AGP Executive Report
Last update: 2 hours agoTrade & Investment: Mozambique and the UAE concluded negotiations on a Comprehensive Economic Partnership Agreement, with non-oil trade already around $2.6 billion. Once signed and ratified, the deal is expected to cut tariffs and widen market access; the leaders also signed cooperation agreements on energy and tourism. Gas Infrastructure: ENH and Sasol signed an MoU to advance infrastructure carrying Rovuma gas to markets in central and southern Mozambique, including a proposed floating regasification facility. Separately, Rompco expects to agree by January on a $450 million LNG terminal near Inhassoro, targeting operations from 2030. Power & Logistics: The government is seeking sustainable financing to expand electricity networks and meet its 2030 access goal, while the prime minister called for modernised dredging equipment to improve port access and cargo movement. Climate Finance: Mozambique and Malawi can seek up to $40 million through a new climate-adaptation program for investments addressing floods, droughts and cyclones. Gas Revenues: Parliament approved a report showing 2025 LNG revenues of $88.13 million, down 2.6% year on year. The IMF warned that rising fuel prices are adding pressure to foreign-exchange reserves and public finances.
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