The agreement will allow the free movement of business people and investments, opening up space for diversification and increased export and investment mobility within Africa and to other continents.

In this context, the Minister of Industry and Commerce, Silvino Moreno, urged the private sector to modernize its services, so that Mozambican companies are able to compete internationally.

Silvino Moreno was speaking yesterday in Maputo at the African Export and Import Bank business forum, an event held on the sidelines of the Annual Private Sector Conference, CASP.