Mozambican President Daniel Chapo on Thursday, 29 October, invited Russian companies and investors to explore opportunities in Mozambique's strategic sectors, calling for cooperation that would help diversify the country's economy and create sustainable employment, according to the Lusa news agency.

"We invite Russian companies and investors to explore opportunities in Mozambique, on a basis of mutual benefit, as Russia has always accustomed us to," Chapo said, addressing the plenary session of the Russia-Africa Summit in Moscow.

The head of state said Mozambique aims to build a more diversified economic structure capable of generating employment opportunities, particularly for women and young people, who make up the majority of the population.

Among the priority areas identified for cooperation with Russia, Chapo highlighted mechanised agriculture, industry, infrastructure, transport, logistics, energy, tourism, digital transformation and the blue economy. He also drew attention to education, technical and vocational training, healthcare and scientific research.

"We do not merely want to attract investment — we want to strengthen national capacity so that investment produces effects that endure long after the completion of each project," he declared.

Speaking before African leaders and Russian President Vladimir Putin, Chapo also advocated deepening cooperation in the fight against terrorism, transnational organised crime, money laundering and cyber threats.

"We believe Russia plays an important role in this fight, as it has shown throughout our national liberation struggle and over more than 50 years of our independence," he said.

Chapo argued that the summit's action plan should establish clear priorities, defined responsibilities and effective monitoring mechanisms in order to ensure greater consistency in cooperation between Russia and African countries.

On climate issues, he called for greater attention to climate justice and climate finance, stressing that the transition to a green economy must not compromise the development prospects of African nations.

Chapo reiterated Africa's need for a permanent seat on the United Nations Security Council, so that the continent can participate more effectively in discussions on global security and the upholding of the UN Charter.

The Russia-Africa Summit, which concluded on Thursday in Moscow, brought together leaders from 28 African countries to discuss the deepening of political, economic and security cooperation between the parties.