AGP Executive Report
Last update: an hour agoFLNG Engineering: MODEC has won a key contract to supply the internal turret mooring system for Eni’s Coral Norte floating LNG project in Mozambique, supporting safe weathervaning in cyclone-prone waters and building local capability for future regional work. Aviation Restructuring: Mozambique’s government is asking for patience as it restructures Mozambique Airlines (LAM), placing it under management of state firms including CFM, EMOSE and HCB amid supplier-debt pressures after past attempts to rescue the carrier. Maritime & Trade Finance: Afreximbank appointed Peter Adeshola Olowononi as Southern Africa Director of Regional Operations, with Mozambique included in the region covered by the Zimbabwe-based office. Food Security & Fisheries: Mozambique’s coastal communities remain central to food and jobs, but drought, cyclones and overfishing are worsening malnutrition risks, with El Niño raising the stakes for another potential food crisis. Public Health & Water Access: A new global map highlights how safe drinking water remains out of reach for large populations, underscoring the infrastructure gap Mozambique and the region still face.
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