With big opportunities coming up in infrastructure, power, agriculture and tourism, the president and CEO of Mozambique’s national investment bank is optimistic for the future.
The UAE’s ties have traditionally been with North Africa, but a number of factors are now persuading Emirati firms to look south of the Sahara.
Gas exports could provide lucrative markets for African countries, but getting a complex new industry off the ground can present difficulties.
Mozambique’s biggest coal exporter, Vale Moçambique, has recorded much-improved results for 2016.
Commentators are increasingly pessimistic about the Angolan and Mozambican economies.
As mining projects revive, new railways are being built to transport output.
Mozambique hopes to boost economy through industrial development zone in Tete Province, according to analysts.
African economic success in 2017 and beyond will demand real structural reform and diversification.
Mozambique security deal brings the resumption of coal transportation in the country.
Investors are cautious, but Africa’s plentiful oil and gas resources remain an attractive prospect.