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    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

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    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

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    Mozambican Cotton Czar Reaffirms Global Clout

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    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

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    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

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    India and Japan Forge Closer Ties with Billions in Development Loans

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    Arrigoni Earns Gender Equality Certification

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    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

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    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
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    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

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    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

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    Russia-Ukraine war poses upsides risks on African agriculture: Economist

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

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    ASI Expands into Autonomous Construction with SoftBank

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    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambican Cotton Czar Reaffirms Global Clout

    Mozambican Cotton Czar Reaffirms Global Clout

  • International
    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    India and Japan Forge Closer Ties with Billions in Development Loans

    India and Japan Forge Closer Ties with Billions in Development Loans

    Arrigoni Earns Gender Equality Certification

    Arrigoni Earns Gender Equality Certification

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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Lusophone countries benefit from Africa Investment Forum

Ian by Ian
November 3, 2022
in Business, Editor picks, Equipment, International, News
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The Lusophone Compact is one of many successes that have emerged from the innovative Africa Investment Forum. The compact is a financing platform that provides risk mitigation, financing products and technical assistance to accelerate the development of the private sector in Africa’s Portuguese-speaking countries.

The African Development Bank, the government of Portugal and six Portuguese-speaking African countries—Angola, Cabo Verde, Equatorial Guinea, Guinea-Bissau, Mozambique and São Tomé and Principe—signed a memorandum of understanding during the inaugural Africa Investment Forum Market Days event in November 2018.

The African Development Bank president, Dr Akinwumi A. Adesina, says the partnership was “designed with one simple, overarching goal: more private sector and public-private partnership investments in Africa’s Portuguese-speaking countries.”

The compact was conceived in 2017 during a visit by Adesina to Lisbon, where he urged Portugal’s participation in driving private sector development in Africa’s Portuguese-speaking countries.

Since its establishment, the compact’s partners have worked to address differences in size and structure of member economies. Angola, for instance, is Africa’s tenth-largest economy. Sao Tome and Principe is the continent’s smallest, but it is one with a traditionally heavy reliance on agriculture.

The Africa Investment Forum continues to be a conduit for investment into these economies. The Africa Investment Forum Market Days 2019 event featured six projects with a value of over $700 million, which were eligible for Lusophone Compact financing.

One project at that event—though ineligible for compact financing, was the African Development Bank-led structuring of the largest ever single foreign direct investment in Africa. This was the Mozambique Liquified Natural Gas (LNG) Area 1 Project, valued at over $24 billion.  The African Development Bank contributed $400 million to the project.

Two years ago, the Mozambique LNG Area 1 Project and the African Development Bank jointly received Project Finance Magazine’s Multilateral Deal of the Year 2020 Award.

Since its establishment, the compact has continued to grow in scope.  In September 2022, during a business and investment forum organized as part of the 5th Luso-Mozambican Summit in Maputo, the African Development Bank and the Portuguese government signed a guarantee agreement for €400 million. Under the agreement, Portugal is providing guarantees of up to €400 million exclusively to African Development Bank-financed projects approved under the arrangement.

As African countries currently face challenging conditions linked to the Covid-19 pandemic, Russia’s war in Ukraine and climate change, the Africa Investment Forum is prioritizing the areas of transport, health, energy, infrastructure, and food security. These are the areas the forum finds necessary to dwell on to drive recovery.

This year’s Market Days event will also promote opportunities in industries where Africa has a comparative advantage, notably music, film and textiles. In addition, it will promote transactions that offer considerable benefit to women.

The investment transactions will be sourced from the investment pipelines of the eight founding partners of the platform. These partners are the African Development Bank, Africa 50; the Africa Finance Corporation; the African Export-Import Bank; the Development Bank of Southern Africa; the Trade and Development Bank; the European Investment Bank; and the Islamic Development Bank.

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