The president of the Global Africa Investment Summit (GAIS), Akinwumi Adesina, has expressed his intention to support Mozambique in its economic transformation, advocating a sustainable growth model based on the enhancement of the country’s strategic assets, according to the Lusa news agency.
Speaking in Maputo after a meeting with the President of the Republic, Daniel Chapo, the head of the international platform explained that the meeting served to discuss Mozambique’s economic potential and opportunities for mobilizing investment.
According to Akinwumi Adesina, the head of state shared his vision for a profound economic transformation of the country, with a focus on leveraging available strategic resources.
“The President shared with me his vision for economic transformation, a real revolution for his country. He spoke of the focus on national assets, namely energy, development corridors, port assets, and also minerals and metals, which he intends to develop,” he said.
The Global Africa Investment Summit was launched in February this year as a platform to mobilize investment for the African continent, seeking to transform public assets into structured portfolios that are attractive to international investors.
According to Akinwumi Adesina, during the meeting, the President of the Republic’s ambition to position Mozambique as a regional energy and transport hub for the Southern African Development Community (SADC) was also discussed, contributing to the strengthening of economic integration in the region.
“We talked a lot about the assets that the country has, because the Global Investment Summit on Africa represents a new way of working, helping countries to transform their assets into income streams that can attract global investors,” he explained.
He added that this approach promotes economic development without excessive resorting to debt, favoring instead the use of the economic value of national assets.
Adesina also assured that GAIS intends to collaborate with the government in identifying, valuing, and financially structuring these assets in order to create investment opportunities that support the country’s sustainable development.
“Our goal is to help Mozambique develop not on the basis of debt, but by using the equity of the assets it possesses,” he concluded.
