This event brought together investors, political decision-makers and businessmen in a discussion aimed at adopting the best strategies to facilitate and improve business and investments between the two countries. UK investments in Mozambique have grown over the past five years, making it seventh in the list of the country’s top 10 investors.
Access Bank, represented by Director of Corporate Banking, Tarcisio Mahanahi, provided a comprehensive view of the Mozambican economy and ongoing projects, highlighting the business opportunities that exist in the country. “The Mozambique government expects economic growth to reach 5.5% in 2024, thanks to strong investment from the public and private sectors, prudent monetary policy and the continued growth of the agricultural sector.”Tarcisio Mahanay said.
The Director of Corporate Banking at Access Bank Mozambique also highlighted the importance of energy projects in the national economy. “We expect exports to increase significantly in the medium term, with coal and natural gas projects being the mainstay of growth.”“, said the same person in charge.
Access Bank considered that improving monetary, exchange rate and budgetary policies was essential to attract private investment in Mozambique.
Access Bank Mozambique General Manager, Marco Abalrodo, stressed the importance of the event, considering that “It is a crucial platform to enhance trade relations between the two countries and explore the vast investment opportunities in Mozambique.” “We believe that our commitment and active participation will contribute to achieving sustainable and inclusive economic development,” Marco Abalrudo said.
Access Bank positions itself as a strategic partner in sustainable and inclusive growth in Mozambique, by supporting initiatives to enhance trade, economic growth and social well-being in Mozambique.
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