India's RITES delivers two more locomotives to Mozambique's CFM
Mozambique: Government committed to finding solutions to make SMEs viable
1:01 CAT | 05 Aug 2024
Photo: Ministério da Indústria e Comércio - Centro de Informação de Negócios
The government will continue to seek solutions for small and medium-sized enterprises (SMEs) with a view to helping make a greater contribution to the economy through the diversification of production and job creation.
The commitment was reiterated this Friday in Maputo by Mozambique’s Minister of Public Works, Water Resources and Housing, Carlos Mesquita, at the opening of the 2nd National Conference of Micro, Small and Medium Enterprises (MSMEs).
Among the priorities is the approval of the Small and Medium-sized Enterprises Law, which should mitigate the main obstacles as currently identified, and also provide access to financing at sustainable costs.
Minister Mesquita also highlighted the promotion of access and integration in new markets consequent on global digital transition.
“The government remains committed to finding solutions to improve MSMEs’ access to financing, since, in addition to enabling the viability of business initiatives, it also has a positive impact on improving the business environment,” the minister said.
The 2nd National MSME Conference took place on Friday in Maputo. The event, which was held under the motto “Boosting Development by Strengthening Local Industry for the Empowerment of MSMEs”, was organized by the Ministry of Industry and Commerce, through the Institute for the Promotion of Small and Medium Enterprises (IPEME-IP).
The session aimed to analyse national policies and strategies supporting the development of MSMEs in the country and to boost the participation of MSMEs in the development of local industry.
The event also addressed mechanisms for promoting and financing MSMEs, sharing innovative solutions to boost the competitiveness and promotion of MSMEs, as well as exchanging experiences on the dynamisation and development of MSMEs in the country.
The conference was attended by MSMEs, public and private entities, business associations and strategic cooperation partners that work to promote the development of MSMEs.
Source: Notícias / Ministério da Indústria e Comércio - Centro de Informação de Negócios
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.