Business forum in Beijing

Mozambique will organise a business forum between Chinese and Mozambican business people in Beijing in early September, a diplomatic source told Macauhub.President Filipe Nyusi, who will be in Beijing to participate in the work of the China-Africa Cooperation Forum (FOCAC) in the Chinese capital on 3 and 4 September, will open the meeting on 2 September.

The business meeting will also be attended by the Minister of Natural Resources and Energy, Ernesto Max Tonela and the General Director of AIPEX Lourenço Sambo, who will make a presentation about the legal framework of investment in Mozambique.Business opportunities in the oil and natural gas sector will be addressed by the Chairman of the Board of Directors of Empresa Nacional de Hidrocarbonetos de Moçambique (ENH) Omar Mithá while Ben James, Executive Director of Baobab Resources Limited will discuss investment opportunities with specific reference to the Tete vanadium iron project and the Reváboé Free Zone in Tete. During the Forum, a number of Memoranda of Understanding (MOUs) are also expected to be signed between companies from Mozambique and China.