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Business

CPLP: New head of business confederation calls for development bank

02, Dec 2022 278 Views

The new president of the Business Confederation of the CPLP, Cabo Verdean businessman Marcos Rodrigues, identified on Wednesday the lack of a financial instrument, transport and training as the biggest obstacles to developing the Portuguese-language community. Marcos Rodrigues, who was elected on Tuesday for a four-year term, said that the Community of Portuguese-language Countries (CPLP) “has to move from words to deeds and to what is most important” and that if there is a “tacit political understanding” between the CPLP member states, it is necessary to “move on to economic issues, which are what matters,” he told Lusa. “A development bank is significant so that we can create opportunities for companies and, without this instrument, each country faces great difficulties,” he said. Vocational training and higher education, direct air and sea links between CPLP countries – “which is one of the great vectors of development and continues to be one of the biggest problems to be solved” – and the economic and financial instrument dedicated to Lusophone companies are the vehicles to “give a new soul to the confederation and entrepreneurs” in the community, he said. “If we want to put a product developed in Angola into Cabo Verde, we do not have a direct shipping line to make that connection. In air transport, we cannot connect Cabo Verde, Guinea, Sao Tome, Angola and Mozambique via direct airlines, which means that people have to travel to Portugal to get to any of these destinations,” he gave as an example. “These are major bottlenecks that must be resolved in the short term because, without economic activity in the space, there really is no life in the CPLP,” the Cabo Verdean businessman added. These constraints can only be resolved if the members of the CPLP “take on part of the responsibility, putting airlines from countries with more resources in partnerships with airlines from countries with fewer resources, to make connections viable,” suggested the current president of the Sotavento Chamber of Commerce and the Higher Council of Chambers of Commerce and Tourism of Cabo Verde. “For example, TAAG has enormous potential and could help countries such as Sao Tome, Guinea and Cabo Verde; TAP also has that potential and already links Portugal with the other CPLP countries, but we lack inter-African states. We have to achieve this quickly in both sea and air transport,” he said, adding that without transport, the financial instrument and training and education, there were “no conditions to materialise the development of the CPLP”. Source: Lusa

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15 years after HCB reversion to Mozambique, still little benefits for Mozambicans – A Verdade

01, Dec 2022 444 Views
Economy

Mozambique: Port of Maputo begins maintenance: dredging of access channel

01, Dec 2022 391 Views
Economy

Mozambique: Economy slowed down in Q3 – central bank

01, Dec 2022 265 Views
Economy

Bank of Mozambique keeps MIMO at 17.25%

01, Dec 2022 317 Views
Economy

Mozambique: Parliament will spend 3.1 billion meticais next year – Notícias

01, Dec 2022 355 Views
Economy

Mozambique: EMOSE wins contract to provide disaster insurance – Carta

01, Dec 2022 439 Views
Economy

Mozambique: Government seeking reform of Tmcel and LAM – AIM

02, Dec 2022 328 Views
Economy

Mozambique: Central Bank holds monetary policy interest rate steady – AIM report

02, Dec 2022 315 Views
Economy

Mozambique: Prime rate rises from 22.5% to 22.6% in December

02, Dec 2022 401 Views
Economy

Mozambique: Sweden and ILO sign Mou on MozTrabalha, fase II

02, Dec 2022 439 Views
Economy

INAE proposes incineration of smuggled alcoholic beverages and their means of transport – O País

02, Dec 2022 355 Views
Others

Mozambique: NGO warns that oil and gas sector is vulnerable to corruption

05, Dec 2022 334 Views
Others

Mozambique: Nyusi inaugurates heavy sands project in Chibuto – Watch

05, Dec 2022 469 Views
Economy

Mozambique and SA commit to moderating dam discharges to avoid floods

05, Dec 2022 381 Views
Economy

NGO accuses Bank of Mozambique of lack of transparency in the management of Covid-19 funds

05, Dec 2022 307 Views
Economy

US Exim Bank to host presidents of Angola, Mozambique at its annual conference

08, Dec 2022 289 Views
Tourism

Mozambique: LAM ensures scheduled flights

08, Dec 2022 315 Views
Economy

Government of Maputo Province has no money to build bridge over the Umbeluzi in Boane

08, Dec 2022 365 Views
Business

Mozambique: Sale of vehicles / payment in cash increases risk of money laundering – AIM report

08, Dec 2022 457 Views
Business

Mozambique and Pakistan sign MoU on trade and investment

08, Dec 2022 370 Views
Economy

Port of Maputo increases cargo handling to more than 26 million tons this year

08, Dec 2022 505 Views
Tourism

Mozambique: President launches new eVISA system

08, Dec 2022 303 Views
Tourism

Mozambique launches eVISA platform – AIM report

08, Dec 2022 290 Views
Tourism

Mozambique: Flag-carrier in ‘alarming situation’ – CIP

08, Dec 2022 372 Views
Economy

Cooking gas reduces by about 7 meticais

19, Dec 2022 418 Views
Others

Maputo river flow is above alert level

19, Dec 2022 416 Views
Economy

Gaza awards more “Made in Mozambique” stamps

20, Dec 2022 356 Views
Economy

TO INCREASE PRODUCTIVITY: Brazil promises to transfer agricultural technology to the country

20, Dec 2022 301 Views
Others

CityLink suspended conveyor

20, Dec 2022 468 Views
Tourism

Tourism projects ambitious goals with e-Visa

21, Dec 2022 302 Views
Economy

BY THE PUBLIC PROSECUTION OFFICE, IN SOFALA: Chinese investor accused of money laundering

21, Dec 2022 299 Views
Economy

Mozambique among countries with high risk of money laundering

27, Dec 2022 373 Views
Economy

Mozambique among countries with high risk of money laundering

27, Dec 2022 340 Views
Economy

Mozambique's biggest supplier is the United Arab Emirates

27, Dec 2022 422 Views
Economy

HCB will have a loan of 100 Euros for rehabilitation

28, Dec 2022 318 Views
Others

Stewart Sukuma is an honorary citizen of Quelimane

28, Dec 2022 471 Views
Economy

Exports generate six million dollars in 2022

28, Dec 2022 340 Views
Economy

HCB will have a loan of 122 million Euros for rehabilitation

29, Dec 2022 301 Views
Economy

IMF predicts that a third of the world economy will be in recession this year

03, Jan 2023 278 Views
Economy

MOVEMENT IN THE FESTIVE QUADRA: Tourism revenues grow by 200 million meticais 2 days ago

05, Jan 2023 393 Views
Economy

Accountants say the 1% VAT reduction is insignificant

05, Jan 2023 253 Views
Economy

Mabote district will produce more than six thousand tons of cashew nuts

05, Jan 2023 425 Views
Economy

TSU: Commission proposes reduction of salaries and benefits of leaders and sovereign bodies

11, Jan 2023 438 Views
Economy

Reduces gas produced and exported by Mozambique

11, Jan 2023 409 Views
Economy

DDR creates risks in public financial management in 2023

11, Jan 2023 418 Views
Economy

AT president calls on tour operators to pay taxes

12, Jan 2023 300 Views
Economy

Internal production helped control prices at parties

12, Jan 2023 399 Views
Others

There is a risk of cholera outbreak in Maputo City

12, Jan 2023 365 Views
Economy

Nyusi invites G-20 economies to invest in industrialization

16, Jan 2023 317 Views
Economy

Mozambique gains new informal digital market

16, Jan 2023 568 Views
Economy

Electricity production expected to drop 12% this year

16, Jan 2023 322 Views
Others

There is evidence for extradition to Mozambique of kidnapping mastermind arrested in South Africa

17, Jan 2023 446 Views
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