วันที่นำเข้าข้อมูล 31 มี.ค. 2569

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Mozambique Economy Summary News

From 01-07 February 2026

  1. Business sector calls for foreign currency injection to accompany interest rate cut

            On 02 February 2026, the Confederation of Economic Associations of Mozambique released a statement where are calling for an injection of foreign currency into the national economy as a measure to accompany the announced reduction in the interest rate, easing exchange rate pressure. To maximise the positive effects of monetary policy on the real economy, the CTA argues that the reduction of the MIMO rate should be accompanied by more active interventions in the Interbank Foreign Exchange Market, namely through increased injection of foreign currency to alleviate exchange rate pressure, the business document reads.

Link:   https://clubofmozambique.com/news/mozambique-business-sector-calls-for-foreign-currency-injection-to-accompany-interest-rate-cut/

 

  1. Logistics corridors are strategic assets – Prime Minister

            On 03 February 2026, the Prime Minister, Benvinda Levi, speaking in Dubai, at the Global Investment Summit on Africa, which brought together political leaders, financial decision-makers and international investors, said that Mozambique ports and logistics corridors are strategic assets for cooperation with international corporations interested in investing in the sectors of energy and the blue economy.  Mozambique has various strategic assets such as natural gas reserves, the Cahora Bassa Hydroelectric dam, and crucial minerals, especially graphite, gold and rubies. Levi explained that the mere existence of assets is not enough to attract international capital, with credibility being a determining factor for investor confidence.

Link: https://clubofmozambique.com/news/mozambique-logistics-corridors-are-strategic-assets-prime-minister/

 

  1. Leaders of Tanzania, Mozambique and AfDB say Africa needs investment, not aid, to drive transformation

            Leaders of Tanzania, Mozambique and the African Development Bank examined at a session, titled “Government and the Future of Investment: An African Perspective”, how the continent can unlock private capital at a pivotal moment in its economic transformation, at the World Governments Summit (WGS 2026). Prime Minister Levi focused on Mozambique’s progress in structuring large-scale energy and infrastructure investments. She cited the resumption of the Mozambique LNG project led by TotalEnergies, ExxonMobil’s Rovuma LNG project, ENI-operated floating LNG platforms, and a new $5 billion hydroelectric partnership with EDF and Sumitomo. According to Levi, Africa’s challenge lies not in a lack of assets, but in bridging the gap between those assets and global capital through better governance, risk mitigation, and project structuring.

Link: https://clubofmozambique.com/news/wgs-leaders-of-tanzania-mozambique-and-afdb-say-africa-needs-investment-not-aid-to-drive-transformation/

From 08-14 February 2026

  1. Mozambique: State revenue reached 352.6 billion meticais in 2025

            On 10 February 2026, The Mozambican government spokesperson and Minister of State Administration, Inocencio Impissa, speaking after the Council of Ministers (cabinet), has announced that the State revenue collection, over the last year, reached 352.6 billion meticais (5.5 billion US dollars at the current exchange rate) corresponding to 91.4 percent of the annual target, compared to 91.6 percent recorded in 2024. The government achieved 77 percent of compliance with the evaluated indicators in the implementation of the Economic and Social Plan and the State Budget for 2025 (PESOE). Impissa also revealed that public expenditure for 2025 reached the defined levels of 449.7 billion meticais, representing an achievement of approximately 86.5 percent of the target, “almost the same as the 89.7 percent recorded in 2024.”

Link: https://clubofmozambique.com/news/mozambique-state-revenue-reached-352-6-billion-meticais-in-2025-aim/

 

  1. Mozambique to concession Nacala port expansion and development project

             On 10 February 2026, the Council of Ministers approved the decree authorising the international tender for the concession the integrated expansion and development project of Nacala port in Nampula province, northern Mozambique, to maximise its capacity.

Link:https://clubofmozambique.com/news/mozambique-to-concession-nacala-port-expansion-and-development-project/

 

  1. Govt trying to keep largest industry going one month before shutdown

Mozambique’s Energy Minister, Estêvão Pale, said the government is trying to avoid the suspension of operations at the Mozal aluminium smelter, the country’s largest industry, which employs 4,000 people and is scheduled to halt activity within a month. The dispute concerns Australia’s South32, Mozal’s main shareholder, which operates on the outskirts of Maputo, over the energy tariffs to be provided by Mozambique for the smelter’s operation. South32 announced in December that Mozal would suspend activities and enter care and maintenance from 15 March 2026, due to the absence of a new electricity supply agreement.

Link : https://clubofmozambique.com/news/mozambique-govt-trying-to-keep-largest-industry-going-one-month-before-shutdown//

 

 

From 15-21 February 2026

  1. African Development Bank’s Mozambique Country Manager Rômulo Cunha Corrêa presents credentials to government

            On 16 February 2026, Mr Rômulo Cunha Corrêa, has formally presented his credentials to the Government of Mozambique in Maputo, marking the commencement of his official engagements in the southern African country. He highlighted the Bank Group’s active portfolio in Mozambique, comprising 39 projects with a total value of $1.6 billion. The portfolio focuses primarily on energy (53%), transport (27%), agriculture (14%), economic governance (2%), water and sanitation (2%), education (2%), and multi-sector initiatives (0.1%).

Link:    https://clubofmozambique.com/news/african-development-banks-mozambique-country-manager-romulo-cunha-correa-presents-credentials-to-government/

 

  1. Government creates commission to kickstart Development Bank of Mozambique

            On 17 February 2026, The Mozambican government on Tuesday established the commission that will operationalise the Development Bank of Mozambique (BDM), which was announced about a year ago during Daniel Chapo’s inauguration as the country’s fifth President. The resolution creating the founding commission of the BDM was approved at the weekly meeting of the Council of Ministers, held in Maputo, according to a statement issued at the end of the session. The commission is a technical advisory body to the Government “tasked with ensuring the preparation of all instruments necessary for the creation and operationalisation” of the future institution, the statement added.

Link: https://clubofmozambique.com/news/government-creates-commission-to-kickstart-development-bank-of-mozambique//

 

  1. Mozambique’s Finance Ministry admits short-term ‘liquidity pressures’

            On 20 February 2026, Mozambique’s Ministry of Finance has acknowledged that the country is facing “liquidity pressures” in the short term, but maintains that the medium-term economic outlook “remains structurally sound”, while continuing work on a programme with the International Monetary Fund (IMF). These treasury pressures, the Ministry of Finance explains, stem from “pressing development needs”, a “reduction in external support”, and “an unprecedented series of exogenous shocks”.

Link: https://clubofmozambique.com/news/mozambiques-finance-ministry-admits-short-term-liquidity-pressures/

 

From 22-28 February 2026

  1. World Bank aims to give Mozambique $6 billion of financing over next five years

            On 23 February 2026, The World Bank Group’s director for Mozambique, Fily Sissoko, after a meeting with the head of state, Daniel Chapo, in Maputo, said that the WB plans to provide Mozambique with US$6 billion over the next five years, half of which will be under the new partnership framework focused on job creation. At issue, Sissoko explained, is the new Partnership Framework (CPF), recently approved by the World Bank Group for the period 2026–2031, which focuses on job creation to bring about economic growth in Mozambique.

Link:    https://clubofmozambique.com/news/mozambique-world-bank-to-provide-us6b-for-job-creation-economic-growth-over-five-years-watch/

 

  1. IMF urges Mozambique to bring wage bill to 11% of GDP by 2028

            The International Monetary Fund has urged Mozambique to contain public expenditure primarily through the wage bill, recommending the elimination of the 13th-month salary in 2026, with partial reinstatement in 2027 and 2028, freezing base salaries and career progressions, among other measures aimed at reducing the public wage bill from 14.4 to 11 percent of GDP by 2028. The recommendation appears among dozens of other issues and proposals in the IMF report following its regular consultations with Mozambique.

Link:https://clubofmozambique.com/news/imf-urges-mozambique-to-bring-wage-bill-to-11-of-gdp-by-2028-find-out-how-and-why/

 

  1. Mozambique urges Africa to push for fair agricultural negotiations in global trade

            On 26 February 2026, speaking at the opening of the Meeting of African Trade Ministers in Maputo, the Prime Minister, Benvinda Levi, said that Africa must advocate fairness in agricultural negotiations to correct distortions harmful to producers, also emphasising that e-commerce should promote digital inclusion. Minister stated that African countries should, at the 14th Ministerial Conference of the World Trade Organization (WTO), to be held in March in Cameroon, push for a balanced reform of the organisation that preserves consensus and restores an effective dispute resolution system. Mozambique also wants the African continent to advocate for appropriate treatment for least-developed countries, ensuring gradual and predictable transitions, while reinforcing the institutional role of the African Union in global trade governance.

Link:https://clubofmozambique.com/news/mozambique-urges-africa-to-push-for-fair-agricultural-negotiations-in-global-trade/