Posts Tagged ‘Mozambique’
Natural Resources Mozambique
Natural Resources Mozambique
Natural Resources in Mozambique
Mozambique is on the Eastern part of South Africa and has considerable amount of natural resources, of which major part is yet to be explored including coal, Gold, titanium, bauxite etc. The exploration and export of natural resources positively contributes to the poverty reduction and economic growth of the country. Natural resources are the gift to the country given by the nature and can be divided into renewable and non renewable resources. The principal natural resources of Mozambique are coal, Gold, iron ore, titanium, tantalum etc. Mozambique is blessed with abundance of natural resources; in fact there is no deficiency in Mozambique natural resources. Thus, natural resources help in boosting up the economy of Mozambique. In Mozambique dependence on forest resources is high because almost 70% of Mozambique is covered in forest. Approximately 80% of the total population lives in the rural areas where poverty detected is 54%. Natural resources can generate economic dynamics and a flow of income can help the Mozambique Government in fighting the poverty and stimulate economic growth.
Natural Resources Laws in Mozambique