AGP Executive Report
Last update: 10 hours agoNacala Port: Mozambique expects to choose a private operator by March, but the debate points to wider commercial and governance challenges beyond port equipment and management. Digital Payments: The Bank of Mozambique has licensed PawaPay to onboard merchants and connect them directly to the country’s mobile-money networks, which serve more than 12 million active accounts. Regional Business: Mozambique and the Republic of the Congo signed 10 cooperation agreements covering oil and gas, maritime activities, fisheries, tourism and SMEs; President Daniel Chapo also urged joint ventures in logistics and other sectors. Mining: Abu Dhabi’s IRH has made an offer for Kenmare Resources, which operates the Moma titanium mine. Mozambique is also among six countries in a five-year UN programme to boost local value from critical minerals. Investment in Tete: Chapo handed over a Vulcan-funded resettlement complex for households affected by coal mining, as a provincial conference promoted opportunities in agriculture, energy, infrastructure and logistics. Clean Energy: UK-backed funding will support projects in Mozambique and seven other African countries, including solar-powered cold storage and hybrid mini-grids.
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