The private sector in Cabo Delgado province, northern Mozambique, announced on Tuesday 19 December that it expects a significant improvement in the business environment next year, as security is being re-established in the districts affected by terrorism.
According to the president of the Provincial Business Council, Mahamudo Irage, there are strong indicators that the situation will improve, starting with the resumption of natural gas exploration along the Rovuma basin, which is an attraction for the emergence of more development projects.
“The recovery of business documents destroyed during the terrorist attacks and the licensing of 128 entrepreneurs will help boost the economy in 2024,” he explained.
The province of Cabo Delgado has been affected by a conflict since 2017 that has terrorised the population. Groups of armed rebels have pillaged and massacred villages and towns all over the province and a variety of attacks have been claimed by the ‘arm’ of the self-proclaimed Islamic State in that region. The conflict has already caused more than 4,000 deaths (data from The Armed Conflict Location & Event Data Project) and at least one million displaced people, according to an assessment made by the Mozambican authorities.
