The ongoing protests in Mozambique have severely affected businesses in the country, with over 150 shops vandalized and approximately €354 million lost. The protests, sparked by the disputed presidential election results, have also led to restrictions on internet facilities and social media sites, as well as the lockdown of the border with South Africa.

The opposition leader, Venâncio Mondlane, has called for nationwide protests, describing the presidential election as fraudulent. The situation has turned violent, with security forces using excessive force against protesters, resulting in the loss of many lives. The Confederation of Economic Associations of Mozambique reports that the trade, logistics, and transport sectors have been the most affected, with the transport industry recording a revenue loss of around €6 million during the protest period.

The protests have significant implications for the tech and startup community in Mozambique, as internet restrictions and social media blocks can hinder the operations of online businesses and startups. The situation is unlikely to end soon, with the opposition leader calling for further gatherings at ports, borders, and major cities, which could lead to further disruptions to businesses and internet services.