Looking ahead

• Spotlight feature: Growth prospects & priorities

Blessed with natural resources such as arable land, forests, fisheries, coal, gas, and heavy minerals, in recent years Mozambique has become preferred destination for investments. Sectors such as pharmaceutical and cleaning products, food industry, financial services, and logistics continue to offer high growth potential and excellent opportunities, even in a dampened investment environment. At the same time, the government is also doing its part to attract more FDI and encourage growth by focusing on job creation, infrastructure construction, and rural development. Focusing on inclusive growth for all, Mozambique seeks to increase support to SMEs to generate more employment and prioritize the participation of youths and women in the country’s social and economic development. Meanwhile, local and global institutions continue to offer their support, working with stakeholders to improve the business environment in the country and advise government institutions on economic planning and execution. COVID-19 notwithstanding, Mozambique has much to be optimistic about.