Mozambique is a southern African nation whose long Indian Ocean coastline is dotted with popular beaches like Tofo, as well as offshore marine parks. In the Quirimbas Archipelago, a 250km stretch of coral islands, mangrove-covered Ibo Island has colonial-era ruins surviving from a period of Portuguese rule. The Bazaruto Archipelago farther south has reefs which protect rare marine life including dugongs.

The onset of the COVID–19 pandemic caused a sudden stop to Mozambique’s good economic performance. Real GDP contracted by an estimated 0.5% in 2020, the first decline in 28 years, after growing 2.2% in 2019. A slowdown in construction, tourism, and transport, and a decrease in demand for commodities exports were the main drivers of the deceleration. Economic activity was also hurt by the escalating conflict in the northern province of Cabo Delgado, which has displaced more than 250,000 people and resulted in more than a thousand deaths.

Reasons to invest in Mozambique:

  • A favourable geographic location, with its long coastline and the proximity to southern African markets
  • The country’s economic growth
  • A young (65.48% of the population is under 25 years old – CIA World Factbook, est. 2020) and growing population
  • Good investment opportunities in infrastructure and the extraction of minerals (especially graphite, coal, and gemstones)
  • The country’s liquefied natural gas reserves (Mozambique is Africa’s third-largest holder LNG, with reserves of around 180 trillion cubic feet)
  • The launch of “mega-projects” expected in several sectors (liquefied gas, infrastructure, etc.)
  • Very favourable business climate: Mozambique uses the unilateral method to avoid double taxation of income of resident and permanent non-resident companies

Download Resources

Connect With Us

Tuscany Office Park, Ground Floor, Building XI, 6 Coombe Place, Rivonia, 2128, Johannesburg South AFrica

Opening Hours:
Mon – Fri: 08:00 – 17:00 CAT

Useful Links

Subscribe: News & Updates

The latest SADC Business Council news, articles, and resources, sent straight to your inbox every month.

SADC Business Council © 2021. All Rights Reserved