Maputo, April 27 (Xinhua) -- Prime Minister of Mozambique Benvinda Levi on Saturday officially launched the country's participation in the African Continental Free Trade Area (AfCFTA) during a ceremony held in the port city of Beira, local media reported.
Noting that Mozambique's trade with other African nations had reached 7.1 billion U.S. dollars over the past five years, Levi called on the private sector to invest in industrial development and infrastructure under the government's "Industrialize Mozambique" initiative.
The AfCFTA provides a platform for establishing strategic partnerships and boosting economic and business activities for the private sector, Levi was quoted as saying by the state news agency AIM.
This market, beyond accelerating the establishment of an integrated African public-private dialogue model, also holds the potential to increase Mozambique's trade with the rest of the African continent, she noted.
Mozambique became a signatory to the AfCFTA in 2018 and submitted its tariff offer in 2024. The proposal was approved by African Union heads of state and government in February 2025, paving the way for Mozambique to conduct trade with about 47 African countries under the agreement.
