Opportunities in Mozambique
Mozambique’s investment deal pipeline is promising over US $100 billion in the next 10 years.
Oil & Gas
Investments in natural gas are expected to reach at least US $55 billion, including onshore facilities for LNG production. In terms of downstream activities, Mozambique is expected to receive a projected US $14 billion in investments. This includes gas to liquids, fertilisers, power plants and pipelines. New concessions are promising and indicate that there is more to come.
Mining
Mozambique’s biggest export commodity is coal (mostly coking coal) with 13 million metric tons produced in 2017. This figure is set to rise. Mozambique has the biggest known deposits of rubies and graphite in the world. Other mining commodities include gold and heavy sands.
Manufacturing
With more than 6% growth per annum, the manufacturing sector is promising many opportunities in industrial manufacturing, construction & materials, downstream aluminium, transport & logistics and food processing. Recent investments include beer, food processing, construction materials and car parts manufacturing. Mozambique is home to Mozal Aluminium smelter, the second biggest aluminium smelter in Africa. Mozal is situated in Beluluane Industrial Park along with manufacturers from more than 15 other countries.
Agriculture
Mozambique has 36 million hectares of farmable land, of which only 10% is currently being used in formal agricultural activities. The fast-growing local consumer demand of 800 000 additional people every year presents many opportunities. Agricultural production for export, regional and local consumption includes cashew nuts, coconut, dried legumes, bananas, raw sugar, oily seeds, other nuts, soybeans, corn, rice, vegetables and fruit.
Energy
Mozambique is a member of the Southern African Power Pool (SAPP). With a generation increase planned from 2.6 GW to 17.7 GW by 2043 (56% gas, 30% hydro, 10% coal, 4% solar and wind), it is set to become a major energy exporter in Southern Africa.
Infrastructure
Mozambique has three logistics corridors linking Maputo, Beira and Nacala to bordering countries. New infrastructure projects include the port of Macuse in Quelimane, as well as investments in roads and rail. There are many more opportunities in transportation, water and sanitation and other infrastructure.
Tourism
Mozambique’s tourism assets include pristine beaches, coral reefs, turquoise seas, Big Five wildlife and game, bio-diversity-rich protected areas and a unique ‘Afro-Mediterranean’ culture. Sustainable growth in its tourism industry is helping Mozambique create much-needed jobs, attract foreign exchange, and is supporting broader economic development in the country. Increased investment in eco-tourism in the country’s protected areas will help Mozambique protect its biodiversity. Mozambique is the third most searched destination in Africa in online search engines and there are ample opportunities for investing in its hospitality industry.
