Financial Times Summit Mozambique: Accelerating growth and stability
Under the theme "Accelerating growth and stability," the first Financial Times summit ever held on the African continent, took place in Maputo on November 2nd, with Standard Bank as the Lead Event Partner.
The event, which opening keynote was made by the President, Filipe Nyusi, brought together leaders from the political and business scene in Mozambique and the world to discuss key ways of accelerating the return to growth and reduce the risk in Mozambique.
Tomaz Salomão, Chairman of the Board of Directors of Standard Bank, said during the event that "in an economy like ours, which is facing structural problems, the incentives have to come from the fiscal side."
"It is in this context that we have been working to bring different national and international actors and pass on the message that we live in a difficult conjuncture, of instability and socio-economic difficulties, but Mozambique remains a country of hope and future," he said.
In another development, Tomaz Salomão considered it a positive thing that these actors are brought to the table, in order to dialogue about their prospects and the difficulties they foresee and, above all, the way they look at the future of Mozambique.
"We Standard Bank as an investment bank, we think we should bring these actors to this debate, because the decisions on investments take time to mature," he concluded.
The summit addressed the immediate and future challenges of Mozambique, obtaining views and a bold vision that takes into account the main topics from energy, infrastructure, to agriculture, through discussions and presentations made by experts, senior economists and CEOs.