Mozambique

  • The Mozambican economy maintained its robust performance in 2012 with a real GDP growth of 7.4%. The progressive increase in coal production, the implementation of large infrastructure projects, coupled with credit expansion are expected to continue to drive growth to 8.5% in 2013 and 8% in 2014.
  • In the face of declining external aid flows, government efforts to address the poor infrastructure and expand social safety nets will require strengthening the institutional framework to increase revenue collection, properly manage debt levels and improve investment planning.
  • Despite more than a decade of sustained high economic growth, Mozambique’s economy did not undergo any significant structural change, limiting its capacity to sustainably reduce poverty and foster human development, still one of the lowest in the world.

Project Portfolio


Contacts

Mozambique field office

African Development Bank Group
Mozambique Regional Office (MZFO)
3rd floor, JAT 4 Building
Zedequias Maganhela, 267
Maputo, Mozambique

Tel: (258) 21326409 Ext. 6430-6499
Fax (258) 21315600

Contact
Mr. Joseph Ribeiro, Resident Representative


Mr. Chiji Chinedum Ojukwu
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 7110-2151








Key Facts

Flag:
Capital: Maputo
Area: 801,590 sq km
Total Population 2012: 24.5 Million
Urban Population 2012: 40.01%
Female Population 2012: 51.23%
GDP: US$ 15.1 Billion
GNI Per Capita 2012: US$ 470
Inflation Rate: 2.70%
Crude Birth Rate (per 1000): 36.57%
Human Development Index (rank / 187): 185
Human Development Index (scale 0 to 1): 0.327
Membership Date: 04/06/1976
Cumulative Approvals (1967-2012): UA 1.3 Billion

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