In its continued efforts to enhance regional economic integration, the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) co-organized a high-profile Business-to-Business (B2B) meeting in Blantyre to foster business growth and partnerships between Malawian and Mozambique.
Mozambique’s Minister of Trade and Industry, Silvino Augusto Jose Moreno, led the charge in wooing Malawian investors, highlighting a range of attractive incentives for export-oriented businesses. Speaking to business captains from both nations, Moreno emphasized the immense potential for cooperation across agriculture, manufacturing, energy, and tourism sectors.
We believe that the private sector in the region is the main driver of economic growth of our region so we need to work together to ensure we use the available growth opportunities to enable the region to compete at the continental and global markets,” said Moreno. He further noted that Mozambique’s GDP is growing at an impressive pace, with expectations to reach 13 percent per annum by 2027, underscoring the urgency to promote investment and enable businesses to tap into the emerging market.
Mozambique Investment and Export Promotion Director General, Gil Bires, also addressed the attendees, outlining the special incentives available for foreign investors, particularly in export-oriented sectors. “We have laws that allow you to register a company in Mozambique within two days; our laws do not force you to partner with a Mozambican apart from a few sectors like security and media—meaning that in the rest of the sectors you can own a company with 100 percent shareholding,” Bires explained. He also mentioned the provision of special visas for investors, valid for up to five years.
MCCCI Deputy President, Arnold M’bwana, expressed the local business community’s positive reception to the outlined incentives. He noted that several Malawian companies, such as Bakhresa, have already expanded to Mozambique, and others are now assessing the opportunities.
The event was a resounding success, showcasing the shared cultures and languages that make cross-border trade between Mozambique and Malawi a natural fit. MCCCI’s efforts in organizing this meeting have laid the foundation for stronger economic ties and mutual growth for businesses in both countries.
