The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

Mozambique

Mozambique and the AfDB

Since its first project in 1977 in Mozambique, the Bank Group has regularly provided significant and diversified support to the country’s development efforts characterized by a well-balanced sector distribution: agriculture, US $568 million (28%); transport, US $300 million (15%); multi-sector, US $629 million (31%); water and sanitation, US $145 million (7%); power, US $128 million (6%); social, US $111 million (5%); communications, US $55 million (2%); industry/mining, US $47 million (2%); and finance, US $22 million (1%).

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Mozambique Economic Outlook

Real GDP growth was an estimated 3.5% in 2018, a dramatic decline from the average of 7% during 2004– 15. The decline was due to decreased public investment and a 23% decrease in foreign direct investment in 2015–17. The fiscal deficit was an estimated 6.7% of GDP in 2018, up from 5.5% in 2017. Since the discovery of hidden debt in 2016, Mozambique has been in default.

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Key Facts

Flag:
Capital: Maputo
Area: 801,590 sq km
Total Population 2017: 29.5 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 15.6 Billion
GNI Per Capita 2015: US$ 580
Inflation Rate: 15.33%
Crude Birth Rate (per 1000): 38.00%
Human Development Index (rank / 188): 181
Human Development Index (scale 0 to 1): 0.418
Membership Date: 04/06/1976
Cumulative Approvals (1967-2016): UA 1.4 Billion

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Activity



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Contacts

Mozambique Country Office

African Development Bank Group
Avenida Tenente Osvaldo Tazama e Marginal Torres Rani, 4o Andar Maputo
Tel: (+258)21498113 / (+258)21495273 / (+258)21495272 / (+258)21485271 / (+258)21495600 / (+258)21496409
(+258)823013268 / (+258)823053992 / (+258)823340127 / (+258)823117526 / (+258)843117528 / (+258)843117527

Mr Pietro Toigo, Country Manager

Southern Africa Regional Development and Business Delivery Office

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr Kapil Kapoor, Director General

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