Absa Bank Mozambique inaugurates Premier Centre at reopening of Chiveve branch in Beira
File photo: Domingo
Entrepreneurs affiliated with the Confederation of Economic Associations (CTA) want the 16th Annual Private Sector Conference (CASP), to be held next Wednesday and Thursday, not to go down in history as just one more of the same. They expect to leave CASP with tangible results which help change the course of companies’ existence and, consequently, that of the national economy. To this end, the first day of the conference will be reserved for business with banks and gas exploration companies.
CTA president Agostinho Vuma has been out of the limelight for a few months, according to his advisers, focusing on preparations for the event, which, by the look of its draft agenda, shows that Mozambican entrepreneurs really want to find new ways of doing business.
The first day of the event will have a business fair highlighting the gas sector and national and foreign banks so, offering participants and visitors direct contact with companies in these sectors and the chance to exploit existing opportunities.
Still concerning banking, the CTA has attracted the attention of the African Development Bank (AfDB) and a Mauritian bank which, we have been told, are interested in financing agricultural-oriented business projects in Mozambique, something plainly lacking at present.
We understand many entrepreneurs have already submitted projects and related documentation to the banks and the CTA itself, perhaps an indication that the old habit of leaving everything to the last moment is being abandoned to some extent.
“So we are looking at signs of change because, normally, the CASP used to be just a space for dialogue between the private and public sectors,” said Adelino Buque, who is responsible for agro-business and fisheries in the CTA.
By Jorge RungoSource: Jornal Domingo