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Mozambican Food Industry to Grow 3.7% in 2024 to More Than €580M – Government

Mozambican Food Industry to Grow 3.7% in 2024 to More Than €580M – Government

The Mozambican government expects the start-up of new factories next year, which are already in the installation phase, to increase the volume of production in the food industry by 3.7 per cent to more than 580 million euros.

According to documents supporting the Economic and Social Plan of the State Budget for next year, which are being discussed in the National Assembly and to which Lusa had access today, the increase in production in the food industry, to 39,497 million meticals (581.6 million euros) in 2024, stems from “the expected start-up of new factories”.

Among the new factories due to come on stream in Mozambique next year, the government lists an organic sugar and alcohol gel processing plant in Cabo Delgado province, Chiúre district. It will have the capacity to process 1,300 tonnes of organic sugar per year and 172,800 litres of alcohol gel per year, and is expected to employ 66 workers.

In addition, there will be a cashew nut processing plant in the Massinga district, with the capacity to process 50 tonnes of cashew kernels a day, with 500 workers expected to be employed.

In the national drinks industry, the Mozambican government expects production to reach 23,363 million meticais (344 million euros) in 2024, equivalent to growth of 3.2 per cent, “as a result of the performance of existing industries and market demand”.

Tobacco production in the country “has been declining due to the generalised reduction in global demand on the international market”, with the government forecasting an increase of 0.5% in 2024, to a value of 7,567 million meticals (111.5 million euros), the same documents describe.


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