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🇲🇿 Mozambique: market & economy news today

The latest market, economy, central-bank, policy and company stories from Mozambique, updated every 15 minutes. Last updated 19 October 2026.

Mozambique investor snapshot

GDP growth (2025)-0.5%The economy is shrinking.
Inflation (2025)4.4%Above the usual central-bank targets.
Unemployment (2025)6.6%Moderate.
GDP per person (2025)$627Average output per person: a rough measure of how wealthy a country is.
Current account (2024)-11.0% of GDPDeficit: spends more abroad than it earns, so it relies on foreign money.
Exports (2025)41.4% of GDPAn open, trading economy.

Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.

Latest stories

Companies

Mozambique: Maputo mayor seeks Chinese investment for KaTembe and KaNyaka

Maputo Mayor Rasaque Manhique is inviting international investors to explore opportunities in the Mozambican capital, particularly in urban infrastructure, housing, digitalisation, transport, renewable energy, tourism and economic activities.

Source: Mozambique
Policy & Geopolitics

World Bank’s Banga sets goal of quintupling critical minerals financing in five years

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business ​in five years, and has identified 20 countries that it ‌can partner with on critical minerals development projects.

Source: Mozambique
Economy

Government of Mozambique, ECA, UNCTAD and the private sector unite to advance green industrialisation in Southern Africa

The Government of Mozambique, the United Nations Economic Commission for Africa (ECA), UN Trade and Development, and the Confederation of Economic Associations of Mozambique (CTA) have reaffirmed their shared commitment to accelerating green industrialisation as a pathway to economic transformation, job creation…

Source: Mozambique
Companies

Mozambique: Government and BADEA sign US$20 million financing agreement for Angoche port construction

The Government of Mozambique and the Arab Bank for Economic Development in Africa (BADEA) signed a US$20 million financing agreement on Friday, 16 October, for the construction of Angoche port in Nampula province.

Source: Mozambique
Economy

Mozambique: Canada to Support 200 Mozambican SMEs

[AIM] Maputo -- The Canadian government, through its initiative "Trade for Resilient, Inclusive and Sustainable Economic Growth" (TRISEG), will support 200 Mozambican small and medium-sized enterprises (SMEs), focusing on strengthening business competitiveness, export capacity, digital transformation and climate…

Source: AllAfrica
Economy

Mozambique: Government projects 1.6% growth in 2027

Mozambique’s government expects the economy to grow by 1.6% in 2027, with average inflation of 7% and a budget deficit of 4.6% of GDP. The Government expects the Mozambican economy to grow by 1.6% in 2027, with average inflation of 7%, a budget deficit of 4.6% of GDP and the start of operations of the… Source

Source: Mozambique
Economy

Mozambique: PESOE projects 1.6% GDP growth in 2027

Mozambique’s government expects the economy to grow by 1.6% in 2027, with average inflation of 7% and a budget deficit of 4.6% of GDP. The Government expects the Mozambican economy to grow by 1.6% in 2027, with average inflation of 7%, a budget deficit of 4.6% of GDP and the start of operations of the… Source

Source: Mozambique
Policy & Geopolitics

UN chief frontrunner Rebeca Grynspan says UN has ‘become too risk-averse’

UN must risk failure for peace, Grynspan tells Reuters She says quiet diplomacy key when major powers at war Costa Rican economist backs UN job cuts, less duplication Security Council to conduct a poll on next UN chief on Friday The United Nations has become too risk-averse and its next leader must be prepared to……

Source: Mozambique
Markets

Mozambique’s Sovereign Fund focused on generating intergenerational wealth – minister

The Mozambican Government has argued that revenue from liquefied natural gas (LNG) production should be used both to finance the country’s current development and to create wealth for future generations.

Source: Mozambique
Markets

Mozambique’s Sovereign Fund focused on intergenerational wealth creation – minister

The Mozambican Government has argued that revenue from liquefied natural gas (LNG) production should be used both to finance the country’s current development and to create wealth for future generations.

Source: Mozambique
Economy

Mozambique: CIM rejects suspension of grain imports

Companhia Industrial da Matola (CIM) has challenged the suspension of its wheat and rice import operations, announced by the Mozambique Grain Institute (ICM), describing the measure as “legally inadmissible” because it results from an “unlawful monopolistic regime for cereal imports”.

Source: Mozambique
Policy & Geopolitics

Mozambique Finance Minister meets IMF Deputy Managing Director Bo Li in Bangkok

Mozambique’s Minister of Finance, Carla Loveira, met with the International Monetary Fund (IMF) Deputy Managing Director, Bo Li, on Wednesday, 14 October 2026 in Bangkok, Thailand.

Source: Mozambique
Policy & Geopolitics

Mozambique-IMF talks on new programme proceeding “without obstacles” – minister

The Mozambican Government said today that negotiations for a new programme with the International Monetary Fund (IMF) were proceeding without significant obstacles to reaching an agreement by the end of the year.

Source: Mozambique
Economy

Mozambique advances economic growth through historic Local Content framework

Maputo, Mozambique – October 15, 2026 – The Government of Mozambique has achieved a historic milestone with the passage of Local Content Law 9/2026, approved unanimously by Parliament in record time under President Chapo.

Source: Mozambique
Companies

Chapo meets KPMG country chief ahead of Top 100 Companies in Mozambique report launch

President Daniel Chapo received Miguel Alvim, Country Managing Partner and CEO of KPMG Mozambique, on Tuesday (13 October) to discuss the 2026 edition of the Top 100 Companies in Mozambique (As 100 Maiores Empresas de Moçambique). KPMG’s annual economic survey and report is due to be launched in November.

Source: Mozambique
Economy

Mozambique: In Nangade, fish farming opens a path to economic recovery

With support from the Government of Japan and UNDP, 180 people in Nangade District are gaining new opportunities to rebuild their livelihoods, strengthen food security and contribute to the economic recovery of conflict-affected communities.

Source: Mozambique
Economy

Africa’s economic resilience masks rising inflation threat and fragile buffers, IMF warns

IMF upgrades 2026 regional growth forecast to 4.5% from 4.3% in April Interest payments consume about 12% of government revenue across region, IMF says Median inflation now seen rising to 5.0% in 2027 from 3.4% in 2025 Sub-Saharan Africa’s inflation outlook ⁠has ⁠worsened since April even as growth ⁠held up better…

Source: Mozambique
Companies

Mozambique: Chapo dismisses Samaria Tovela, appoints Edson Macuácua as Minister of Education and Culture

President Daniel Chapo, on Wednesday evening, dismissed Samaria dos Anjos Filemon Tovela from the post of Minister of Education and Culture through a presidential decree. In a separate presidential decree, the Head of State appointed Edson da Graça Francisco Macuácua to the post previously held by Samaria Tovela.

Source: Mozambique
Policy & Geopolitics

Mozambique: Finance minister attends Africa Group 1 Constituency meeting at IMF and World Bank Annual Meetings

Finance Minister Carla Loveira attended the Africa Group 1 Constituency meeting at the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group on 14 October.

Source: Mozambique
Policy & Geopolitics

Mozambique: Finance minister attends Africa Group 1 Constituency meeting at IMF and World Bank Annual Meetings

Finance Minister Carla Loveira attended the IMF’s Africa Group 1 Constituency meeting in Bangkok on 14 October, on the sidelines of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.

Source: Mozambique
Policy & Geopolitics

Mozambique trip chaos: Time To Shine, top creators in ugly public war

MBABANE- A group of local young content creators have clashed over travel agency Time To Shine A travel tour to Mozambique organised by Mvelase Mthembu, the Founder and Director of the travel agency Time To Shine, ended in a major public fight with a group of well-known content creators also active in promoting the…

Source: Times of Eswatini
Policy & Geopolitics

Mozambique’s 2027 budget framework sees narrower deficit, modest growth

Mozambique’s cabinet has approved the key parameters of next year’s budget, foreseeing a narrower fiscal deficit and modest economic growth. The budget framework, which now goes to parliament, projects a 2027 deficit of 4.6% of gross domestic product (GDP), down from a forecast of 7.0% of GDP in the 2026 budget.

Source: Mozambique
Companies

Mozambique: State revenue projected to reach 427.8 billion meticais in 2027

Mozambique’s state revenue, in 2027, is projected to reach 427.8 billion meticais (6.7 billion US dollars at the current exchange rate) within a macroeconomic framework pointing to an average annual inflation rate of 7 percent and real Gross Domestic Product (GDP) growth of 1.6 percent.

Source: Mozambique
Economy

BCL highlights new phase in Mozambique’s Local Content implementation

The Bureau of Local Content (BCL) of the Confederation of Economic Associations of Mozambique (CTA) has highlighted the approval by the Council of Ministers of the regulation implementing Mozambique’s Local Content Law, marking a further step towards operationalising the legal framework for the oil and gas sector.

Source: Mozambique
Markets

Mozambique seeks investors for mineral value addition and processing as Nacala hosts COVAME-d conference

The government, through the Ministry of Mineral Resources and Energy (MIREME), and its partners have said that the conditions are in place for the Conference on Adding Value to Mineral and Energy Resources (COVAME-d), to be held from 19 to 24 October in Nacala-Porto, Nampula province, to promote value addition and the…

Source: Mozambique
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