Foreign Direct Investment (FDI) in Mozambique decreased by 10.6% from January to March this year, as reported by the Bank of Mozambique’s Balance of Payments document. Despite this decline, the country saw a net inflow of $926.7 million, up from $894.6 million in the same period last year, driven by a 68.1% increase in overall financial flows.
The extractive industry remained the top recipient of investment, securing $489.2 million, which is 75.2% of total FDI. However, this represents a 29% drop from the same period in 2023. Notably, gas operations attracted $280.3 million, accounting for 57.3% of FDI in the extractive sector.
Mozambique’s goods exports rose to $1.764 billion, an increase of $53 million compared to the first quarter of 2023.
