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Mozambique’s first quarter foreign direct investments drop 66.8%, with South Africa making most investment

Foreign Direct Investment (FDI) in Mozambique saw a drop of 66.8% in the first quarter, compared to 2022, amounting to US$460.1 million.

According to the central bank's recent report, the primary investor was South Africa.

This significant decline in FDI was influenced by a 67.8% decrease in significant projects and a 54.3% reduction in traditional economic enterprises.

In the first quarter of 2022, Mozambique had garnered over US$1.386 billion in foreign investment, mainly due to the commencement of gas production projects.

South Africa remains the top origin country for FDI in Mozambique . . .

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