Maputo to host 12th US-Africa Business Summit in 2019
File photo: O País
The national private sector says it is not taking advantage of business opportunities because of lack of information – but this is a problem entrepreneurs hope the Local Opportunity seminar in Pemba will address.
“It’s impossible to do anything without information. Everything needs preparation and if I do not have timely information it is difficult to perform certain activities,” Eduardo Sengo, executive director of the Confederation of Economic Associations of Mozambique, said in defence of domestic business’s inability to respond to hydrocarbon multinationals’ requests for goods and services.
Sengo acknowledged that multinationals seldom came in contact with national employers to request services, “but the point is that the scarcity of information, and requests being made late in the day and off the cuff, do not allow companies to organise and prepare”.
It is hoped that the seminar on Local Opportunities in Pemba, Cabo Delgado will solve this.
Entrepreneurs hope there will be more rapprochement between them and multinationals, and the CTA says it has mobilised entrepreneurs through Provincial Business Councils to just this end.
The aim is that entrepreneurs will “see these opportunities, because today they can listen and prepare themselves, so they can have a sense of what is we are talking about: when, how much and at what moment it will happen”.
As a way to facilitate the establishment of contacts and deepen the relationship between domestic businesses and multinational corporations, entrepreneurs will be organised into activity sectors.
Sengo clarified that this way of organising entrepreneurs would help multinationals deal with them directly. “It’s also so we can give more detailed information about who it is, what province it is, and what it does.”
The Local Opportunities seminar is organised by the Ministry of Mineral Resources and Energy in partnership with Anadarko. Anadarko is highly regarded for the work it doing, and businesspeople promise to make the most of the event, since “it is an opportunity never before seen in Mozambique”, Sengo concluded.
The CTA has arranged a special flight from Maputo for participants.Source: O País