AGP Executive Report
Last update: an hour agoDigital Payments: PawaPay secured a Bank of Mozambique licence, allowing it to onboard merchants directly and connect them to the country’s mobile-money networks. Regional Cooperation: Mozambique and the Republic of the Congo signed 10 agreements spanning oil and gas, maritime trade, fisheries and tourism; President Daniel Chapo also urged businesses to pursue joint ventures. Mining & Investment: Vulcan-funded homes, a school, clinic and other services have been handed over to households resettled for coal mining in Tete, as the province promotes investment in minerals, agriculture and logistics. Titanium: Abu Dhabi-based IRH has made an offer for Kenmare Resources, operator of the Moma mine, while Kenmare negotiates with Mozambique over mineral-processing and export rights and royalties. Business Finance: The central bank introduced an 18-month mechanism to encourage lending to companies expanding exports and replacing imports, including a 9.5% reference rate for investment loans. Clean Energy: UK-backed funding of more than £2 million will support 10 African projects, including in Mozambique, focused on solutions such as solar cold storage and reliable power for businesses and essential services. Climate Finance: The EU has raised $47 million to support Mozambique’s climate response and sustainable energy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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