DAR ES SALAAM, Aug. 21 -- THE announcement that Tanzanias Mohammed Enterprises Tanzania Limited (MeTL) plans to invest 250 million US dollars (about 661.93bn/-) in Mozambique, potentially creating 20,000 jobs, is more than a significant corporate investment story.

It is an important signal of what a deeper Tanzania-Mozambique economic relationship could look like. The announcement followed a meeting between MeTL Group President and Chief Executive Officer Mohammed Dewji and Mozambiques President Daniel Chapo on August 18, this year.

According to reports, the discussions identified concrete investment opportunities in Mozambique, while the Mozambican Presidency welcomed the commitment in the context of efforts to mobilise private investm...