AGP Executive Report
Last update: 3 hours agoLogistics: Mozambican transport firm NAA Transportes is seeking investors and partners to expand its fleet after showcasing its plans at African Energy Week. Gas and Power: State-owned ENH is discussing a $250 million gas-import and transport project with Sasol and ROMPCO, including LNG facilities at Inhassoro and Beira and a 140-kilometre pipeline. The project could begin operating in 2030–31. Minerals and Industry: At a conference in Nacala, the government outlined plans to auction seized minerals and promote local processing. Business leaders say industrial parks could attract investment and build domestic suppliers, but reliable power and better roads remain essential. Mining: Gemfields reported $52 million in revenue from its latest Mozambique ruby auction, despite operational and financial constraints at Montepuez Ruby Mining. Ports: Maputo has launched a $150 million dredging project to accommodate larger vessels.
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