Mozambican President Daniel Chapo on Monday inaugurated the 60th edition of the Maputo International Trade Fair (FACIM), positioning the event as a strategic gateway for global partnerships and a catalyst for Mozambique’s economic transformation.
Held under the theme “Inclusive Growth Through Innovation and Cooperation”, the fair has drawn over 3,100 exhibitors, including 800 foreign companies from 30 countries. South Africa, Mozambique’s largest trading partner, is this year’s guest of honor. Organizers anticipate more than 70,000 visitors throughout the week-long showcase, which runs until August 31.
In his keynote address, President Chapo emphasized the government’s commitment to economic diversification, job creation, and fostering a transparent business climate. “FACIM is not just a trade fair—it is a symbol of our ambition to build a resilient, inclusive, and sustainable economy,” he said.
The 2025 edition carries added significance as Mozambique prepares to celebrate 50 years of independence. Chapo called on international partners to deepen cooperation and invest in sectors that empower local communities and drive long-term development.
A major highlight of the opening ceremony was the launch of a $40 million fund, financed by the World Bank, aimed at supporting small and medium-sized enterprises (SMEs). The initiative targets approximately 15,000 businesses in its first phase, with a strong focus on youth- and women-led ventures.
“This fund is a lifeline for our entrepreneurs,” Chapo noted. “It reflects our belief that inclusive growth begins with empowering those who innovate, create jobs, and build local value.”
FACIM continues to serve as a vital platform for regional integration, showcasing sectors ranging from agribusiness and energy to digital innovation and sustainable infrastructure. With Mozambique’s strategic location and growing investment appeal, the fair reinforces its role as a bridge between African markets and global investors.
As the country looks ahead to its golden jubilee, the 60th FACIM stands as a testament to Mozambique’s evolving economic narrative—one rooted in resilience, partnership, and opportunity.
