President Emmerson Mnangagwa, who left the country this afternoon, has arrived in Mozambique to join other African leaders attending the US-Africa Business Summit which is being hosted by the Corporate Council on Africa (CCA) tomorrow (Wednesday).
Dubbed the premier conference on US – Africa business and investment, the summit which was established in 1997, is expected to bring together a number of heads of state from the region and President Mnangagwa is among leaders who have been invited by President Filipe Nyusi of Mozambique.
Running under the theme: ‘Advancing a Resilient and Sustainable US-Africa Partnership,’ the summit is expected give Zimbabwe a platform to engage, network, explore and advocate for trade and investment in light of its open for business drive.
Speaking to the ZBC News at the Robert Mugabe International Airport before departure with the President, the Minister of Foreign Affairs and International Trade, Retired Lieutenant General Dr Sibusiso Moyo said the US government will be launching a US$60 billion facility for Africa at the summit.
“You recall that there has been a development of the major powers. Like China which has introduced FOCAC and injected US$60 billion into Africa, the US is also taking the same route and will be launching a US$60 billion facility for Africa. President Mnangagwa is attending at the invitation of his counterpart, President Nyusi.
Over the last 20 years, CCA has hosted more than 40 US and African heads of state and over 13 000 participants at its summits which were previously held after every two years.
Starting this year, the summit will now be held annually.
On this departure, President Mnangagwa was seen off at the Robert Mugabe international airport by the Minister of Defence and War Veterans Affairs Cde Oppah Muchinguri Kashiri, Chief Secretary to the President and Cabinet Dr Misheck Sibanda, Deputy Chief Secretary to the President and Cabinet responsible for Administration and Finance Dr Martin Rushwaya, other senior government officials and service chiefs, among others.
In Cde Mnangagwa’s absence, Retired General Dr Constantino Chiwenga is the Acting President.