Mozambique advocates mobilising sustainable financing to drive development The position was presented during the launch of the African Development Bank’s (AfDB) 2026 Country Focus Report for Mozambique, under the theme “Mobilizing Mozambique’s Development Financing at Scale in a Fragmented World”.
The Secretary of State for Treasury and Budget, Amílcar Tivane, stressed the need to strengthen domestic resource mobilisation, improve public expenditure efficiency and attract responsible private investment as essential measures to drive Mozambique’s economic development.
In his address at the report launch on Friday, 16 October 2026, Tivane highlighted the longstanding partnership between Mozambique and the AfDB, established in 1977, which has resulted in the financing of major development projects and the production of technical knowledge to support public policy formulation.
The Secretary of State noted that economic growth slowed from 2.1% in 2024 to 0.2% in 2025. Amílcar Tivane explained that this slowdown reflects the effects of post-election disruptions, climate shocks, financing constraints and the weak performance of important sectors of the economy. In this context, he considered 2025 a starting point for an economic recovery that remains fragile.
Amílcar Tivane also stressed that assessments of economic performance should go beyond growth indicators and consider the economy’s ability to keep pace with population growth, create jobs, increase incomes and reduce poverty.
The official further highlighted that Mozambique has significant development opportunities but faces constraints that require solutions beyond resorting to borrowing. To address these challenges, he advocated strengthening domestic revenue, improving public expenditure efficiency, preparing high-quality projects and mobilising responsible private investment.
On the occasion, Tivane reiterated the importance of collaboration between the AfDB, other development partners, the private sector, academia and civil society, particularly in project preparation, the provision of concessional financing, the use of guarantees and the transfer of technical knowledge, with a view to translating the report’s recommendations into tangible results.
For his part, the AfDB’s Resident Representative in Mozambique, Rômulo Cunha Corrêa, explained that the Country Focus Report (CFR) is a key strategic analytical publication produced annually by the African Development Bank to complement the national economic assessment presented in the 2026 African Economic Outlook and the Southern Africa Regional Economic Outlook.
The report analyses the challenges and opportunities facing the Mozambican economy, contributing to debate on financing alternatives and measures capable of promoting more inclusive and sustainable economic growth.
Photo: Ministério das Finanças de Moçambique
Source: Ministério das Finanças de Moçambique / Press Release