Friday, May 3, 2024
spot_img

Nigeria’s investment in Mozambique reaches $44 million

Nigeria’s investment in Mozambique between 2016 and 2021 is estimated at over 44 million US dollars, with greater emphasis on the banking sector in the country, the case of United Bank for Africa, Access Bank and other banking institutions.

Meanwhile, the government understands that it is imperative to expand the scope for economic cooperation in other sectors.

According to the Minister of Industry and Commerce, Silvino Moreno, there are other areas that deserve greater emphasis and that can serve as a catalyst to gain access to international markets, and contribute to the development of the two countries.

“The value chains and agricultural production niches with agro-ecological potential, the implementation of industrial parks and supply markets, in the transformation and value addition of agro-food products, including fisheries, in the energy sector and mineral resources and the exploitation of natural gas in the basin of the Búzi district and in the sector of infrastructure and logistics corridors, as well as in the tourism sector,” detailed Silvino Moreno, during the opening of the Business and Investment Forum between Nigeria and Mozambique.

Mas o apelo do ministro da Indústria e Comércio aos empresários moçambicanos não está apenas limitado nas potencialidades de Moçambique. Para o governante, o quadro legal do país e as medidas de estímulo à economia, anunciadas em Agosto, pelo Presidente da República, Filipe Nyusi, também servem de chamariz para os investidores estrangeiros.

Entrevistas Relacionadas

Sasol recorded an 8% increase in gas production in Mozambique

Sasol, the petrochemical company listed on the New York...

Local Content: Private sector works with government to define minimum values

Following the meetings with the ministers of the economic...

At the job interview: “Why should we hire you?”

Job interviews are crucial moments in the life of...