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

  • GDP growth declined to 4.3% in 2016 due to fiscal tightening, slowdown in foreign direct investment and the “hidden” debt crisis; it is expected to pick up to 5.5%, driven by exports from the extractives sector.
  • Though the incidence of poverty has declined, the number of poor people remains almost the same, amidst growing inequalities.
  • A weak manufacturing sector employs just 3.2% of the population, and is made up of small and micro-enterprises (90%).

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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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Contacts

Mozambique field 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. Joseph Ribeiro, Resident Representative

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