Mozambique recorded a sharp jump in foreign direct investment in 2025, with inflows rising 60.2 percent to $5.69 billion, driven overwhelmingly by large‑scale oil, gas and mining projects in the Rovuma Basin, according to latest central bank data.
The extractive industry accounted for 91.5 percent of all investment, receiving $5.21 billion as capital continued to pour into hydrocarbon exploration, LNG development and the revival of coal and heavy sands operations.
The Bank of Mozambique said the surge reflects sustained momentum in major projects linked to the country’s vast natural gas reserves, particularly in the offshore Rovuma Basin, home to some of the world’s largest undeveloped LNG fields.
Mozambique hosts three approved LNG megaprojects: TotalEnergies’ development, ExxonMobil’s planned 18‑mtpa project awaiting a final investment decision and Eni’s Coral Sul floating LNG platform, which began producing in 2022 and is set to double capacity with the Coral Norte project from 2028.
FDI inflows have risen sharply over the past three years, growing 41.5 percent in 2024 and two percent in 2023.
The manufacturing sector attracted $120.9 million in 2025, a 10.4 percent decline, while real estate and business services received $66.4 million, up 17.9 percent.
Mozambique expects another record year in 2026, forecasting $5.88 billion in FDI as LNG construction accelerates.
JN/APA