Local communities lead drought response in central Mozambique
Mozambique: Japanese businesses to invest in agriculture and mining
5:01 CAT | 18 Feb 2025
File photo: AIM
A group of Japanese investors met with a delegation of the Mozambican Chamber of Commerce (CCM) in order to express their interest in investing in agriculture and mining.
The meeting took place in Maputo, on Monday, under the two countries’ Business-to-business Networking (B2B).
On Tuesday, these investors are expected to visit the northern province of Nampula in order to collect information about the districts of Ribaué and Ilha de Moçambique, where they may set up their businesses.
According to the head of the investors’ delegation, Toshihiro Takagi, the arrival of these Japanese businesspeople is expected to strengthen exchanges between Mozambique and Japan.
“We hope to capitalize on this opportunity to develop our exchange and accelerate the economies of Mozambique and Japan. The delegation consists of businesspeople from the fields of marketing, know-how technology, agriculture and other areas”, he said.
The chairperson of CCM, Álvaro Massingue, believes that the arrival of this delegation reflects their knowledge of the quality and potential of Mozambique’s agro-industrial sector.
“This is a country with great potential, great business opportunities for both Mozambicans and foreigners, so it’s something we have to take seriously. The country has more than 36 million hectares of arable land. It is rich in natural resources and is crossed by important watercourses that favour both rainfed and irrigated agriculture”, he said.
He also explained that “this is an exploratory mission, which allows exchanges between businesspeople to see what our side can offer and what they also offer, and then synergies will emerge and business will be done.”
Source: AIM
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