Agriterra announces Mozambique losses
President Nyusi yesterday cited agriculture as the “backbone” of the nation’s economy, despite the country having greater expectations from natural gas exploration projects.
The agrarian sector is “the backbone of the national economy: Mozambique has a potential three million hectares of irrigated land,” President Nyusi said.
“Our goal is to build hydro-agricultural and livestock infrastructure, associated with agro-ecological conditions,” the president said at the opening of an Infrastructure Forum in Tete, in the centre of the country.
“The Mozambican people and the global business community are eager to see the oil exploration projects in the Rovuma basin developing. But as you well know, Mozambique has a lot more to offer,” the president said.
Nyusi defined the challenge as “mobilising investments and identifying solutions” to implement infrastructures “whose materialisation requires the involvement of the private sector”.