AGP Executive Report
Last update: 9 hours agoMozambique–Brazil Oil Tie-Up: Mozambique’s state hydrocarbons firm ENH and Petrobras signed an agreement to jointly study and develop oil and gas opportunities, including exploration, evaluation, production and marketing, as Maputo seeks stronger energy partnerships. Fluorspar Expansion Push: NeoTerra applied for a $5m US grant to expand its Monte Muambe fluorspar project in Mozambique, aiming to grow resources and assess downstream processing such as hydrofluoric acid. Mercury-Free Gold Reform: Mozambique is gathering international experience to formalise artisanal small-scale mining and cut mercury use in gold processing under the PlanetGold effort, targeting reforms over the next five years. Regional Trade & Industry Context: PPC warned South Africa’s cement market could be flooded with imports from Mozambique and Vietnam, urging anti-dumping action to protect local jobs and investment. Security & Human Impact Spillovers: Coverage also highlights Mozambique’s wider security and social pressures, including rising drug use and the lasting shock from the Palma siege, underscoring how instability can disrupt industry and investment.
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