Since the end of the 16-year, devastating civil war in 1992, Mozambique has enjoyed a remarkable turnaround, with strong and sustained economic growth averaging approximately 7 per cent per year. But as “the low hanging fruits from post-war reconstruction were reaped” (IIM, 2012: 11), growth has largely been driven by overseas development assistance (Jones and Tarp, 2012) and mega-project investments in the form of large, capital-intensive, and foreign-owned operations, without any clear signs of a structural transformation taking place (Whitfield et al., 2015).1