Mozambique - Professional Employer Organization (PEO)

Maputo is the official capital city of Mozambique and the largest town as well. Formerly Portuguese, the town was built around a fortress built in 1787. Maputo has a healthy climate embraced by slight sea breezes. The town is rich in history and attractive to visitors and expats’ eyes. It is by far the most developed town of the country. It has a wide selection of restaurants, hotels, supermarket and sidewalk cafés.

Currency

Mozambican Metical

Languages

Portuguese is the official language of Mozambique but as a native country, there are other languages available as well like a number of Bantu languages.

Economy

Over the last 25 years, the Mozambican economy has dramatically increased. Having wealth of natural minerals including iron ore, gold, bauxite and limestone. Mozambique is an Aluminium producer and became an important export for the country. Mozambique has the largest natural gas deposits of the Sub-Saharan Africa. On the verge of becoming one of the key worldwide players in the gas industry with over 20 billion barrels reserved in its deep waters. However, the country faced a drop of investments and a decline in the economy. Despite these issues, Mozambique is the 100^th largest export.