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| Private investors urged to take greater risks in Africa
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Dakar, Senegal (PANA) -
Mozambican President Joaquim
Chissano urged African and international private
investors, Monday to take more risks and invest in
Africa.
"The private sector won't do anything in Africa if it does
not want to take risks. But we must together look into ways
to reduce such risks," said Chissano, who chaired a workshop
on the financing of energy projects at the ongoing conference
on the New Partnership for Africa's Development (NEPAD) in
the Senegalese capital.
"Had we waited for the full restoration of peace in Mozambique,
we would certainly have done nothing and the Cabora Bassa dam
would not have been built. We should not wait for things to
cool down to do something," Chissano said, in response to
concerns expressed by an African businessman on insecurity on
the continent.
However, the Mozambican leader proposed the creation of
"Peace Commissions" in African countries stricken by internal
conflicts.
"We must set up Peace Commissions in a move to settle the
conflicts in these countries where violence is wreaking havoc,"
Chissano said, and appealed to private sector operators to
be more involved in peace-making efforts in Africa.
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| Dakar - 15/04/2002 |
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