AGP Executive Report
Last update: 4 hours agoMozambique Infrastructure & Trade: CFM says it is moving ahead with the second phase of the Ressano Garcia railway doubling project, budgeting $160m and targeting a start next July to boost Maputo Corridor freight capacity after flood-linked losses. Industrial Power & Manufacturing: Mozambique’s Mozal aluminium smelter remains in care-and-maintenance as electricity costs stall production; South Africa’s IDC is now weighing options to acquire South32’s 63.7% stake or restructure ownership to restart operations. Finance & Development: Mozambique has promulgated a law creating a National Development Bank to back strategic projects, with a majority state stake and room for commercial banks—aimed at closing investment gaps, including for agriculture and agro-processing. Logistics Costs: Shipping lines are rolling out new peak season surcharges and rate hikes affecting routes that include South Africa and Mozambique, adding pressure for exporters and importers. Regional Business Events: AME Trade Mozambique launched Trans-Log Moz 2026, a Maputo transport and logistics conference/exhibition set for 4–5 November, focused on ports, rail, cross-border trade and digital transformation. Governance & Security: A major investigation highlights the disappearance of Mozambican journalist Arlindo Chissale, linking his activism and reporting to Cabo Delgado’s sensitive politics and alleged abuses. Energy Access: A partnership involving the World Bank, AfDB and Global Energy Alliance reports 50m Africans connected to electricity in two years, underscoring the wider push for power reliability that Mozambique’s industry also depends on.
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