Mozambique, with its developing economy, presents a favorable environment for investments, especially in the micro and small enterprise (MSE) sector. These enterprises represent one of the fastest-growing segments in the country. They contribute significantly to the Gross Domestic Product (GDP) and play a vital role in the sustainability of the global market in an increasingly complex and interconnected scenario.
"Micro and small enterprises are the engine of Mozambique's economic development," said Carlos Mesquita, Minister of Industry and Commerce, at the National Conference on Micro and Small Enterprises in Maputo. "They not only drive the local economy but also create jobs and promote innovation," he added.
Despite their great potential, MSEs face several challenges that limit their full development. Lack of access to financing is a significant barrier, hindering their growth and competitiveness. Additionally, issues such as inadequate infrastructure and the need for integration into horizontal and vertical value chains were highlighted as obstacles to overcome.
To make Mozambican MSEs more resilient and competitive, conference participants emphasized the need for an integrated approach involving all sectors. Some of the proposed strategies include strengthening the industrial environment by promoting a robust industrial base, which is essential for improving the production capabilities of MSEs, allowing them to increase their competitiveness in the global market. Another idea is to focus on improving access to credit and implementing sustainable practices.
(By Rafael Langa)
