• Mozambique Country Profile

Mozambique

Mozambique covers a total area of 799,380 square kilometres and is divided into ten provinces, with the capital city Maputo also having provincial status. The country is divided into two topographical regions by the Zambezi River, one of the largest rivers in Africa. Its coastline runs 2,700km from North to South, giving it a geographical advantage over its inland neighbours, namely, Tanzania, Malawi, Zimbabwe, Zambia and Swaziland; who all make use of Mozambican ports as entry and exit points for international traffic.

Highlights

Mozambique is one of the fastest growing economies in Africa:

  • Politically stable
  • Multi-party democracy
  • Resilient GDP growth (post Covid-19) currently estimated at 4.2% in 2022 and 6% in 2023
  • Mozambican Mineral Resources governed by Mining Law 2014
  • 6% Production Tax
  • Mining concessions valid for 25 years and can be extended for a further 25 years

Investment in Mozambique:

  • Economic growth rate of 6%-8% in decade leading up to 2015, one of Africa’s strongest performances
  • Multi-billion-dollar investments in resource discoveries
  • Projected LNG investment equivalent to 4 times GDP
  • US$ 9.957 billion of IBRD/IDA commitments
  • Significant resource discoveries: Gold, Graphite, Rubies, Coal, Heavy Mineral Sands, Titanium, Tantalite, Vanadium, Iron Ore, Marble, Kaolin, Copper, Natural Gas

Mozambique Infrastructure:

  • 7 ports creating entry & exit points for inland neighbours
  • Multiple international airports
  • Over 30,000 km road network
  • Over 4,787 km of rail systems

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