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%).

Read more

Mozambique Economic Outlook

Mozambique has yet to recover from the economic downturn that started in 2015. The combination of declin ing prices for traditional export commodities, persistent drought effects from El Niño, internal military confrontations, and large decreases in foreign direct investment (FDI) nearly halved the past decade’s 7% GDP historical average growth to 3.8% in 2016. This drop was compounded by the 2016 governance crisis, which reduced external financing and donor support. The recovery of GDP growth to an estimated 4.7% in 2017 and a projected 5.3% in 2018 is due to increased coal exports and agricultural production; other sectors are likely to underperform.

Read more


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

Show more facts


Activity



Resources



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