Authors :
Stélio Bila
Volume/Issue :
Volume 9 - 2024, Issue 12 - December
Google Scholar :
https://tinyurl.com/mpcpcy8x
Scribd :
https://tinyurl.com/2uyaa6s7
DOI :
https://doi.org/10.5281/zenodo.14565247
Abstract :
The private sector in Mozambique is key to
economic and social development but faces challenges
such as informality, limited credit access, and poor
infrastructure. These issues hinder sustainable growth.
This study analyzes barriers and explores opportunities
for reforms and innovations. Using a qualitative
approach and literature review, the study highlights
potential in renewable energy, digitalization, and
sustainable tourism. Lessons from emerging economies
emphasize regulatory simplification and innovative
financing to boost competitiveness. Collaboration among
public, private, and third sectors is vital to unlocking
potential. Recommendations include simplifying
regulations, improving infrastructure, promoting
microfinance, and strengthening public-private
partnerships to drive inclusive growth.
Keywords :
Private Sector; Economic Development; Mozambique; Structural Reforms; Public-Private Partnerships (PPPs).
References :
- World Bank, Mozambique Economic Update: Shifting to More Inclusive Growth, World Bank Publications, 2021. Cited in Sections: 1 [1], 2 [12], 10 [61].
- World Bank, The Economic Acceleration Package and Strategic Investment in Mozambique, World Bank Publications, 2023. Cited in Sections: 2 [2].
- World Bank, Access to Finance and Economic Opportunities Project, World Bank Reports, 2023. Cited in Sections: 2 [3], 10 [48].
- International Energy Agency (IEA), Africa Energy Outlook 2023, IEA Publications, 2023. Cited in Sections: 2 [4], 11 [43].
- Mozambican Renewable Energy Association (AMER), Sustainable Energy Growth in Mozambique, AMER Reports, 2023. Cited in Sections: 2 [5].
- World Bank, Public-Private Partnerships: Challenges and Opportunities in Mozambique, World Bank Reports, 2022. Cited in Sections: 3 [6].
- UNDP Mozambique, Human Development Report 2023, UNDP Publications, 2023. Cited in Sections: 3 [7].
- World Bank, Lessons from Rwanda: Policies for Economic Diversification, World Bank Reports, 2021. Cited in Sections: 3 [8].
- USAID, Mozambique Economic Governance Review: Legal Framework for Investment, USAID Publications, 2020. Cited in Sections: 2 [9].
- African Development Bank, Strengthening Business Competitiveness in Africa: Mozambique Case Study, AfDB Reports, 2021. Cited in Sections: 2 [10], 10 [30].
- African Development Bank, Legal Challenges for SMEs in Emerging Economies, AfDB Reports, 2021. Cited in Sections: 2 [11].
- Human Rights Watch, Community Displacement and Mining Disputes in Tete Province, Human Rights Watch Report, 2021, p. 45. Cited in Sections: 2 [13], 13 [39].
- World Bank, Doing Business 2020: Comparing Business Regulations in 190 Economies, World Bank Publications, 2020, p. 23. Cited in Sections: 2 [14], 14 [38].
- USAID, Special Economic Zones in Mozambique: Legal Frameworks and Economic Impact, USAID Publications, 2022, p. 34. Cited in Sections: 3 [16].
- Transparency International, Corruption Perceptions Index 2022: Insights into Governance Challenges in Mozambique, Transparency International Publications, 2022. Cited in Sections: 4 [18], 4 [19].
- Hanlon, J., The Mozambican Debt Scandal: Political and Economic Consequences, Journal of African Studies, 2018, p. 23. Cited in Sections: 4 [20].
- World Bank, Public Financial Management in Mozambique: Advancing Transparency through e-SISTAFE, World Bank Publications, 2021, p. 112. Cited in Sections: 6 [23].
- African Development Bank, Digital Transformation in Africa: Lessons from Rwanda’s Irembo System, AfDB Reports, 2022, p. 34. Cited in Sections: 8 [27], 14 [41].
- International Finance Corporation (IFC), SME Credit Access in Mozambique: Access to Credit and Bureaucracy, IFC Reports, 2021, p. 12. Cited in Sections: 10 [32], 10 [47].
- UNDP Mozambique, Evaluation of e-SISTAFE: Challenges and Opportunities for Financial Governance, UNDP Reports, 2023, p. 9. Cited in Sections: 6 [24].
- World Bank, Natural Gas and Economic Development: Mozambique’s Role in the Global LNG Market, World Bank Publications, 2023, p. 67. Cited in Sections: 10 [31].
- Organization for Economic Co-operation and Development (OECD), Informal Trade and Market Regulation in Mozambique: A Case Study of Mercado Central, OECD Reports, 2021, p. 34. Cited in Sections: 13 [40].
- World Bank, Renewable Energy Development in Mozambique, World Bank Publications, 2023, p. 65. Cited in Sections: 14 [52].
- World Bank, Digital Transformation in Rwanda: The IREMBO System, World Bank Publications, 2023, p. 18. Cited in Sections: 14 [62].
- Grameen Bank, Annual Report 2023: Microfinance and Social Development, Grameen Bank Publications, 2023, p. 19. Cited in Sections: 14 [65].
- Save the Children, Education and Community Development in Mozambique, Save the Children Reports, 2023. Cited in Sections: 15 [66].
- UNDP Mozambique, Third-Sector Contributions to Mozambique’s Development Goals, UNDP Reports, 2023. Cited in Sections: 15 [67].
The private sector in Mozambique is key to
economic and social development but faces challenges
such as informality, limited credit access, and poor
infrastructure. These issues hinder sustainable growth.
This study analyzes barriers and explores opportunities
for reforms and innovations. Using a qualitative
approach and literature review, the study highlights
potential in renewable energy, digitalization, and
sustainable tourism. Lessons from emerging economies
emphasize regulatory simplification and innovative
financing to boost competitiveness. Collaboration among
public, private, and third sectors is vital to unlocking
potential. Recommendations include simplifying
regulations, improving infrastructure, promoting
microfinance, and strengthening public-private
partnerships to drive inclusive growth.
Keywords :
Private Sector; Economic Development; Mozambique; Structural Reforms; Public-Private Partnerships (PPPs).