The U.S. Department of State’s Investment Climate Statements help U.S. companies make informed business decisions by providing up-to-date information on the investment climates of more than 170 countries and economies. They are prepared by our embassies and consulates around the world and analyze each economy’s openness to foreign investment. Topics include:
• Openness to, and Restrictions upon, Foreign Investment,
• Investment and Taxation Treaties,
• Legal Regime,
• Industrial Policies,
• Protection of Property Rights,
• Financial Sector,
• State-owned Enterprises,
• Corruption,
• Labor Policies and Practices,
• Political and Security Environment, and
• U.S. International Development Finance Corporation (DFC) and Other Investment Insurance or Development Finance Programs
Each statement provides a starting point for U.S. firms and offers a point of contact at the relevant U.S. embassy or consulate abroad.
These reports are also a resource for foreign governments to create business environments that ensure fair treatment for the United States and our companies and investors.
To access the full Investment Climate Statement, visit the U.S. Department of State Investment Climate Statements website.
Executive Summary - Mozambique
Mozambique’s lengthy coastline, deep-water ports, year-round growing season, beautiful tourist destinations, and vast natural resources give the country significant potential for U.S. investment. However, challenges to the investment climate include:
• political instability,
• corruption,
• state ownership of all land,
• high interest rates,
• scarcity of foreign exchange,
• weak infrastructure,
• vulnerability to heavy tropical rains and cyclones,
• low levels of education among the workforce,
• labor law that makes hiring foreign workers difficult, and
• an Islamic State-linked insurgency affecting parts of the country’s northern Cabo Delgado Province.
Mozambique’s investment outlook deteriorated compared to the previous year when hundreds of businesses across the country were damaged during post-election instability in late 2024. From September 2024 to May 2025 local protesters blocked the access road to the Balama graphite mine, which impeded the mine’s operations for several months. Government security services intervened to open the road in early May.
Areas of opportunity include international energy companies’ efforts to develop the Rovuma Basin gas fields offshore of northern Mozambique, which were bolstered when the Export-Import Bank of the United States decided in March 2025 to proceed with $4.7 billion in financing to the Mozambique LNG project after a four-year delay. Following improvements in local security conditions, energy sector observers expected the consortium to soon lift the force majeure it declared following a March 2021 terrorist attack on the nearby town of Palma. In April 2025, the Government of Mozambique approved plans for a second Floating Liquefied Natural Gas (FLNG) project to follow the successful launch of the first one in 2022.
Additional opportunities for U.S. investors and exporters exist in the following sectors:
• information and communications technology (ICT),
• biofuels, mining, and
• heavy equipment.
President Daniel Chapo has signaled that his administration will soon publish a plan for economic reforms that includes anti-corruption and business enabling efforts.