially expected.
Despite the disappointing numbers, Minister of Industry and Commerce Ragendra de Sousa said the event was a success, noting the strong participation of companies run by young people.
“This fair brought innovations in the area of small and medium enterprises, and innovation was more pronounced, because the leadership in many of these companies is predominantly young,” de Sousa said at the closing event.
FACIM is Mozambique’s main business fair and this year celebrated its 54th edition. Austria, Argentina and Rwanda participated in this year’s event for the first time.
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