IBOV 171,324.31 ▼ 0.43% IPC MEX 71,811.20 ▼ 0.27% MERVAL 2,848,945 — — USD/BRL5.64▲ 0.01% USD/MXN18.59▼ 0.04% USD/CLP994.00▲ 1.14% USD/COP3,305▲ 0.78% USD/PEN3.41▲ 0.21% USD/ARS1,545▼ 0.02% USD/UYU40.52▲ 2.14% USD/PYG6,185▲ 2.16% USD/BOB11.60▼ 0.28% USD/DOP60.57▲ 1.81% USD/CRC445.25▲ 0.47% USD/GTQ7.65▲ 2.13% USD/HNL26.90▲ 2.13% USD/NIO36.62▲ 1.57% USD/VES909.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 1.00% USD/TTD6.71▲ 1.04% EUR/BRL6.24▲ 0.81% BRENT 96.09 ▲ 0.28% WTI 88.90 ▲ 0.18% IRON ORE 161.91 — — COPPER 6.13 ▼ 0.90% GOLD 3,897 ▲ 0.30% SILVER 49.83 ▼ 0.28% SOY 1,233 ▲ 0.47% CORN 447.50 ▲ 1.13% WHEAT 594.75 ▲ 1.80% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.49% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 171,324.31 ▼ 0.43% IPC MEX 71,811.20 ▼ 0.27% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 0.01% USD/MXN 18.62 ▲ 0.07% USD/CLP 994.00 ▲ 1.14% USD/COP 3,305 ▲ 0.78% USD/PEN 3.41 ▲ 0.21% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.52 ▲ 2.14% USD/PYG 6,185 ▲ 2.16% USD/BOB 11.60 ▼ 0.28% USD/DOP 60.57 ▲ 1.81% USD/CRC 445.25 ▲ 0.47% USD/GTQ 7.65 ▲ 2.13% USD/HNL 26.90 ▲ 2.13% USD/NIO 36.62 ▲ 1.57% USD/VES 909.35 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 1.00% USD/TTD 6.71 ▲ 1.04% EUR/BRL 6.24 ▲ 0.81% BRENT 96.09 ▲ 0.28% WTI 88.90 ▲ 0.18% IRON ORE 161.91 — — COPPER 6.13 ▼ 0.90% GOLD 3,897 ▲ 0.30% SILVER 49.83 ▼ 0.28% SOY 1,233 ▲ 0.47% CORN 447.50 ▲ 1.13% WHEAT 594.75 ▲ 1.80% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.49% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
since 2009
Friday, November 13, 2026

Africa Eastern Africa

Mozambique’s Decade of Deepening Poverty

By · · 2 min read

In Mozambique, a narrative of resilience unfolds against a backdrop of escalating poverty. Since 2012, poverty has surged by 87%, affecting 65% of the population by 2022.

This rise persists despite the National Development Strategy (ENDE) set for 2025–2044, highlighting the nation’s ongoing struggle.

Natural disasters like Cyclones Kenneth and Idai have devastated communities, compounded by rising food prices, agricultural challenges, and terrorism in the north.

Free daily brief — no card needed
Get every Africa story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

These elements drove the consumption poverty rate from 46.1% in 2014/15 to 68.2% in 2019/20, with a slight decrease to 65% by 2022.

Poverty predominantly strikes rural areas, where 68.4% live in poverty, compared to 58.4% in urban centers. The north endures the worst, with over 70% in severe poverty.

Mozambique's Decade of Deepening Poverty
Mozambique’s Decade of Deepening Poverty.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Yet, there are glimmers of progress. The multidimensional poverty rate, reflecting access to education and clean water, dropped slightly from 55% to 53.1%.

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Guinea's gold ban sends thousands to Burkina”

However, issues like inadequate housing and a lack of utilities persist, especially in rural regions where two-thirds of the population resides.

Government Response

The government has responded by strengthening social security, increasing beneficiaries from 254,000 to 384,000 between 2010 and 2023.

Social transfers as a percentage of GDP rose from 0.47% to 0.73%, with public spending on social programs growing from 0.2% of GDP to 0.51%.

Addressing these issues, Mozambique has outlined a vast need for investment through the ENDE, estimating a requirement of 246 billion euros to overhaul its economy and society by 2044.

In addition, this strategy targets economic growth, infrastructure development, governance, and environmental sustainability.

It aims to boost economic growth from 5% to over 9% by 2043 and cut unemployment from 18.4% to 7.5%.

This ambitious plan also anticipates a shift in inflation, aiming for stability and growth.

Mozambique’s journey illustrates a determined fight against adversity, aiming to build a prosperous and equitable future for all its citizens.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Eastern Africa

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.