AGP Executive Report
Last update: an hour agoRovuma LNG momentum: ExxonMobil’s Mozambique unit has issued a letter of intent to McDermott Energy Solutions for limited engineering and procurement on Rovuma LNG Phase 1 midstream development, as the Area 4 partners push toward a 2026 final investment decision. Port-led development: Maputo Port Development Company (MPDC), led by DP World with Grindrod and Mozambique’s CFM, has funded a 67 million meticais secondary school in Pessene, Moamba—another example of MPDC’s wider infrastructure footprint. Regional water governance: Mozambique, Malawi and Tanzania have signed an agreement to strengthen coordinated management of the shared Ruvuma/Rovuma River Basin, aiming at water, agriculture, fisheries and biodiversity outcomes. Energy integration: Malawi commissioned the US$12m, 10MW Salima Nanjoka solar plant, with power already feeding the grid and plans to buy electricity from Mozambique via the Southern African Power Pool. Responsible mining push: SADC highlighted responsible extraction and ESG value chains for critical minerals at its Industrialisation Week in Durban, linking mineral processing to industrialisation. Extractives and rights under scrutiny: A UN-linked report obtained by Forbidden Stories alleges sexual extortion by Mozambican military personnel and TotalEnergies staff connected to the Mozambique LNG project in Cabo Delgado. Trade facilitation: SADC is moving to simplify border procedures under its Simplified Trade Regime, with a focus on easing cross-border trade for small-scale traders across the region including Mozambique. AI governance with Mozambique onboard: Kenya helped launch WAICO, a China-led intergovernmental AI coordination body, with Mozambique among the founding signatories. UAE logistics investment lens: A Financial Times analysis says UAE entities have announced over $168bn in African ports, mines, agriculture and green energy since 2017, with DP World expanding Maputo port operations.
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