Qatari investors encouraged to look into Mozambique’s energy and manufacturing industries.

During the meeting, Nyusi met with HE Sheikh Faisal, who welcomed the president and emphasized Qatari businessmen’s desire to collaborate with their Mozambican counterparts. [Image: courtesy]
Mozambique—President Felipe Jacinto Nyusi of Mozambique has urged Qatari investors to look into the infrastructure, energy, gas, fisheries, transportation, agricultural, real estate development, and mining sectors in the East African country.

HE Sheikh Faisal bin Qassim al-Thani, Chairman of the Qatari Businessmen Association (QBA), made the statement at a meeting with Nyusi on the fringes of the president’s visit to Doha. The purpose of the meeting is to introduce Mozambique and its investment opportunities.

During the meeting, Nyusi met with HE Sheikh Faisal, who welcomed the president and emphasized Qatari businessmen’s desire to collaborate with their Mozambican counterparts.

Sheikh Faisal also stated his desire to learn more about Mozambique’s investment climate, emphasizing that the Qatari private sector “is constantly looking forward to researching and searching for new investment opportunities.”

Nyusi emphasized that Mozambique has become a popular investment destination due to the country’s enormous oil and gas reserves, as well as its agriculture sector, which is one of the country’s most important industries.

Sheikh Faisal emphasized his interest in studying the Mozambique market and relevant business opportunities at the conclusion of the meeting, emphasizing the need of developing new markets, expanding cooperation, and forging strong relationships between the two countries.

In 2021, the volume of trade between Qatar and Mozambique was estimated to reach around QR71 million.