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New York: Nyusi calls for US investment in Mozambique
9:15 CAT | 21 Sep 2023
President Filipe Nyusi of Mozambique ( first from the left( seen here with President of Malawi, Lazarus Chakwera and the Prime Minister of Lesotho, Sam Matekane. [Photo: Ministry of Foreign Affairs and International Relations Lesotho]
The President of Mozambique, Filipe Nyusi, appealed for North American investment in the country in New York on Tuesday, emphasising the opportunities in areas such as agriculture, fishing or tourism.
“You are welcome, I invite you to come,” the Mozambican head of state said at the ‘Africa Investment Luncheon Summit ‘ which brought together US businesspeople, politicians, administrators and personalities with the aim, according to the organisation, of ” linking African industries with global investors” and creating “opportunities for economic growth and development”.
“In Mozambique we have three ports built – Maputo, Beira and Nacala -and we can have still more. Nacala is the deepest, and they are connected by corridors,” Nyusi detailed to the meeting organized by the North American National Forum for Black Public Administrators (NFBPA) in partnership with the President of Malawi, Lazarus Chakwera, who was also present, together with the Prime Minister of Lesotho, Sam Matekane.
The leaders of the three African countries are in New York for the 78th session of the United Nations General Assembly, which started on Monday.
The Africa Investment Luncheon Summit , which brought together investors and personalities with African roots, was aimed at trying to attract the attention of North American decision-makers, with Filipe Nyusi listing mining extraction and electricity production in addition to agriculture, fishing and tourism as among the opportunities.
In a logic of regional integration, the Mozambican head of state recalled that the country already has logistical corridors connecting ports in the Indian Ocean to the interior of the African continent and neighbouring countries, giving Malawi as an example, since the inauguration of the 900-kilometre Nacala corridor, 250 kilometres of which cross the neighbouring country.
“We already have structures connecting our countries” President Nyusi highlighted.
Regarding these connections, the President of Malawi explained that, to facilitate trade, his government is developing a single border control post regime with neighbouring Mozambique, Tanzania and Zambia.
Lazarus Chakwera, who also co-organized the event, highlighted the “creative potential” of the continent and pointed out that “education [of youth] is the key to the development” of Africa.
“Africa is your motherland, and there is nothing more important than investing in our land and making it better,” he appealed to the meeting.
#NFBPA is thrilled to be a part of the Africa Investment Luncheon Summit in New York City today! This summit aims to connect African industries with global investors, creating new opportunities for growth and development. #AfricaInvestment #GlobalInvestors #InvestmentSummit pic.twitter.com/BYWqzm9xoR
— NFBPA National (@nfbpa1) September 19, 2023
Source: Lusa
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