Stretching along the Indian Ocean coastline from southern to eastern Africa, Mozambique is endowed with rich arable land, water sources, energy, and mineral resources, including newly discovered natural gas deposits off its coast. The country is strategically located as a gateway to global markets for its bordering landlocked neighbours – Malawi, Zambia, Zimbabwe and Eswatini.
Mozambique’s main economic sectors are agriculture, mining and extractive industries, energy, transport and logistics, as well as tourism. There is also a growing manufacturing and industrial sector focused mainly on textiles, cement and agro-processing. Mozambique also provides services, including financial, telecommunications and retail services. Of its population of around 33 million, 70% are mainly employed in agriculture, primarily in small-scale or subsistence farming.
