FT MOZAMBIQUE SUMMIT Accelerating a Return to Growth and Stability
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FT MOZAMBIQUE SUMMIT Accelerating a return to growth and stability 2 November 2016 Polana Serena Hotel, Maputo Lead partner Gold sponsor GENERAL INFORMATION ` Lunch and Refreshments Networking Drinks Reception Feedback Questionnaire Lunch and refreshments We invite you to our Networking Please fill out a feedback will be served throughout Drinks Reception taking place in form to give us your the Summit. Le Baron from 17:35. thoughts on the Summit. Copies will be distributed during the event. 5 è 7 Mobile Phones Security Internet Access As a courtesy to other For security reasons it is There is unsecured wireless delegates, please ensure important that you wear your internet access available that your mobile phone is Summit badge at all times. throughout the Summit area. switched to silent whilst in Please ask a member of FT the Summit Room. staff for access details. b Post Event Media Photographs and speaker presentations will be available after the Summit. Videos of a selection of Summit sessions will be available to view from 7 November. An email including details of how to access these will be sent following the event. Please note that only Summit sessions for which we have permission to publish will be available and that these are subject to FT copyright rules. These can be viewed at www.ft.com Social Media For live updates from the event and to participate on Twitter: t @FTLive #FTMozambique Follow us on Instagram for the best pictures from our events: @financialtimeslive. Taken a picture at our event? Tag it with #FTLive Join the Financial Times Live LinkedIn group: ą http://on.ft.com/linkedin WELCOME FT MOZAMBIQUE SUMMIT Dear Guest, We are delighted to welcome you to the Financial Times conference on Mozambique: Accelerating a return to growth and stability. Mozambique is a dynamic, vibrant and challenging environment for international companies to do business. It is now entering an era of pivotal opportunity, after 20 years of political turbulence, there is a pressing need to manage major economic reform, improve financial transparency and find key ways to explore the diversification of natural resources and exports. The discovery of one of the most important international natural gas fields in the last 10 years offers the potential of significant long-term benefit to Mozambique. The Financial Times is delighted to be hosting this exclusive one-day summit which gathers the country’s political and global business leaders to debate a viable programme for accelerating the return to stronger growth. The programme will address the immediate and future challenges for Mozambique, gathering views that take account of key topics from energy, infrastructure, finance, agriculture, the emerging middle class and state vs private ownership. We encourage you to make the most of networking opportunities and to engage with speakers who will be on hand to answer questions during the sessions. Please do take a moment to fill in a feedback form before you leave today. Your input will help us to develop future events and maximise value for attendees. Yours sincerely James Gunnell Head of FT Live Financial Times Live | Global Conferences & Events AGENDA 08:00 Registration and Refreshments 10:20 Financial Focus: Key Drivers for Growth within a More Resilient and Transparent Landscape 09:00 The President Arrives Mozambique’s economic growth outlook had been considered to be getting brighter, however, with sudden revelations of large amounts of undisclosed debt the focus is now about the full restoration of trust and confidence in the financial environment. This also comes at a time 09:10 Welcoming Address when the economy is waiting for a pivotal break in speeding up the potentially transformational LNG projects. Mrs Iolanda Cintura, The Governor of the City of Maputo The panel discussion will discuss: • How different experts and official’s perspectives will 09:15 Chair’s Opening Remarks influence Mozambique’s prospects • What are the main ways to re-build trust through David Pilling, Africa Editor, Financial Times transparency to strengthen the credibility? • Where are main areas for economic diversification against the backdrop of elevated risks and ongoing global 09:20 Welcoming Remarks financial crisis • IMF: Building greater accountability and managing debt H.E. Adriano Afonso Maleiane, Minister of Economy and towards financial stability Finance, Republic of Mozambique • Developing a clear system of regulatory and tax rules • Protection of foreign investment • Where are the opportunities for restorative economic growth? 09:25 Opening Keynote Presidential Address Moderated by H.E. Filipe Jacinto Nyusi, President, Republic of Andrew England, Southern Africa Bureau Chief, Financial Mozambique Times Ari Aisen, Resident Representative in Mozambique, IMF 09:45 President leaves the summit Dr Rui Barros, Chief Executive Officer, Barclays Bank Mozambique 09:50 Keynote Address: Restoring Stability to 10:45 Networking break the Economy • The financial sector is currently stable, however it is still at risk from external and internal vulnerabilities • What measures are being implemented to combat the culture of corruption, fraud and tax avoidance? • How can access to finance be improved? H.E. Adriano Afonso Maleiane, Minister of Economy and Finance, Republic of Mozambique FT MOZAMBIQUE SUMMIT 11:15 LNG Discussion: Gas Projects: 12:30 Networking lunch An Update on Licensing Rounds and Gas Developments While it is expected that LNG production will not kick off 13:50 Afternoon Chair’s Opening Remarks until 2020 at the earliest, it will transform the structure of Mozambique’s economy, as well as government Andrew England, Southern Africa Bureau Chief, revenues and exports among other things. Concerns Financial Times that the collapse in oil prices could cause big delays in the commercialization of Mozambique’s LNG projects is putting increased focus the potential of new power transmission lines to boost power trading. 14:00 Partnership Debate: Accelerating Infrastructure Transformation: Improving This panel will discuss: Ports, Roads, Airports, Marine Services, • What is the latest status of Mozambique’s natural gas Telecommunications & Power Sector resources and projects? • How to manage both national and international Mozambique has massive potential underpinned by its expectations: maintaining interest in the medium and vast natural resources, but it will take some time until long-term potential of LNG the benefits spread through the whole economy. Key • What can power generation using renewable sources do hurdles are the challenge to diversify the economy and to plug the gap in energy markets upgrade transport infrastructure to meet rising demand. • Examining the need for more regulatory frameworks to Mozambique’s transport infrastructure and links remain support sustainable, renewable energy growth in disarray two decades after its civil war ended. Opening Keynote This panel will discuss: H.E Leticia da Silva Klemens, Minister of Mineral • How to examine how to reduce the dependency of Resources and Energy, Republic of Mozambique Mozambique on imported refined oil products • How delays in LNG is furthering the need Moderated by for diversification, the role of renewables, new power Andrew England, Southern Africa Bureau Chief, generation project Financial Times • How will infrastructure financing be handled – the role of BOT (Build, Operate and Transfer) Roland Kjell, MD and CEO, Norfund • Where are the key opportunities for investment in ports Paul Eardley-Taylor, Head, Oil & Gas, Invest Banking, and transportation infrastructure? Standard Bank Group • Securing investment in new communications eco- systems • What is the future potential of the recently upgraded airport for tourism? 11:45 Keynote: How Oil & Gas Projects Development can offer Growth Opening Keynotes: Opportunities beyond Energy Industry Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World • Opportunities for investment in the community and strategic health management Moderated by • The role of the social development and health policy Andrew England, Southern Africa Bureau Chief, making processes Financial Times Filippo Uberti, Vice President, Eni Health, General Ambassador Christopher Dell, Chief Executive, Bechtel, Secretary of Eni Foundation – Eni Mozambique Mario Macaringue, Technical and Commercial Director, Executive Board, CETA ENGENHARIA E CONSTRUCAO 12:10 In conversation with: Thriving in the New Global Economic Landscape Chuma Nwokocha, Chief Executive, Standard Bank, Mozambique Interviewed by: David Pilling, Africa Editor, Financial Times AGENDA 14:40 Panel Discussion: Agriculture is key: Moderated by Balancing national vs foreign based David Pilling, Africa Editor, Financial Times investment Dr Herbert Wigwe, CEO and Group Managing Director, More investment is needed in agriculture as the most Access Bank plc widespread economic activity. The largest, most accessible Alon Lits, General Manager, Sub-Saharan Africa, Uber region of fertile lands in southern Africa are proving a Brian Richardson, CEO & Founder, Wizzit magnet to enterprising investors, particularly from South Dr Jason Sumich, Senior Research Fellow, GIGA Institute of Africa and Zimbabwe. African Affairs This panel will discuss: • What are the different means and potential for growth in 16:40 Panel Discussion: Doing Business this sector in Mozambique: Negotiating and • Private or private/state joint venture farming is Executing Better Deals increasing: How to raise the production of export crops