Mozambique: EIB Global and Moza Banco provide €20 million to grow women-led businesses
Lusa
The Confederation of Economic Associations of Mozambique (CTA) yesterday said that the political understanding reached between the Mozambican government and Renamo, the main opposition party, have already begun to have a positive impact on the country’s business environment.
“We can say at this point that the truce between the parties is already having the desired effect on the business environment,” CTA Deputy Chairman Prakash Prehlad said at a press conference in Maputo.
Prehlad said the most important thing at the moment is to ensure that there is a climate of trust between the parties so that permanent peace ensues – an indispensable condition if the economic potential of the country is to be fully exploited.
“Many projects that were in the pipeline stopped at some point because of the political problems,” Prelad said, noting that instability makes investors wary. “It is important that Mozambicans understand that peace is a precondition of development,” he reiterated.
Mozambique is in a period of political crisis, following the demand of the Mozambican National Resistance (Renamo) to govern in six provinces where it claims victory in the general elections of 2014.
Defence and Security Forces (FDS) and the armed wing of the main opposition party were involved in armed clashes in the centre and north of the country until the first period of truce announced by Renamo leader Afonso Dhlakama in December.
Dhlakama announced last week the unlimited extension of the truce in a teleconference from the Gorongosa region with journalists at Renamo’s Maputo headquarters.
The war has killed an unknown number of people, with attacks on buses, trains and other civilian targets. It undermined the economy and sparked a refugee crisis.
Renamo and the Mozambican Liberation Front (Frelimo), the ruling party, have exchanged frequent and numerous mutual accusations of political persecution and assassination, but are now in talks in Maputo with decentralisation, the de-politicisation of state security forces and the disarmament of the armed wing of the opposition on the negotiating table.
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