AGP Executive Report
Last update: 6 hours agoAgribusiness: Indonesia is exploring investment in Mozambique’s cassava-processing industry, including cultivation technology and processing facilities to add value to local crops. Energy: Eni plans to start drilling up to six wells in November for Coral North, targeting production by 2028; it is also studying a possible third offshore floating LNG project. The government says 60% of LNG revenue goes to the state budget and 40% to savings, with the Sovereign Wealth Fund holding $151 million. Ports and logistics: A $150 million Maputo Port dredging project will deepen and widen the access channel to accommodate larger vessels. Mozambique also plans to introduce maritime cabotage concessions by June 2027; since April 2025, coastal shipping has moved more than 200,000 tonnes of cargo and removed over 19,000 trucks from roads. Regional links: Zimbabwe’s NOIC is advancing a second phase of pipeline expansion on the Beira–Feruka–Harare route, citing growing regional fuel demand.
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