Africa should have set tent to twenty years term strategy on how investment will look like by that time in order to fulfill the 2063 agenda according to Director General of Mozambique Investment and Export Promotion Agency (APIEX-Mozambique) Lourenco Sambo
He made these comments during IPA Africa Forum 1 to ensure the effectiveness of initiatives launched on that front.
Sambo pointed out that integration is about collaboration “and that is not an easy task.”
The APIEX-Mozambique director general gave tips on bolstering investment on the continent.
“If we want Africa to catch up, we have to change the narrative…We talk about the potential of Africa but we do not really realize the potential of Africa. For instance, we don’t talk about innovation in Africa,” Sambo asserted adding that although it is true that FDI brings in knowledge and technology, Africans have to have their own contribution in industrialization.
Another tip put forward by the APIEX-Mozambique director general is identifying the target market to cater to its needs. The main market should be Africa itself, then other markets, he added.
