Mozambique, with an annual GDP growth rate of 8%, is enjoying a spectacular boom in its natural resource-based industries, coal and natural gas, and the construction sector. As a result, investors are swarming in.
Foreign direct investment reached $5.9 billion in 2013, compared with $5.2 billion in 2012 and $2.6 billion in 2011. A favourable side-effect of this has been rising demand for investment-related financial services. Although investment banking and private equity in Mozambique are embryonic, activity in both these areas is steadily creeping up.
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