President receives Core Energy Consortium CEO as group eyes investment in Mozambique’s energy sector

The interest was conveyed during a meeting on Tuesday between President Daniel Chapo and the company’s Chief Executive Officer and Co-Founder, Gabriele Callegarin. Speaking after the meeting, Callegarin said the Swiss-based company had chosen to explore investment opportunities in Mozambique because of its confidence in the country’s development prospects and the alignment between the company’s investment strategy and the government’s vision for economic growth. “We came here as Core Energy Consortium, a conglomerate committed to development.

We feel very closely aligned with His Excellency’s programme and vision,” he said. Callegarin said the company intends to establish a private investment operation in Mozambique, focusing on projects in the energy, oil and gas sectors, which it considers strategic for driving economic growth and unlocking the country’s natural resource potential. “We came with the intention of establishing an investment operation in the energy, oil and gas sector.

We are optimistic about moving forward with this project over the coming weeks and months,” he said. Headquartered in Switzerland, Core Energy Consortium operates in the energy, oil and gas, precious metals, including gold, infrastructure investment and public-private partnership sectors across several international markets. The meeting forms part of the government’s strategy to strengthen dialogue with the international private sector and attract investment into sectors considered priorities for Mozambique’s economic development.