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President Calls for US Investment in Mozambique

President Calls for US Investment in Mozambique

The Mozambican President, Filipe Nyusi, appealed this Tuesday, 19 September, in New York, for US investment in the country, guaranteeing that there are opportunities in areas such as agriculture, fishing and tourism.

Speaking at a meeting called the “Investment Luncheon Summit”, organised by the US National Forum for Black Public Administrators (NFBPA), in partnership with the President of Malawi, Lazarus Chakwera, who was also present, as well as the Prime Minister of Lesotho, Sam Matekane, the Mozambican head of state said that “American investors are welcome in Mozambique”.

“We already have three main ports in the country, namely Maputo, Beira and Nacala. This is the deepest and is connected by corridors,” said Nyusi, speaking at a meeting that brought together US businesspeople, politicians, administrators and personalities.

The event took place under the theme “Connecting African industries with global investors, creating opportunities for economic growth and development”.

The leaders of the three African countries are in New York for the 78th session of the United Nations General Assembly, which kicked off yesterday. The forum, which brought together investors and personalities with African roots, was the motto for trying to attract the attention of US decision-makers, with Filipe Nyusi listing not only agriculture, fisheries and tourism, but also mining and electricity production.

With a view to regional integration, the Mozambican head of state recalled that the country already has fundamental logistical corridors linking ports on the Indian Ocean to the interior of the African continent and to neighbouring countries, giving Malawi as an example, since of the 900 kilometres of the Nacala Corridor, 250 kilometres cross the neighbouring country.

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“We already have structures in place to connect our countries,” emphasised Filipe Nyusi.

On the subject of these links, the President of Malawi explained that his government is developing a single border checkpoint with neighbouring countries (Mozambique, Tanzania and Zambia) to facilitate trade. Lazarus Chakwera emphasised the continent’s “creative potential” and pointed out that “education is the key to development” in Africa, through young people.

“Africa is your motherland and there is nothing more important than investing in our land and making it better,” appealed the President of Malawi at this meeting in New York.

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