AGP Executive Report
Last update: 6 hours agoMozambique–South Korea Industrial Push: In Maputo, the government challenged South Korean firms to invest in local processing of critical minerals and natural gas, aiming to move beyond raw-material exports and boost jobs, with promises of better business conditions. Rovuma LNG Momentum: Saipem and Jan De Nul signed a letter of intent with ExxonMobil for Rovuma LNG Phase 1 work (about €11m), covering early engineering and procurement ahead of a final investment decision. Fisheries Skills Boost: President Daniel Chapo inaugurated a Chinese-built Higher Polytechnic Institute in Quissico, Zavala, focused on aquaculture, fish processing and logistics to cut post-catch losses and raise value. Telecom Consumer Protection: Mozambique’s INCM reported 391,700 telecom complaints in 2025 and ruled for consumers in about a third, including refunds and compensation over 160,000 meticais. Mount Mabu Protected: Mozambique formally protected Mount Mabu as a 9,341-hectare community conservation area, safeguarding endemic wildlife and the “butterfly forest” hotspot. Drug Lab Case: Two Mozambican nationals in South Africa face charges after police allegedly found a mandrax lab worth about R110m.
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