Data from fDiMarkets shows that FDI into Mozambique is once again on the rise following a downturn in 2009. The country enjoyed record levels of investment in 2008 but fell victim to the global economic downturn in 2009, when it saw a huge decrease in crossborder investment levels. The number of investments into the country in 2009 decreased by 58% compared to 2008, while capital investment decreased by 87% and the number of jobs created was down by 84%.
The situation improved somewhat in 2010 and again in 2011, however, with significant increases in the number of FDI projects, the amount of FDI capital and the number of jobs created. In 2011, there was a 73% increase in project numbers compared to 2010, a 14% increase in jobs created and, most noticeably, a 204% increase in the amount of capital invested.
Thus, FDI into Mozambique has almost recovered to 2008 levels, which itself was a remarkable year when compared to previous years. In 2011 there were 26 crossborder investments into the country, compared with 24 in 2008. Almost $10bn capital was invested, still some way short of the $12.1bn in 2008, while the number of jobs created as a result of FDI was nearly 5500, compared to more than 8500 in 2008.
Investments in the coal, oil and natural gas sectors account for the majority of FDI into Mozambique, in terms of project numbers, capital invested and jobs created.