The International trade Centre has strengthened its support to investment promotion agencies (IPAs) in Mozambique and Zambia with tailor-made solutions that include the development of investment promotion portals, capacity building, the hiring of Chinese-speaking experts to support Chinese desks, and online learning courses.
A second round of training for Zambia Development Agency (ZDA) and Mozambique’s Agency for Promotion of Investment and Exports (APIEX) supports a strategy for attracting Chinese investment, while staff from other specialized agencies involved in the investment promotion process in Mozambique and Zambia have also been included in the training.
The training has been opened up to provide an overall experience to potential investors with the goal of attracting investments with a high development impact. The involvement of staff from specialized entities in the agroprocessing and light manufacturing sectors has proved beneficial for generating investment leads.
Two workshops on preparing greenfield investment business proposals and preparing qualitative promotion materials for the agroprocessing and light manufacturing sectors were delivered in Mozambique and Zambia. Thirty-six participants attended the training and will receive coaching in coming months to finalize their investment project proposals, pitch them and negotiate with investors.
A participant from Zambia said: “It was a thoroughly enjoyable and informative workshop. The interactive format for the training made for very stimulating conversation and input from all the participants. I am looking forward to working on the investment project proposals!”
Two workshops on preparing inward and outward investment missions were also delivered, involving 32 participants.
“I will use the tools and knowledge learned in my daily work to plan events and missions; they are so useful. I think tools like the Responsibility Assignment Matrix should be put into our working systems as an organization,” said Denise Panguene, an APIEX officer.
The International Trade Centre (ITC) has been supporting investment promotion agencies (IPAs) in Ethiopia, Kenya, Mozambique and Zambia to strengthen their services so that they can better attract impactful foreign investments that benefit their economies and contribute to achieving development priorities, as part of its Partnership and Investment for Growth in Africa (PIGA) project.