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Mozambique approves $5bn in investment projects, eyes 17,000 jobs

Mozambique approves $5bn in investment projects, eyes 17,000 jobs
Monday, 01 September 2025 08:32

• Mozambique cleared 115 investment projects worth $5 billion in H1 2025.
• Flagship project: $3 billion Green Energy Mozambique industrial park in Sofala.
• Foreign investors contributed $3.2 billion, led by industry, transport, and services.

The Mozambican government has approved 115 investment projects valued at about $5 billion in the first half of 2025, with the potential to create 17,000 jobs. Prime Minister Benvinda Levi announced the figures on August 30 at the closing of the 60th Maputo International Fair (FACIM).

The largest project is Green Energy Mozambique, a $3 billion industrial park in Sofala province. The complex is expected to generate 10,000 direct jobs and boost production of key materials including aluminum, steel, cement, batteries, and solar panels.

More than 88% of total investment was directed to Sofala, far ahead of Maputo. Foreign capital accounted for $3.2 billion, with contributions from investors in 25 countries. The funds mainly target industry, transport, communications, and services. Domestic investment stood at $144 million.

Levi said the results show the Mozambican economy is rebounding after climate shocks and post-election tensions, with the private sector driving growth. She also highlighted the launch of a $250 million mutual guarantee fund during the fair to support recovery and expand private sector participation.

These achievements align with the country’s strategy to strengthen investor appeal. In recent years, Mozambique has pursued reforms to attract capital, including the creation of the Investment and Export Promotion Agency (APIEX) and the adoption of a new investment law in 2023. The country now offers tax and customs incentives, along with special economic zones in agriculture, aquaculture, and less-developed regions.

According to UNCTAD, Mozambique ranked fourth in Africa for foreign direct investment inflows in 2024, reaching $3.55 billion, up from $2.5 billion in 2023, when it placed sixth.

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