Financial Times Mozambique Summit kicks off: ‘Building Resilience for Long-term Growth’

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Financial Times Mozambique Summit kicks off: ‘Building Resilience for Long-term Growth’

10:19 CAT | 11 Sep 2019

Picture: @StandardBankMZ

The Financial Times Mozambique Summit is underway in Maputo, “bringing together key ministers, policy makers along with local and international business leaders to debate the reforms and solutions that will facilitate growth, transform challenges into opportunities, and diversify the country’s economy,” reads a statement from the organisation. [Agenda and list of speakers below].

The following Ministers are confirmed to speak at the Summit:

Adriano Maleiane, Minister of Economy and Finance, Republic of Mozambiqu

Ragendra de Sousa, Minister of Industry and Commerce, Republic of Mozambique

Ernesto Max Tonela, Minister of Mineral Resources & Energy, Republic of Mozambique

Higino de Marrule, Minister of Agriculture and Food Security, Republic of Mozambique

Joao Osvaldo Machatine, Minister of Public Works, Housing and Water Resources, Republic of Mozambique

Cidália Chaúque, Minister of Gender, Children and Social Activities, Republic of Mozambique

José Condungua Pacheco, Minister of Foreign Affairs, Republic of Mozambique

Nazira Karim Vali Abdula, Minister of Health, Republic of Mozambique

Nigeria’s former President, Dr. Goodluck Jonathan, is to deliver a keynote address at the Mozambique Economic Summit organised by the Financial Times (FT) newspaper. The Summit which is the fourth in the series is holding today Wednesday [September 11) in Maputo, capital of Mozambique.

Goodluck Jonathan joins the members of the Mozambican government and other guest speakers at today’s Financial Times Mozambique Summit which include:

Special Representative of the UN Secretary-General for Disaster Risk Reduction (UNDRR) Mami Mizutori;
Chief Executive, Africa Regions Standard Bank Sola David-Borha;
Minister of Public Works, Housing and Water Resources of Mozambique João Osvaldo Machatine;
Massmart chairman Kuseni Dlamini;
Chief Technology Officer of Microsoft 4Afrika Ryno Rijnsburger;
Director General of Mozambique Investment Promotion Centre (APIEX) Lourenco Sambo;
Senior Vice President and Cluster Head, East Africaat Olam International Sridhar Krishnan;
Chief Executive Officer of Pathfinder International Lois Quam;
Chief Executive Officer of Agility Africa Geoffrey White;
CEO and Founder of Sunshine Nut Company LLC Don Larson;
Chief Technical Officer of Great Lakes Africa Energy (GLAE) & Janus Continental Group Fredric Briens;
President, Local Content Commission at the Mozambican Confederation of Trade Associations (CTA) Florival Mucave;
Executive Director of Oxfam South Africa Siphokazi Mthathi;
Chief Executive of Standard Bank, Mozambique Chuma Nwokocha;
Executive Catalyst and Co Founder at IdeiaLab Sara Fakir;
Country Manager in Mozambique of South African Airways Thobi Duma;
Country Head, Mozambique, at the Tony Blair Institute for Global Change Martim Faria e Maya:
Co-Founder and CEO of WAVE Misan Rewane;
Senior Emerging Markets Economist at Capital Economics John Ashbourne;
Country Director of TechnoServe Mozambique Jane Grob;
Founder of Mowoza Limited Suzana Moreira;
Chief Executive Officer of Letshego Carlos Nhamahango.

FT noted in a statement that “Mozambique is now, more than ever, a country of huge potential and tough challenges. Despite political and economic reforms, there is still much work to be done to ensure sustainable economic development spreads across all key sectors.

“Growth prospects for Mozambique remain robust, if efforts continue to address the challenges of diversifying exports, improving infrastructure links, up-skilling the workforce and fostering private-public sector relationships.

”The government is seeking to strengthen collaborations with international stakeholders based on common interests — ensuring investments not only contribute to the success of partners, but towards the development of the country. The Fourth Industrial Revolution calls for entrepreneurial, agile and innovative leaders to create the pathways needed for shared prosperity.”

AGENDA – 11TH SEP

8:00am

Registration and Refreshments
9:00am

Chair’s Opening Remarks

David Pilling, Africa Editor, Financial Times
9:10am

Welcome Address
9:20am
Keynote Interview: Preparing for the Economy of the Future
- The transition to stability and sustained economic growth
- How will government policies across key industries demonstrate resilience, trust and transparency?
- Bridging knowledge and technology gaps for regional development – progress to date and what still needs to be done
H.E Adriano Maleiane, Minister of Economy and Finance, Republic of Mozambique

Interviewed by David Pilling, Africa Editor, Financial Times
9:40am

Ministerial Dialogue: Shaping the Future of Bilateral Trade and Investment

International commerce has elevated millions of people out of poverty. Shifting geopolitics, innovative business models and changing societal expectations are creating new challenges and opportunities. How can Mozambique strengthen partnerships with neighbouring economies to achieve its full economic potential? Senior government officials take the stage to share their perspectives on how bilateral relationships can enhance engagement and solidarity for the better good.

H.E Ragendra de Sousa, Minister of Industry and Commerce, Republic of Mozambique

Interviewed by Andres Schipani, Brazil Correspondent, Financial Times
10:10am
Panel Discussion: Energy Sector Reforms
Will Mozambique become a major gas supplier? The surge in LNG projects powered by high quality gas is working in the country’s favour, bringing about change and competitive advantage to a reforming energy sector. To capitalise on the investment potential, efforts will need to focus on re-skilling the current workforce, improving access to international markets and establishing effective working relationships with local and international partners.

Keynote Opening: Spotlight on the Power Sector

H.E Dr Goodluck Jonathan, Former President (2010-2015), Federal Republic of Nigeria

H.E Ernesto Max Tonela, Minister of Mineral Resources & Energy, Republic of Mozambique

Panel Discussion Points
- Gas & LNG Projects in Mozambique: Opportunities and Hurdles – What are the government’s strategies to attract investment in the gas industry? Understanding the main priorities of operators in Mozambique: how are government and the private sector working together to drive the industry forward?
- Local content – Determining the local content requirement for Mozambique: what is the minimum requirement versus what is expected, and what quality issues are being faced?
- Acquiring and retaining top-tier talent – What skills are available locally and what is the cost of upskilling the current workforce? How can effective training programs for Mozambican employees be developed in each phase level of operation?
- Infrastructure and logistics – Addressing the bottlenecks caused by lack of port facilities, poor road conditions and challenging custom laws: lessons learned and case studies from current investments and projects in this area
H.E Dr Goodluck Jonathan, Former President (2010-2015), Federal Republic of Nigeria

Fredric Briens, Chief Technical Officer, Great Lakes Africa Energy (GLAE) & Janus Continental Group

Sola David-Borha, Chief Executive, Africa Regions, Standard Bank

Florival Mucave, President, Local Content Commission, Mozambican Confederation of Trade Associations (CTA)

Moderated by David Pilling, Africa Editor, Financial Times
11:00am

Networking break
11:30am

In Conversation: Growth and Development in Mozambique

• Leveraging the power of the private sector to drive economic competitiveness
• Priorities and progress towards inclusive growth
• What can be learnt from the experience of other countries about realizing economic potential?

Chuma Nwokocha, Chief Executive, Standard Bank, Mozambique

Interviewed by David Pilling, Africa Editor, Financial Times
11:45am
Panel Discussion: The Future of Food – Expanding Local Production Through Innovation and Sustainable Initiatives
Mozambique has 36 million hectares of arable land, but only 10 percent of these are currently in use. Despite the resources available, the domestic production is failing to meet local needs. In alignment with the sustainable development goals, this discussion will focus on how the country is working to build sustainable, efficient and nutritious food systems for the benefit of both farmers and consumers. This panel will provide an insight from the agri-food disruptors, collaborators and innovators that are pushing business model and technology boundaries.

Keynote Opening

H.E Higino de Marrule, Minister of Agriculture and Food Security, Republic of Mozambique

Panel Discussion Points
- What powerful change drivers are at work in Mozambique’s food production system? What trends are we seeing from consumers?
- Exploring high-impact agricultural solutions to help tackle global malnutrition, degraded land and food waste
- Promoting Mozambique-owned agribusinesses: leveraging public and private investments to increase farmer access to market
- What strategies are in place to support local farmers to improve production?
John Ashbourne, Senior Emerging Markets Economist, Capital Economics

Kuseni Dlamini, Chairman, Massmart

Jane Grob, Regional Director, Southern Africa, TechnoServe

Sridhar Krishnan, Senior Vice President and Cluster Head, East Africa, Olam International

Don Larson, CEO and Founder, Sunshine Nut Company LLC

Moderated by Andres Schipani, Brazil Correspondent, Financial Times
12:30pm

Networking Lunch
1:30pm
Dialogue: Impact Investing in Sustainable Infrastructure
Mozambique’s macro-economic stability fosters an attractive environment for international trade. Despite the efforts to tackle the deficit, the infrastructure needed to improve transport and logistical links are failing to meet local and international needs. Additionally, the impact of climate change continues to influence and disrupt normal weather patterns. Cyclone Idai is a clear demonstration of the exposure and vulnerability of many low-lying cities and towns. How can Mozambique close the infrastructure investment gap and design long-term, oriented frameworks to create a resilient future?
- A recap of Mozambique’s infrastructure developments to date – highlighting main achievements and challenges
- Accelerating growth through investment — what are the key issues that international investors need to consider?
- Looking ahead: What plans are in place to improve financial readiness and strengthen Mozambique’s resilience to weather-related hazards?
- Leveraging from public-private partnerships to boost port performance and access to neighbouring countries
- An outlook on green infrastructure projects that are generating economical and recreational opportunities
H.E Joao Osvaldo Machatine, Minister of Public Works, Housing and Water Resources, Republic of Mozambique

Martim Faria e Maya, Country Head, Tony Blair Institute for Global Change

Mami Mizutori, Special Representative of the United Nations Secretary-General (SRSG) for Disaster Risk Reduction, UN Office for Disaster Risk Reduction (UNDRR)

Geoffrey White, CEO, Agility Africa

Moderated by Lerato Mbele-Roberts, Presenter, Africa Business Report, BBC World News
2:10pm
Panel Discussion: Mozambique Women in Business
Achieving equality is not only a fundamental human right but a business imperative. Senior business leaders will explore the importance of supporting gender equality and the strategies and initiatives being implemented to support women rights.

Keynote Opening

H.E. Cidália Chaúque, Minister of Gender, Children and Social Activities, Republic of Mozambique

Panel Discussion Points
- The value and importance of women in the labour force
- Progress on equality and diversity in the region has been slow. What can policy-makers and companies do to change this?
- Empowering women through access to innovative business opportunities
Helena Chiquele, Head of Program, Oxfam Mozambique

Thobi Duma, Country Manager, Mozambique, South African Airways

Sara Fakir, Executive Catalyst and Co-Founder, IdeiaLab

Myrta Kaulard, UN Resident Coordinator in Mozambique, United Nations

Moderated by Lerato Mbele-Roberts, Presenter, Africa Business Report, BBC World News
2:45pm

Networking Break
3:15pm
Lightning Talks Followed by Q&A Session: Nurturing a Diverse and Competitive Economy
Mozambique has faced many challenges over the years with attempts to diversify away from capital-intensive and low-productivity projects. With a goal to attract international investment, the country’s renewed focus is on improving how well ‘high flying’ industries compare against the fundamental key drivers– inclusion, quality skills and education, health service delivery and infrastructure.

Keynote Opening

H.E José Condungua Pacheco, Minister of Foreign Affairs, Republic of Mozambique
- Inclusion
- Health service delivery
- SME development in informal markets
- Education & skills
H.E Dr Nazira Karim Vali Abdula, Minister of Health, Republic of Mozambique

Suzana Moreira, Founder and CEO, MoWoza

Carlos Nhamahango, Chief Executive Officer, Letshego

Lois Quam, Chief Executive Officer, Pathfinder International

Misan Rewane, Co-Founder and CEO, WAVE

Moderated by Andres Schipani, Brazil Correspondent, Financial Times
4:15pm
Closing interview: Impact of the 4th Industrial Revolution on Business Transformation
As digital transformation and automation continue to advance, there is a renewed focus and commitment for emerging economies to upskill their existing workforce. How can Mozambique diversify its skill set and prepare for the ‘jobs of tomorrow’?
- Demographic shifts are changing the employment landscape globally. How will companies ensure opportunities for all?
- What can the big tech companies do to ensure innovation does not dehumanise work?
- What needs to change to better align business practices with longer-term human-development and environmental agendas?
- What can be done now to ensure better prospects for young people in the future?
- How can workers today prepare for the skills of tomorrow?
Ryno Rijnsburger, Chief Technology Officer, Microsoft 4Afrika

Interviewed by David Pilling, Africa Editor, Financial Times
4:35pm

Chair’s Closing Summation

David Pilling, Africa Editor, Financial Times