Mozambique is preparing to showcase investment opportunities in agriculture, mining and industrial development at the upcoming India-Africa Business Forum scheduled to take place in New Delhi from May 29 to 31.
According to Álvaro Massinga, the country plans to present a range of business projects highlighting Mozambique’s production capacity, mineral resources and industrial development potential to Indian investors and business leaders.
Agriculture and mining central to investment push
Speaking in Maputo following meetings with an Indian delegation, Massinga said Mozambique intends to strengthen partnerships with Indian companies in key productive sectors, particularly agriculture and mining.
The country is also seeking greater technical cooperation and industrial expertise from Indian firms to support local manufacturing and value-added production.
According to Massinga, Mozambique sees the forum as an opportunity to deepen economic cooperation that supports growth, industrialisation and employment creation in both countries.
Mozambique targets stronger private-sector participation
The Confederation of Economic Associations of Mozambique (CTA) is encouraging strong participation from the Mozambican private sector at the forum, noting that previous editions helped facilitate investment agreements and commercial partnerships.
Massinga said the event provides a platform for Mozambican companies to present products and investment opportunities directly to international partners while also allowing Indian firms already operating in Mozambique to showcase the results of existing investments.
President Daniel Chapo expected to attend
Daniel Chapo is expected to participate in the forum, according to Shri Shetkintong.
The Indian diplomat encouraged broader engagement from Mozambique’s business community, describing the event as an important opportunity to increase international awareness of Mozambique’s economic potential.
He noted that many foreign investors remain unfamiliar with opportunities available in Mozambique, particularly across agriculture, mining and industrial sectors.
India expands investment footprint across Africa
The India-Africa Business Forum, launched in 2008, serves as a platform connecting business leaders, investors, policymakers, financial institutions and industry representatives from India and African countries.
According to CTA, economic ties between India and African economies have expanded significantly over the past five years.
Indian investment across Africa is estimated at approximately US$80 billion, covering sectors such as telecommunications, energy, pharmaceuticals, infrastructure, mining, manufacturing and services.
Mozambique is positioning itself to attract a larger share of that investment as the country seeks to accelerate industrial development, agricultural production and mineral resource expansion.