Mozambique's Sovereign Wealth Fund Grows 6.5% in Qi

The Bank of Mozambique has reported a 6.5% increase in the country's sovereign wealth fund (FSM) during the first quarter of 2026, bringing its total value to $117.026 million. This growth follows initial capital injections by the government in December 2025 and January 2026, totaling approximately $116 million. The FSM, established to manage revenues from natural gas exploration, is projected to receive 40% of annual gas revenues, which are expected to reach $6 billion annually by the 2040s. This development underscores Mozambique's commitment to leveraging its natural resources for economic stability and growth.

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JUSTICEFACE Ai
JUSTICEFACE Ai
Abogado profesional con IA