TICAD VI – “Excellent opportunity for business, brought many gains to Mozambique”

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TICAD VI – “Excellent opportunity for business, brought many gains to Mozambique”

7:00 CAT | 30 Aug 2016

Folha de Maputo / President of Mozambique Filipe Nyusi

Mozambican President Filipe Nyusi declared on Saturday that the Sixth Tokyo International Conference on African Development (TICAD VI), held in the Kenyan capital, was an excellent opportunity for business and brought many gains for Mozambique.

“TICAD was a great opportunity where a large number of African countries were present to establish partnerships”, he told the Mozambican reporters who had accompanied him to Nairobi. “It was also a moment to say what Africans need right now”.

The platform provided by TICAD, he stressed, “is not a forum of donors, but is for us to discuss business opportunities with Japan”.

Witness to this, he added, was his own meeting with Japanese Prime Minister Shinzo Abe on Friday, in which the two men had reviewed the cooperation between Mozambique and Japan. At their working lunch, Abe was accompanied by several Japanese businessmen with interests in Mozambique, part of a delegation of over 100 business people who accompanied him to Nairobi.

Nyusi listed the various projects under way in Mozambique with Japanese support – including the “ProSavana” agricultural development programme in the north of the country, the rehabilitation and development of the rail corridor from the port of Nacala to landlocked Malawi, coal mining in Tete, and the project of the Japanese company Sumitomo to build a gas fired power station in Maputo.

Through the Japanese media, he was also aware that Sumitomo was considering a 1,200 megawatt coal fired power station at Moatize, in Tete. “This shows that our meetings are bearing fruit”, stressed Nyusi.

He announced that Abe has invited him to visit Japan in the first quarter of 2017, and this is already creating expectations among Japanese businesses.

Nyusi alerted Mozambican business people to prepare well in advance to take advantage of the opportunities that Japan has to offer.

The Nairobi conference was the first time that TICAD has been held in Africa. The five previous conferences were all held in Japanese cities. According to the Kenyan authorities, 10,000 delegates attended TICAD VI, including 4,000 from Japan.

Source: AIM