AGP Executive Report
Last update: 6 hours agoFDI Watch: UN data shows Africa’s foreign investment fell to $70bn in 2025 (from $94bn in 2024), with capital increasingly targeting energy, infrastructure, critical minerals, manufacturing and tech—good news for countries positioning for the next wave of industrial projects. Mozambique LNG Engineering: ExxonMobil’s Rovuma LNG Phase 1 midstream work gets a new boost as McDermott’s SMDC JV wins a letter of intent for limited engineering and procurement, supporting planning toward a 2026 final investment decision and 2031 start-up. Extractives & Accountability: A UN-linked report obtained by Forbidden Stories alleges sexual abuse and gender-based violence tied to Mozambican military activity around the TotalEnergies Mozambique LNG project in Cabo Delgado, renewing scrutiny of security and community impacts. Port & Education Delivery: Maputo Port Development Company disburses 67m meticais for a secondary school in Pessene (Moamba), with facilities including water, sports and agricultural/livestock space—an example of infrastructure-linked social investment. Flood Reconstruction Push: President Daniel Chapo urges Gaza’s new governor to prioritise rebuilding flood-damaged social and economic infrastructure and plan for future El Niño impacts. Trade Facilitation: SADC moves to simplify border procedures under the Simplified Trade Regime, aiming to cut costs and boost inclusive cross-border commerce, with Mozambique among the participating states. Regional Energy Shock: Disruption in the Strait of Hormuz highlights Mozambique’s exposure to fuel-price spikes and the knock-on risk to industrialisation and structural transformation.
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