AGP Executive Report
Last update: 10 hours agoCritical Minerals & Mining: Altona Rare Earths rebranded as NeoTerra Group Plc, widening beyond rare earths to critical minerals including gallium and fluorspar, with Mozambique’s Monte Muambe at the centre of the push. Mozambique Energy & Gas: Mozambique’s government is still pitching diversification, but gas remains the anchor for big-ticket investment, while the Islamic Development Bank and Maputo are mapping priority projects for a new financing package. Digital Infrastructure: President Daniel Chapo says Mozambique will connect provincial capitals, SEZs and dense areas to 5G by 2027, using spectrum allocation to pull in investment. Finance & Regulation: Bank of Mozambique governor Rogério Zandamela calls for clear AI rules for the financial sector as AI is already reshaping banking decisions and risk. Trade & Industry: South Africa’s ITAC moved to impose provisional anti-dumping duties on Mozambican steel pipe imports, targeting dumped prices that hurt SACU manufacturers. Mining Social License: Kenmare and MASC launched a $500,000 plan to strengthen social cohesion in Mozambique’s heavy mineral sands areas in Nampula.
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