Mozambique–Energy & Security: Russian FM Sergey Lavrov visited Mozambique and reiterated Moscow’s readiness to help Cabo Delgado fight Islamist “terrorist threat,” while also pushing deeper trade and economic cooperation ahead of the next Russia–Mozambique commission. Gas & Investment Disputes: Portuguese energy firm Galp has filed international arbitration at ICSID against Mozambique over a tax dispute tied to its 10% Area 4 Rovuma Basin stake sale, with Mozambique alleging underpayment of capital gains tax. Industrialisation & Agriculture: Former AfDB chair Akinwumi Adesina told Mozambican leaders that natural resources must be turned into industrial jobs and value-added (including gas-based methanol, ethanol and urea), alongside stronger agriculture and aquaculture to cut food imports. Climate Risk & Water Infrastructure: Mozambique’s meteorology authority warned of El Niño-related drought risk and said funds are short for preparedness, while the water ministry flagged plans to raise Hawane Dam capacity to protect potable supply. Regional Labour Pressure: South Africa’s anti-migrant violence is driving Mozambicans to seek travel documents for work back in the country, underlining how regional instability feeds directly into Mozambique’s labour and migration flows. Food Inputs Shock: WTO warned Gulf conflict disruptions have nearly halted fertiliser shipments via the Strait of Hormuz, pushing nitrogen prices sharply higher and raising food security risks for Africa, including Mozambique. Mining & Logistics Spillovers: South Africa’s crackdown on illegal mining saw Mozambicans among those arrested, while manufacturing output there fell in May—both likely to affect regional supply chains that Mozambique depends on.