AGP Executive Report
Last update: 10 hours agoMozambique LNG supply chain: Corinth Pipeworks won a $200m–$250m line pipe contract for ExxonMobil’s Rovuma LNG Phase 1, supplying about 120,000 tonnes of 20–24 inch LSAW pipe for offshore gathering networks, with manufacturing in Greece. Energy security link to Maputo: A Standard Bank analyst says South Africa’s “Gas Cliff” and “Power Cliff” make gas import terminals critical, pointing to Matola in Mozambique (via ROMPCO) as a key route to expand gas-to-power and small-scale LNG options. Industrial policy: Mozambique approved regulations to operationalise the Development Bank (BDM), positioning it to mobilise long-term finance and catalyse strategic investment with a hybrid public-law/company structure. Mining and environment under scrutiny: Mongabay reports satellite alerts flagged years of mangrove destruction in Mozambique’s Zambezia Delta linked to heavy sand mining, while another report says a Chinese firm bought 70% of Triton’s Cabo Delgado graphite assets. Regional trade and logistics: Zimbabwean exporters plan to boost their presence in Mozambique at FACIM 2026, and Maputo continues to dominate regional chrome ore departures, with weekly volumes rebounding sharply. Digital infrastructure gap: A 2025 internet freedom report ranks Mozambique among the lowest for mobile and internet penetration in Africa, underlining constraints for AI and digital adoption.
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