AGP Executive Report
Last update: 5 hours agoMozambique Mining Policy: President Daniel Chapo signed a law requiring 15% free, non-dilutable state ownership in all mining ventures and local processing of minerals, as Mozambique pushes to capture more value from battery materials like graphite. Regional Trade & Security: Mozambique said five nationals were killed in South Africa xenophobic attacks, while South African police reported two deaths, as mobs forced foreigners into community halls along the south coast. Logistics Reform: South Africa’s freight overhaul is gaining momentum, with private rail and port upgrades on the agenda as policymakers push for more competition and faster movement of goods, including options via northern ports. Chinese Mining Scrutiny: Chinese nationals reportedly abandoned illegal Haroni River riverbed mining in Chimanimani after public exposure and regulatory pressure. Mozambique Business Support: The European Development Fund will disburse about €130m for Mozambique’s economic recovery, backing grants for business development, innovation, equipment and capacity expansion. Energy Context: South Africa’s electricity generation fell 9% year-on-year in April amid softer demand, even as the grid remains broadly stable.
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