On the 24th of November 2022, a conference on “Financing for Industry via Capital Markets and Development Banking” was held in Maputo, organized by the Industrial Association of Mozambique (AIMO) and the Order of Engineers of Mozambique (OrdEM), where the Bolsa de Valores de Moçambique (BVM) participated as a partner in the initiative.

The event was attended by the main players in the industry sector, as well as government representatives through the Ministry of Industry and Commerce, ISUTC, BNI, Banco BIG, among others.

In the opening note, the President of AIMO, Rogério Samo Gudo, referred that the industrialization process can only take place if all the necessary means are present. “Looking at those factors of industrial competitiveness, such as the quality of training, access to electricity, access to the market, scale, among others, we see a great challenge ahead”, said Samo Gudo.

Recognized that the challenges that still persist around the complementarity and articulation between public policies, with emphasis on fiscal and monetary policy, as well as sectoral policies that allow the flourishing of the national industry, which currently faces the challenge of weak growth, productivity and competitiveness, as well as weak inter-industry integration, including with raw material production sectors, with emphasis on agriculture, mining and other areas.

On the other hand, the Chairman of the Stock Exchange, SalimCryptonValá, presented the theme related to the Challenges, advantages and opportunities of financing industrial companies through the capital market. He urged AIMO associate members to use the BVM to finance and invest. “industrialization is not one of the paths, industrialization is the path to Mozambique's sustainable development, as it will allow a reduction in imports at all levels″ , underlined Valá.

On the occasion, a Memorandum of Understanding was signed between AIMO and the BVM, which aims to contribute to the financing of industrial operations, including the establishment of terms, conditions and partnership mechanisms for the promotion of actions with a view to improving the business environment. , growth of business opportunities and availability of financial and economic information in a timely manner.

The Memorandum sought to strengthen the partnership in supporting the development of the capacity and competitive structure of the national business community; Joint implementation of “roadshows” and promotion of good practices with regard to the advantages of listing on the stock exchange; and Joint implementation of advanced training actions in the areas of legality and corporate management of companies, good business practices, ethics, management and financial literacy, strategic planning and market research, for companies selected by BVM and AIMO.

 

 

Event Photos

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