Standard Bank Mozambique recently hosted a meeting with a business delegation from the French trade association Evolen and the Mozambique–France Chamber of Commerce (CCIFM), as well as with leaders from the energy, engineering and infrastructure sectors.
According to a publication, the meeting enabled the bank to share its specialised knowledge of economic dynamics and the factors shaping the energy sector, reinforcing its role in preparing and enabling large-scale international projects.
On the occasion, the Director of Corporate and Investment Banking at Standard Bank, João Guirengane, stated that the visit by this delegation is another indicator of Mozambique’s relevance on the global energy stage and reinforces the institution’s role as a strategic partner in facilitating investment in the country.
“We have a strong presence and deep knowledge of the Mozambican market, as well as experience in the energy sector. The bank aims to position itself as a trusted partner that facilitates matchmaking and collaboration between national companies and multinational operators,” he explained.
In turn, Francis Parmentier, a representative of the French delegation, highlighted the growing interest of companies from his country in the Mozambican market, noting that the visit aims to understand the legal framework and identify conditions for investing in the country.
“We are here to understand how to invest in Mozambique and which local partnerships are needed. In the coming years, the country is expected to receive more than 50 billion dollars in projects, many of them with French participation, which makes greater regulatory clarity and solid partnerships essential—an area in which Standard Bank can play a decisive role,” he said.
Meanwhile, French businessman Gatien Fabre-Teste emphasised the relevance of the meeting and the value of the interactions established with local experts. “The session allowed us to establish contacts with professionals capable of supporting our establishment and development in the country, both from a tax and legal perspective.”
Source: Diário Económico
