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Mozambique

Mozambique is located on the east side of Africa. The African Bank Group describes Mozambique’s growth as being based first on direct foreign investment, next as a result of public expenditure, followed by coal mining revenues, credit expansion, and growth in tourism. The country is thus diversified in terms of growth, and tourism is a major industry in the private sector. This entry describes the tourism dynamics in Mozambique, lists popular tourist attractions, and discusses the role of tourism as an alternative source of growth.

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Located on the southeast coast of Africa, Mozambique is a country registering remarkable economic growth since 1987. GDP has grown at an average rate of between 7% and 8% per year, reaching two-digit levels in some years. The country has persistently ...

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