Germany’s economic commitment to Mozambique will further be strengthened as the Germany Africa Business Forum embarks on a three-day trade mission to encourage, promote, and facilitate trade and investment between German businesses and a growing Mozambican economy.
German investors will visit Mozambique during the Mozambique Gas & Power 2021 Conference & Exhibition taking place on March 8-9, 2021, an incredible opportunity organised by Africa Oil & Power in partnership with Mozambique’s Ministry of Mineral Resources and Energy and Mozambique.
The GABF further congratulated Filipe Nyusi, President of Mozambique for his selection as Africa ‘Person of the Year’ for 2020.
“Thanks to the leadership of His Excellency President Nyusi, Mozambique is on the verge of becoming an international player in the global energy market, and the GABF calls on German investment and technology to play a part in this transformation,” stated Sebastian Wagner, Executive Chair of GABF.
The investor mission provides German investors with an opportunity to engage with key Mozambican businesses and political stakeholders. The goal of the investment roadshow is to deepen German-Mozambican relationships in light of Mozambique’s recent discovery of substantial natural gas fields, largely considered a game-changer for the country and its people.
The German energy sector continues to be among the most innovative sectors of the European economy. German businesses understand that they need to play a strong and competitive role in Africa to ensure a cleaner and stronger Germany.
“Mozambique is a great opportunity for German businesses to invest in gas monetization projects, petrochemicals, power projects, industrialisation and immediate diversification of the economy that leads to jobs for the people of Mozambique and Germans alike,” added Wagner.
