AGP Executive Report
Last update: 11 hours agoLNG & Shipping: Lloyd’s Register granted South Korea’s GasEntec an Approval in Principle for a new FSRU design, with flexible open-, closed- or combined-loop regasification aimed at up to 1 bcf/day—useful for Mozambique’s floating gas ambitions. Energy Diplomacy: TotalEnergies’ Africa strategy spotlighted renewed momentum for Mozambique LNG and the push to build local industries, suppliers and jobs around major projects. Agribusiness & Investment: Nampula Province invited Indian agribusiness to scale oilseed production and edible oil processing, with the Asia Africa Agri Alliance convening industry and technology talks in Mumbai. Mining & Security: South African police arrested 22 suspected illegal miners in Mpumalanga, including Mozambicans, as Operation Vala Umgodi continues to target gold-bearing equipment and refining activity. Marine & Climate: Rare orca and whale-shark sightings off Mozambique are rising alongside El Niño-linked shifts in currents and plankton, raising questions for fisheries and coastal planning. Regional Finance: UK bank exits are driving a surge in COMESA mega-mergers, with banking and energy/petroleum leading deal counts. Corporate Moves: Kenmare Resources received a nonbinding takeover proposal from Abu Dhabi’s IRH; the Mozambique-linked Moma titanium mine remains in focus.
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