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However, a combination of political and global economic issues have contributed to the post-2014 downturn in Mozambique’s progress.
Firstly, a low-level insurgency broke out
in 2013 between ruling political party Frelimo and opposition group Renamo,
amid accusations of fraudulent presidential elections. However, a truce has been in place with a cease re now a likely possibility.
Nonetheless, this period of con ict has stunted Mozambique’s growth, while  nancial di culties in the nation’s principal investing countries have also contributed to the decline.
Yet Mozambique’s signi cant and varied resources sector, which rivals those of established African energy markets South Africa and Nigeria, is set to buttress the nation’s creaking economy in the coming years.
A number of large-scale projects from the mining and natural gas sectors are set to come online, which will join a host of multi- billion dollar projects already in operation, that have shown resilience in the face of supressed commodity prices.
In particular, Mozambique’s o shore natural gas sector has been boosted by several recent discoveries, which have encouraged billions of dollars to  ow from international energy companies.
Italian oil major Eni is currently developing facilities in the gas-abundant Rovuma Basin, one of the biggest natural gas  nds of recent decades, with up to 16 tcf of natural gas identi ed across the basin.
Mozambique’s formidable resources sector is not the only aspect that contributes to the country’s position as an emerging sub- Saharan market and its attractiveness as an investment destination.
Other nascent sectors include manufacturing, shipping, transportation and  shing, all of which directly bene t from the country’s geographical location.
The establishment of a number of shipping ports which provide easy and convenient access to the Indian Ocean has created the perfect conditions for Mozambique’s heavy transport industry to thrive, a key sector for potential investors from the resources sector.
Furthermore, the nation is seeing steadily increasing levels of tourism, thanks to a long coastline of picturesque beaches. As a result, Mozambique’s construction and real estate sectors have simultaneously expanded, allowing for more varied FDI opportunities.
Overall, with recent political and economic concerns slowly diminishing, Mozambique remains to be a highly-coveted investment destination, particularly within the resources sector where policies are formulated to encourage public companies and private investors alike.

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