Business
Mozambique is one of the main destinations for foreign direct investment on the African continent, mainly for exploration and exploitation of natural resources (forestry, mining, energy and fishing). Mozambique is also one of the top producers and exporters of electricity, rubies, graphite, coal and aluminium, and it also produces and exports significant quantities of fisheries produce and agricultural resources. Several international companies operate in the country, mainly Western, Chinese and South African. Telecommunications, financial, hotel and tourism services are widely available in Mozambique and can be found in any small or medium-sized town. The Government controls strategic sectors through state-owned companies, including the management of ports, railways, airports, air transport services, and the supply of water and electricity. MOZ TIMES covers business in Mozambique, focusing on events with impact on investors and markets.
TotalEnergies Accused of Complicity in War Crimes in Cabo Delgado, LeMonde
- The company financed military units which tortured civilians to death - In 2023, the consultant Jean-Christophe Rufin advised the...
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Chapo Expects to Reach an Agreement with TotalEnergies by Next Week
- Despite the lifting of the state of force majeure, the Mozambique-LNG project remains suspended, awaiting agreement between the parties...
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Government Keeps Inflation in Check as State Revenue Edges Higher in Q3
By MOZTIMES Maputo (MOZTIMES) – Mozambique maintained macroeconomic stability in the third quarter of 2025, with inflation easing and foreign...
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Mozambique Suspends Mining in Manica, the Country’s Largest Gold Producer
- Decision announced by the Council of Ministers aims to curb environmental damage - Researcher warns suspension alone is not...
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Mozambique Central Bank Imposes Currency Limits That May Worsen Foreign Exchange Shortage
By Noémia Mendes Maputo (MOZTIMES) – The Bank of Mozambique (BdM) announced new restrictions this week on the foreign currency positions...
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TotalEnergies Joins Legal Battle over US Funding for Mozambique LNG Project
– French multinational shows signs of desperation as funding freeze threatens 25% of total investment By MOZTIMES Maputo (MOZTIMES) – TotalEnergies...
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AfDB Approves $17 Million for Reconstruction and Employment in Northern Mozambique
By Noémia Mendes Maputo (MOZTIMES)—The African Development Bank (AfDB) has approved US$17 million in funding to support recovery and socio-economic...
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Environmental NGOs File Lawsuit in the US to Block Funding for Gas Exploration Project in Cabo Delgado
– Legal action puts US$4.7 billion approved by EXIM Bank at risk for the Mozambique LNG project Maputo (MOZTIMES) – International environmental organisations...
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Arab Bank to Fund Hospital Construction in Mozambique to Benefit Around 460,000 People
By Noémia Mendes Maputo (MOZTIMES) – The Arab Bank for Economic Development in Africa (BADEA) will finance the construction and equipping...
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Government Forgives Social Security Debt Fines
- Pension fund deposits dropped from MZN 13.11 billion in 2023 to MZN 3.34 billion in 2024 By Noémia Mendes...
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