AGP Executive Report
Last update: 2 minutes agoMozambique LNG & offshore engineering: Modec has secured a contract to supply the internal turret mooring system for Eni’s Coral Norte FLNG in Mozambique, a 3.6 mtpa project targeting first LNG in 2028, with Modec citing work on the earlier Coral Sul as the engineering baseline. Mozambique aviation restructuring: Mozambique’s transport secretary says patience is needed as Mozambique Airlines (LAM) is placed under management of other state firms (CFM, EMOSE and HCB) amid supplier-debt pressures after earlier rescue efforts. Mozambique food security pressures: A Mozambique-focused analysis warns that coastal livelihoods and fish supply are under strain from climate shocks and destructive fishing, with 2.7 million people needing urgent food assistance and child malnutrition still high. Climate entrepreneurship push (Mozambique): Village Capital’s ESEA programme has ended after backing 32 climate startups with $500k in grants across Ghana, Kenya, Malawi, Mozambique and Tanzania, including adaptation and food security ventures. Regional energy context: The IEA projects Africa’s energy investment at $110bn in 2026, with Nigeria leading despite weaker upstream spending, while electrification momentum continues under World Bank-backed Mission 300.
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