Mozambique president pushes strengthening private investment with Zimbabwe

By Agencies

Mozambique president Daniel Chapo has called for increased private investment as a driver of economic integration and cooperation between Mozambique and Zimbabwe, highlighting strategic sectors such as agriculture, energy, tourism, small and medium-sized enterprises, and logistics.

The appeal was launched on Saturday in Maputo during the Mozambique–Zimbabwe Business Forum, which brought together business leaders and officials from both countries to discuss investment opportunities, development strategies, and regional cooperation mechanisms.

The Mozambican Head of State pointed to agriculture as the central axis of bilateral cooperation.

“Agriculture is the basis of our development. We have arable land, and our Zimbabwean brothers have knowledge, technology, and experience. This is a unique moment for us to discuss how we can effectively do business in this sector,” he stressed.

The energy sector was also identified as a priority, with emphasis on the expansion of the Cahora Bassa Hydroelectric Plant, the Mphanda Nkuwa project, and new gas-fired power plants.

“Mozambique has gas, water, rivers, and we are investing to increase the quantity and quality of electricity,” said the Mozambican statesman, noting that this situation opens up investment opportunities for Zimbabwean entrepreneurs.

For his part, Zimbabwean President Emmerson Mnangagwa reinforced the idea of complementarity in cooperation, stressing that regional integration and logistical facilitation are essential for bilateral economic growth.

“A country is built by its own people. Never expect your country to be developed by others,” he said, advocating the elimination of barriers and increased added value in products.

Mnangagwa also highlighted the modernization of the Limpopo and Beira corridors, as well as the implementation of one-stop borders, aimed at speeding up the flow of goods and reducing transport costs.

“We are ready to reach a crossing point where, once the formalities are completed on the Mozambican side, goods will enter Zimbabwe without hindrance,” he said