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**Mozambique’s Path to Development Hinges on Inclusion of Local Communities, Official Says**

**Maputo, Mozambique** – Mozambique’s economic future depends on ensuring that all Mozambicans benefit from the country’s abundant resources, according to Antonio Grispos, Secretary of State for Commerce. Speaking at the Maputo International Trade Fair (FACIM), Grispos emphasized the government’s commitment to inclusive growth, highlighting initiatives aimed at supporting local businesses and ensuring communities directly benefit from foreign investment.

Despite significant resource wealth, over 70% of Mozambicans live on less than $2.15 a day, and the informal sector dominates employment. However, Grispos argues that a strong entrepreneurial spirit exists, with many Mozambicans finding innovative ways to earn a living. FACIM offered a glimpse into this vibrant informal economy, with vendors lining the streets outside the formal exhibition grounds.

One such entrepreneur is Vania Pessane, owner of Ludmila Malambe, a small business producing products from the native baobab fruit. She sees events like FACIM as vital opportunities to grow her business and hopes to one day create a global brand for Mozambican Malambe.

Grispos highlighted the government’s vision for development, prioritizing “potable water for everyone” over “champagne for a few.” Key initiatives include a $20 billion partnership agreement with a Qatari investment firm and the planned restart of Total’s LNG project in Cabo Delgado. However, he stressed that foreign investment must adhere to a “law of local content,” ensuring that surrounding communities are hired and benefit directly.

Beyond attracting foreign investment, the government is also boosting local businesses through initiatives like the $40 million Mutual Guarantee Fund, designed to help small and medium enterprises. Crucially, the program also emphasizes training and financial literacy.

While young Mozambicans express eagerness for opportunities, they also stress the need for more structured support. While many businesses are eager to grow, they hope the government can create conditions in which they are able to promote the special products that only Mozambique has to offer. In fact, the products themselves can be an advertisement for the country if only businesses are given an opportunity to showcase them. “Government should promote our businesses outside – so we can show what we have, what we are, and what we can do with the natural resources that are here.”

**Key takeaways:**
* Mozambique’s development depends on inclusive growth, prioritizing benefits for all citizens.
* The government is focusing on both foreign investment and support for local businesses.
* Entrepreneurship is thriving in the informal sector, but structured support and access to opportunities are needed.
* There is a special opportunity to showcase Mozambique’s unique natural resources and business internationally.

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