Search
  1. Home
  2. Southern Africa
  3. Mozambique

Investment up

    JOHANNESBURG

    A Southern African regional bank executive says Mozambique could see a 10-fold rise in foreign direct investment in the next few years, news reports said.

    The report said the investors were attracted by the government's commitment to privatisation and development. Development Bank of Southern Africa chief executive Ian Goldin was quoted as saying that Mozambique has become Africa's top foreign direct investment destination since 1996, when the government began revamping the economy. Goldin attributed Mozambique's
    improving foreign direct investment performance to the country's political stability since 1992, when a 16-year civil war ended.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

    We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

    Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join