AGP Executive Report
Last update: 9 hours agoLNG Investment: ExxonMobil has agreed to increase its stake in Mozambique’s Rovuma LNG project to 50% through a swap deal with Eni, strengthening its position as operator. Regional Fuel Security: The Beira–Feruka pipeline expansion is set to lift annual capacity from 3 million to 5 million cubic metres by December 2027. At a regional forum, industry leaders called for coordinated investment and stronger cross-border partnerships. SME Growth: Fifty-three Mozambican businesses completed preparations for international quality certification at a new energy-sector forum, where ENH’s Linkar project and partners also announced a financing partnership to improve access to capital. Agriculture and Trade: Mozambique and China are advancing plans to grow, process and market cassava, initially in Gaza and Inhambane, with technology transfer and local jobs among the aims. Market Infrastructure: An 81-million-metical wholesale market launched in Milange is intended to strengthen cross-border trade with Malawi and give local farmers a better route to market.
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