Mozambique: Debt of state-owned businesses up 7.15% in three months

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Mozambique: Debt of state-owned businesses up 7.15% in three months

2:34 CAT | 16 Sep 2025

File photo: DW

The debt of Mozambique’s state-owned business sector increased by 7.15% in the second quarter of this year, reaching over 39.582 billion meticais (€527.2 million), according to data from the Ministry of Finance consulted by Lusa today.

According to information on the evolution of public debt from April to June 2025, the increase is primarily explained by the “acquisition of new financing” totalling US$36 million (€31 million) by the public company Ports and Railways of Mozambique (CFM).

Regarding domestically issued debt, the report also states that CFM saw its outstanding debt increase by 504.6 million meticais (€6.7 million) compared to the end of the first quarter, reaching 7.171 million meticais (€95.6 million). This was due to the acquisition of new financing to co-finance the expansion of the Pemba Fuel Terminal in Cabo Delgado province.

Overall, the Mozambican state business sector’s external debt grew 14.5% in the second quarter, to just over US$292 million (€248.7 million), while recourse to domestic debt by public and state-owned companies increased 1.34%, reaching a total of 20.9 billion meticais (€278.5 million) by the end of June, according to data from the Ministry of Finance.

Mozambique has eleven public companies, seven exclusively state-owned companies, and nine companies with minority stakes in liquidation, according to government information this year.

Source: Lusa