Mozambique is a member of the African, Caribbean and Pacific Group of States (ACP), the African Development Bank Group (AfDB), the African Union (AU), the Community of Portuguese Speaking Countries (Comunidade dos Países de Língua Portuguesa or CPLP), the Commonwealth of Nations, the United Nations (UN), and the World Trade Organization (WTO).

The Mozambican Government is increasingly improving the business environment for trade and investment by implementing a series of legal, institutional and policy reforms as the country want to capitalize its great potential for foreign investors seeking to invest in the sectors of oil and gas, mining, constructing, energy, agriculture and tourism.

Mozambique, with Portuguese being its official language, is located on the southeastern coast of Africa, bordered by Tanzania, Malawi, Zambia, Zimbabwe, South Africa and Eswatini, with a long Indian Ocean coastline in the east. The country is strategically located with access to the sea, offering a significant advantage compared to the land-locked neighboring countries, which are dependent on Mozambique to access the global market. Mozambique has a strong economic link to South Africa.

The nominal Gross Domestic Product (GDP) of Mozambique is USD $14.02 billion, which registered the first contraction in 28 years by an estimate of 0.5% in 2020.  

The largest sectors in Mozambique are the services, which account for 39.9% of the total GDP, agriculture accounting for 26.03% of the GDP, being the main pillar of the country’s economy, and the industry sector contributing an estimated 22.86%. Major Mozambican industries include aluminum, coal, petroleum products, food, beverages and tourism. Mozambique holds the third-highest proven reserve of natural gas in Africa, with reserves of an estimated circa 100 trillion cubic feet.

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