Mozambican President Daniel Francisco Chapo has called on investors to honour approximately $4.2 billion in outstanding investment commitments, using the opening of CAVAME-d 2026 — the Mozambique Mining and Energy Week — held in Nacala-Porto, Nampula Province, to press for accelerated delivery.
Speaking at the launch event, President Chapo framed the transformation of natural resources as the primary engine of Mozambique's industrialisation ambitions. The address signals continued government pressure on both mining and energy investors to move from commitment to capital deployment, a persistent challenge in a country that holds some of the largest untapped hydrocarbon and mineral reserves on the continent.
The choice of Nacala-Porto as the venue is notable. The deep-water port city in Nampula Province sits at the northern end of the Nacala Corridor, a critical logistics artery linking landlocked Malawi and Zambia to the Indian Ocean. For large-scale resource projects requiring export infrastructure — particularly LNG and coal — port capacity and corridor development are foundational dependencies. A government signal from this location suggests intent to tie resource extraction explicitly to logistics and industrial build-out, rather than treating them as separate policy tracks.
Mozambique's energy investment landscape remains split between a stalled northern LNG belt — where TotalEnergies declared force majeure at Area 1 in 2021 following an Islamist insurgency in Cabo Delgado — and a series of smaller-scale onshore and near-shore gas developments in the south that have continued to advance. The $4.2 billion figure cited by President Chapo represents commitments across both mining and energy sectors, though the article does not break down the split between the two or identify specific project holders.
The CAVAME-d forum is Mozambique's principal annual platform for bringing together government, operators, and the international service and financing community. Its relocation to Nacala-Porto, away from the capital Maputo, reinforces the government's narrative around decentralised industrial development and the strategic importance of northern and central Mozambique to the country's resource export ambitions. For service companies monitoring entry points into the Mozambican market, the forum represents an active relationship-building opportunity and a venue to assess which of the $4.2 billion in commitments are moving toward procurement-stage activity.