AGP Executive Report
Last update: 12 hours agoOil & Gas Deal: Petrobras signed a two-year memorandum with Mozambique’s ENH to cooperate on studies, evaluation, development and marketing in the oil and gas sector, adding to the momentum of major LNG players already active in Mozambique. SME Finance Push: The International Trade Centre and Access Bank launched a three-year, 14-country programme starting with a Ghana pilot, including Mozambique, to expand SME financing, skills and market access. Gas Supply Warning: South Africa’s industrial gas users warned of a looming “gas cliff” as Mozambique’s Pande and Temane supplies wane, arguing LNG terminals and policy/infrastructure readiness may not arrive in time. Urban Infrastructure for Resilience: Maputo Municipality began drainage, stormwater and sanitation works under the World Bank-funded PTUM, aiming to cut flood risk and improve mobility in Chamanculo, Xipamanine and Malanga. Security Capacity Building: The US pledged $1.5m to help Mozambique strengthen weapons and ammunition management, targeting safer stockpile control and reducing diversion to criminals and terrorists. Regional Trade & Logistics: Mozambique-linked corridor trade remains in focus as Zimbabwe moves to modernise the Chirundu border with Zambia to reduce congestion on a key route serving ports in South Africa and Mozambique. Energy Diplomacy: Mozambique’s President Daniel Chapo invited Brazilian firms to invest in the next phase of the country’s oil and gas development, stressing industrialisation, technology transfer and workforce training.
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