Mozambique

Republic of Mozambique (Republica de Mocambique)

Portuguese Mozambican Metical (MZN) Civil law (Portuguese-influenced), customary law
AU, SADC, AfCFTA, Commonwealth, CPLP, WTO
Mozambique is positioned to become a major global LNG producer, with the Rovuma Basin holding some of the world's largest offshore gas discoveries. TotalEnergies (Area 1), ExxonMobil (Area 4), and ENI (Coral Sul FLNG, already producing) are the key operators.

The economy is driven by LNG (emerging), coal mining in Tete Province, heavy mineral sands (titanium, zircon), agriculture (cashew nuts, sugar, tobacco), and logistics through the strategic Maputo, Beira, and Nacala corridors connecting landlocked neighbors to the Indian Ocean.

Investment facilitation is via APIEX. Key challenges include the Cabo Delgado insurgency (impacting TotalEnergies' Area 1 project timeline), high public debt following the 2016 hidden debt scandal, and limited infrastructure outside major corridors. Despite challenges, Mozambique's long-term LNG prospects make it one of Africa's most significant investment destinations.
Snapshot Focus Sectors Regulations & Taxes Businesses (120) People (2) Deals (2)

Snapshot

Population~35.8 MWorld Bank WDI
GDP (current USD)$24.7 BIMF WEO
GDP per Capita$690IMF WEO
GDP Growth4.20%IMF WEO
Inflation (y/y)~4.00%Central Bank / IMF
Policy Rate (MIMO (Banco de Mocambique))10.25%Central Bank
Unemployment3.90%ILO / National Stats
Internet Use~20.00%World Bank WDI
Electrification~36.00%World Bank WDI
CPI Score (Rank)26.0/100 (#142)Transparency Intl
HDI (Rank)0.461 (#183)UNDP HDR
Credit RatingCCC+ (S&P) / Caa2 (Moody's)S&P / Moody's / Fitch
MarketBolsa de Valores de Mocambique (BVM)

Focus Sectors

LNG & Gas (Rovuma Basin)
Mining (coal
graphite
heavy sands)
Agriculture (cashew
sugar)
Fisheries
Logistics (Maputo/Beira/Nacala corridors)
Tourism
Power (Cahora Bassa)
Manufacturing
Construction
ICT

Regulations & Taxes

Corporate Income Tax32% (10% for agriculture/aquaculture until Dec 2025)
VAT / Sales Tax16% standard (5% reduced)

Business Directory (120)

View All
A�

Açucareira de Moçambique

Corporate

Indústria açucareira nacional

Maputo
A�

Açucareira de Xinavane

Corporate

Açucareira de Xinavane

Xinavane
AN

Anantara Bazaruto Island Resort

Corporate

Ilha Bazaruto de luxo

Bazaruto
AZ

Azura Benguerra Island

SME

Ultra-luxo em Benguerra

Benguerra
BA

Banco de Moçambique

Non-profit

Banco central de Moçambique

Maputo
BA

Bazaruto Archipelago National Park

Non-profit

Primeiro parque marinho

Vilanculos
BC

BCI Moçambique

Corporate

Um dos maiores bancos do país

Maputo
BO

Bolsa de Valores de Moçambique

Non-profit

Mercado de capitais nacional

Maputo
CA

Caminhos de Ferro de Moçambique

Corporate

Linhas férreas nacionais

Maputo
CD

CDM - Companhia Industrial da Matola

Corporate

Cervejas 2M e Laurentina

Matola
CL

Clube Ferroviário de Maputo

Non-profit

Os Locomotivas desde 1924

Maputo
CO

Confederação das Associações Económicas

Non-profit

Sector privado nacional

Maputo
View all 120 businesses

Tenders

View All

Environmental Impact Study for Augusto Maponesse and Inchope 3 Dams in Manica Province Mozambique

International Union for Conservation of Nature - ESARO

Purchase of Office Equipment and Furniture (ARA Norte)

International Union for Conservation of Nature - ESARO

Acquire digital services and equipment

World Bank-financed: Mozambique Digital Acceleration Project

Technical assistance for the establishment of the data protection office

World Bank-financed: Mozambique Digital Acceleration Project

Data Notes: Population, GDP, and GDP per capita are latest IMF WEO / World Bank estimates. Inflation is year-over-year. Trade data from UN Comtrade/OEC (2023). Tax rates from PwC/KPMG country guides. CPI from Transparency International. HDI from UNDP Human Development Report.
Narrative last updated: April 8, 2026.