Speaking in Nacala-Porto, Mozambique, President Daniel Chapo has championed the transformation of the country’s mineral resources as a key strategy to rectify its trade imbalance. He believes adding value to minerals domestically, rather than exporting raw materials, will significantly improve Mozambique’s economic standing. Chapo emphasized the necessity of industrializing the mineral sector to boost exports and reduce reliance on imports. This initiative aims to strengthen the national economy and promote sustainable development. The President's statement highlights a growing national focus on maximizing the benefits from Mozambique's natural resources. He encouraged investment in mineral processing facilities to create jobs and stimulate economic growth in Nacala-Porto and beyond. This move signals a commitment to shifting Mozambique towards a more industrialized and self-sufficient economy.

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