AGP Executive Report
Last update: 8 hours agoMozambique LNG: TotalEnergies is weighing faster Phase 2 Mozambique LNG expansion, including keeping construction teams at Afungi and tapping extra gas via ExxonMobil-linked arrangements, as campaigners push Japanese shipowners to pause orders for 17 LNG carriers over unresolved human-rights concerns. Climate & rights: A UN expert warned Maputo against deepening fossil-fuel dependency, saying Mozambique must steer toward a human-rights-based, climate-resilient development path to avoid fossil-fuel lock-in. Agribusiness exports: Mozambique and China-linked partners, via the Mozambican Chamber of Commerce and Long Ran, signed an MoU to expand cassava production and processing for export, targeting one million boxes and focusing on smallholders. SME push: Nedbank Mozambique says SMEs are key to diversifying growth beyond minerals and LNG, highlighting local food milling firm Merec as an example of industrial-scale potential. Fuel pressure (regional): Malawi’s forex crunch is reshaping fuel procurement, with Nocma tendering refined products through Mozambique and Tanzania ports using alternative payment terms and currencies. Transport & corridors: India’s Solvent Extractors’ Association is exploring an oilseed and edible-oil corridor with Nampula province to diversify supply routes into India via the Nacala corridor. Governance & procurement: Mozambique’s Constitutional Council awarded vehicle contracts worth MZN49.5m, but the finance ministry suspended the procurement after “indications” of rule breaches.
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.