Malawi’s Vice President In Mozambique For US-Africa Business Summit

Vice President (VP) the Right Hon. Everton Chimulirenji on Tuesday arrived in Mozambican Capital Maputo upon being delegated by the State President Prof. Pater Mutharika for the US- Africa Business Summit.

The VP was welcomed by Mozambique’s Foreign Affairs Minister Jose Condugua Pacheco, Malawi Ambassador to Mozambique, His Excellency Frank Viyazhi and various other dignitaries.

The summit is scheduled to start from the June 19 to 21, 2019 June and will be opened by His Excellency Filipe Jacinto Nyusi, President of the Republic of Mozambique.

Heads of State from various African countries are expected to attend the summit including; King Mswati III, Kingdom of Eswatini; H.E. Paul Kagame, President, Republic of Rwanda; H.E. Hage Geingob, President, Republic of Namibia; H.E. Uhuru Kenyatta, President, Republic of Kenya; H.E. José Mário Vaz, President, Republic of Guinea-Bissau; H.E. Edgar Lungu, President, Republic of Zambia; H.E. Mokgweetsi Masisi, President, Republic of Botswana; Hon. Dr Ruhakana Rugunda, Prime Minister, Republic of Uganda; H.E Emmerson Mnangagwa, President, Zimbabwe; H.E Teodoro Mbasogo, President, Equatorial Guinea.

According to the Corporate Council on Africa Events, “the Summit will provide a platform for U.S. and African business and government leaders to engage on key sectors including agribusiness, energy, health, infrastructure, ICT, finance and more.”

Private sector and government decision makers will be able to network meet potential business partners and explore new business opportunities. Delegates will also be encouraged to help shape effective U.S.-Africa trade and investment policies.

Since the last U.S.-Africa Business Summit in 2017, the U.S.
administration and African governments have shown a renewed commitment to developing business-friendly initiatives and policies that foster greater economic engagement.

The United States–Africa Leaders’ Summit was an international summit held in Washington D.C. from August 4–6, 2014. Leaders from fifty African states attended the three-day summit, which was hosted by U.S. President Barack Obama. The summit primarily focused on trade, investment and security of the continent.

The multi-day conference will address the rapidly evolving models for business and investment in the continent’s most pressing sectors and offer countless opportunities to meet new partners, gather insights, and meet your business development goals.

Principal Secretary (PS) in the Ministry of Industry and Trade, Ken Ndala has said the US- Africa Business Summit is very crucial for Malawi.

Ndala made the remarks in the Mozambican capital, Maputo ahead of the summit at the Joaquim Chissano conference center.

The PS said the State President Professor Arthur Peter Mutharika was invited to attend the summit but it had pleased him to delegate the Vice President the Right Honorable Everton Chimulirenji.

“There is an opportunity for Malawi business sector to grow since the summit will draw a lot of experts, businesspeople and government authorities from Africa to interact with counterparts from the United States who want to link up with Africa including Malawi,” said Ndala.

The PS further said that Malawi has been benefitting from such summits citing AGOA as one example of these benefits.

“For the past 16 years with AGOA, Malawi has been benefitting by exporting soya beans, textile and other commodities to different countries,” said the PS.

The summit will be opened by His Excellency Filipe Jacinto Nyusi, President of the Republic of Mozambique and will draw various African Heads of State.