Mozambique: Many challenges ahead

Subdued growth and two-digit inflation

While the country saw a +7.2% average growth over the 2000-2016 period, it experienced a loss of momentum as growth declined to +3.8% in 2016 due to the sovereign debt crisis. EH expects Mozambique’s economic activity to grow at a faster pace of +4.5% in 2017, driven by higher coal production and prices. However this is not meant to last since we only expect a 3% growth in 2018 that is below Africa’s growth. ​