Mozambique’s burgeoning tourism sector was a leading contributor towards new investments in 2023, attracting US$7.3 billion, equating to 42% of the country’s overall investment projects. And the sector could be set for explosive growth, with investors eyeing $1.7bn worth of additional new investment in the country.
Taking place in the capital of Maputo on May 16 and 17, the 19th Annual Private Sector Conference (CASP) showcased a portfolio of projects to high-nett-worth investors from 12 countries, including Mauritius, Saudi Arabia, Brazil, Portugal, the Netherlands, France, and Italy. Tourism and energy projects are amongst the main target areas for investment, according to Eduardo Sengo, DG of Mozambique’s Confederation for Economic Associations (CTA).
“All these businesspeople are looking for partnerships with Mozambican companies. They want to better understand the investment framework in the country, as well as explore the opportunities that have arisen with the recent…
