The Confederation of Economic Associations (CTA) hosted this week the Finnish Ambassador, Satu Lassila, in a meeting aimed at strengthening economic cooperation and identifying new investment opportunities between the two countries. The meeting, held in Maputo, also addressed the main challenges facing the Mozambican private sector and explored pathways for a stronger institutional collaboration.
According to the newspaper O País, despite progress in recent years, the CTA believes that the potential for cooperation between Mozambique and Finland remains largely underutilized. In 2024, bilateral trade remained below 960 million meticais ($15 million), with national exports primarily composed of agricultural and mineral products.
Meanwhile, Finnish direct investments, although present in strategic areas such as renewable energy and information technology, remain below the potential offered by the economic complementarities between the two countries.
For CTA President Álvaro Massingue, it is crucial to intensify and diversify business cooperation, promoting the development of strategic partnerships between Mozambican and Finnish companies.
“We are confident that Finnish expertise in innovation, sustainability, and digitalization can bring transformative contributions to our business ecosystem, especially to micro, small, and medium enterprises, which form the backbone of our economy,” he stated.
In this regard, the CTA proposed business missions and joint trade forums as a means to boost economic exchange and promote projects of mutual interest. The CTA President also invited the Finnish Embassy to participate in the 20th edition of CASP, scheduled for 12–14 November 2025.
The Finnish Ambassador welcomed the proposal, highlighting the strong level of bilateral relations and emphasizing the need to deepen economic cooperation to promote trade and investment between the two countries.
Source: Diário Económico
