AGP Executive Report
Last update: 3 hours agoBorder Trade & Logistics: Mozambique awarded two Chinese firms a 25-year concession to build and operate a one-stop border post at Machipanda, linking to Zimbabwe, with construction due to start in October and expected to cut customs and clearance delays on a corridor handling 400+ trucks daily. Energy & Power: The Mphanda Nkuwa hydropower project is projected to generate about $13.98bn in revenues over its lifetime, with construction-phase jobs estimated at 6,000–7,000 and commercial operations targeted for 2034. Central Banking: Mozambique’s central bank kept its benchmark lending rate at 9.25% for a third straight meeting, citing metical stability and a medium-term inflation slowdown. Agri-Investment: Portugal was highlighted as a key partner for attracting agro-investment and technology to help Mozambique move from “consumer market” to production, processing and export destination. Labour & Compliance: Mozambique’s labour mediation body reported about 6.8m meticais paid to 256 workers after dispute resolutions, with mediation used in 96% of cases. Security & Industry Risk: SERNIC incinerated around 560 sacks and drums of chemical raw materials seized in Maputo, tied to alleged hard-drug production networks. Critical Minerals Diplomacy: India said it is expanding critical mineral partnerships with countries including Mozambique to secure supply chains for clean energy and emerging technologies.
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