วันที่นำเข้าข้อมูล 1 เม.ย. 2569
วันที่ปรับปรุงข้อมูล 1 เม.ย. 2569
Mozambique Economy Summary News
From 01-07 March 2026
1. United States and Mozambique establish Economic and Commercial Bilateral Working Group
The establishment of the Working Group follows the successful visit of MZ President Daniel Chapo to the United States in October 2025, which reaffirmed the mutual commitment of both governments to deepen bilateral engagement and expand opportunities for trade, investment, and sustainable economic growth. The Economic and Commercial Bilateral Working Group will serve as a regular forum to identify business enabling environment challenges and develop practical solutions to overcome these challenges and improve U.S. trade and investment. The Working Group will be co-led by the U.S. Embassy in Maputo and the Government of MZ, including the MFA, Ministry of Finance, Ministry of Mineral Resources and Energy, Ministry of Economy, Ministry of Planning and Development, Ministry of Transport and Logistics, and the Tax Authority.
2. Oxford Economics lowers 2026 growth forecast to 0.3%
Oxford Economics forecasts that Mozambique’s economy, despite robust growth in the final quarter of 2025, will record near-zero growth of 0.3% this year, revising down its previous projection of 2.5% expansion. The Africa department of the British consultancy cites as key factors behind the downward revision of the country’s 2026 GDP forecast the recent floods, “which destroyed large areas of crops and infrastructure”, the announced closure of the Mozal aluminium smelter, and the temporary halt for scheduled maintenance of Eni’s Coral Sul floating LNG platform. As a result, Mozambique’s economic growth is expected to be constrained by “reduced exports, employment, production and consumer spending”, according to Oxford Economics.
Link: https://clubofmozambique.com/news/mozambique-oxford-economics-lowers-2026-growth-forecast-to-0-3//
3. Malawi, Mozambique and Tanzania launch $7million project to protect Rovuma River Basin
On 4 March 2026, Malawi, Mozambique and Tanzania formally launched a $7.12 million initiative to jointly manage the Ruvuma /Rovuma) River Basin and its coastal ecosystems at an inception workshop in Dar es Salaam, marking the start of a five-year effort to protect one of southeastern Africa’s most vital – and most vulnerable – shared waterways.
From 08-14 March 2026
4. Mozambique has enough fuel to keep the economy running until early May amid Strait of Hormuz disruptions – government
On 10 March 2026, The Secretary of State for the Treasury and Budget assured that Mozambique has 75,000 tonnes of fuel, sufficient until early May, at a time when the Strait of Hormuz is practically closed due to the conflict in the Middle East. Around 80% of Mozambique’s fuel imports pass through the Strait of Hormuz from the Middle East, Tivane said, adding that Mozambique currently has 75,000 tonnes of fuel, enough to meet domestic consumption needs.
5. Government approves strategy against money laundering
On 10 March 2026, The Mozambican government approved a strategy for combatting money laundering, the financing of terrorism and the proliferation of weapons of mass destruction. The strategy intends to strengthen the integrity and stability of the Mozambican financial system through a wide-ranging and sustainable approach. The strategy involves ministries, financial institutions, financial supervision authorities, NGOs, designated non-financial activities and professions, as well as private business.
6. African Development Bank Group approves $20 million facility to support SMEs
The African Development Bank Group has approved a $20 million Trade Finance Transaction Guarantee facility for Banco Comercial e de Investimentos S.A. (BCI), Mozambique’s leading commercial bank, to expand access to trade finance for small and medium-sized enterprises (SMEs). The three-year facility will provide up to 100% guarantee coverage to international confirming banks for trade finance transactions issued by BCI, helping to address the country’s widening trade finance gap. With transaction rollovers, the facility is expected to support up to $120 million in trade flows over 3 years.
From 15-21 March 2026
7. Closure of Mozal will have major impact
The Mozambican government has admitted that the closure of the Mozal aluminium smelter, on the outskirts of Maputo, will have a major impact on the country’s economy, especially because of the linkages between Mozal and a wide range of companies that supply the smelter with goods and services. Mozal is the largest company in Mozambique, but its majority shareholder, the Australian group South32, says it cannot continue aluminium production at the current cost of electricity (which, as for any aluminium smelter, is the main input). Negotiation on the electricity prices have been under way for months, with no sign of agreement.
Link:https://clubofmozambique.com/news/mozambique-closure-of-mozal-will-have-major-impact-aim-report/
8. Energy sector crucial for economic consolidation
On 16 March 2026, The MZ President, Daniel Chapo, during the working visit to to Brussels, declared that he country’s energy sector plays a crucial role in the economic consolidation of the Southern African Development Community (SADC), adding that Mozambique is a strategic partner when it comes to energy and logistics as it has “mega-projects in gas, renewable energies, and ports. Energy and logistics are fundamental in contributing to sustainable development.”
Link: https://clubofmozambique.com/news/mozambique-energy-sector-crucial-for-economic-consolidation//
9. Mozambique, Brazil finance ministries sign MoU to strengthen cooperation
The Mozambican government and its Brazilian counterpart have signed in Brasilia a memorandum of understanding covering the areas of public finance management, and development financing. The agreement, which is a formal commitment to sustainable development, was signed by Mozambican Finance Minister, Carla Loveira, and the Brazilian Secretary for International Affairs, Mathias Alencastro.
Link:https://clubofmozambique.com/news/mozambique-and-brazil-sign-agreement-on-public-finance-aim//
From 23-31 March 2026
10. Budget review may be necessary ‘in most extreme scenario’ if Gulf war escalates – minister
On 23 March 2026, Mozambique’s Finance Minister Carla Loveira, during an interview at the Mozambican Embassy in Brasília, amid a five-day official visit to Brazil, said that Mozambique is open to a budget review in an extreme scenario, if the Gulf War escalates and triggers a widespread rise in oil prices. “The full impact [of the war], and these effects on the economy, through imported inflation, the rise in fuel prices and their impact on cost increases, particularly for the basic food basket, could lead to a rise in public expenditure.”
11. President Ruto, Mozambique’s Daniel Chapo seal US$3 billion investment deals
President William Ruto has announced that Kenya and Mozambique have signed investment agreements worth $3 billion, spanning ten counties and several key sector.The deals, formalised during the Fourth International Investment Conference at State House, Nairobi, are expected to boost foreign direct investment, create jobs, and strengthen the economic partnership between the two nations.
12. President warns Mozambique may face higher fuel prices if Middle East conflict continues, reassures reserves sufficient for at least one month
On 29 March 2026, speaking during a review of his participation in the 11th Summit of the Organisation of African, Caribbean and Pacific States (OACPS), in Malabo, the capital of Equatorial Guinea, President Daniel Chapo, warned that, perhaps, around the end of April and beginning of May, according to the calculations we are making now, we will start to see these prices [increase], if the war continues. We still have a period of one month, one and a half months to hold on.
เวลาทำการ : วันจันทร์ - วันศุกร์ เวลา 09.00 - 17.00 น.
เวลาทำการฝ่ายกงสุล : 09.30 - 12.30 น.