Mozambique plans for first CPLP Business Summit

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Mozambique plans for first CPLP Business Summit

3:13 CAT | 30 Apr 2021

Photo: O País

Mozambique intends to make the first CPLP business summit, which takes place next week in Malabo, Equatorial Guinea, an opportunity for the benefit of the local business community.

Capitalising on business opportunities and strengthening the country’s business community is one of the objectives of Mozambique’s presence at the first business summit of the Community of Portuguese Speaking Countries.

Mozambican entrepreneur and president of the CPLP Business Confederation (CE-CPLP), Salimo Abdula, says the event is opportune, and has the potential to make the organization increasingly entrepreneurial.

“We have identified several issues that can catapult the economies of the Community of Portuguese Speaking Countries – and not only talking about Mozambique. This business summit will consolidate both political and economic objectives,” Abdula said.

Speaking at a press conference this Thursday, Abdula stressed that this and other objectives were achievable, given the advantages that CPLP member countries enjoy.

“If we work in concert with the CPLP brand and live up to the great potential of member countries, we can be one of the largest food producers in the world,” he remarked.

Mozambique and other CPLP countries have untapped opportunities. “We have about 5.6 percent of water reserves […],” Abdula detailed. “We also have an important resource, which is the young workforce and, above all, the language that unites us.”

Mozambique is taking a delegation of 37 entrepreneurs to the meeting, from the 5th to the 7th May, in the expectation of exposure to potential business partnerships.

Founded in 2004, the Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP) is an organisation whose objective is to create conditions for the development of business in member countries and beyond.

There are nine full members of the CPLP. Seven were founding members of the CPLP: Angola, Brazil, Cabo Verde, Guinea Bissau, Mozambique, Portugal, and São Tomé and Príncipe; Timor-Leste joined in 2002, after achieving independence, and Equatorial Guinea in 2014. The official language is Portuguese.

Source: O País