AGP Executive Report
Last update: 9 hours agoRovuma LNG Momentum: Saipem and Jan De Nul signed a letter of intent with ExxonMobil Moçambique for preliminary work on Rovuma LNG Phase 1, worth about €11m, ahead of a possible EPCI contract after final investment decision and approvals. Skills for Fisheries: President Daniel Chapo inaugurated a Chinese-built Higher Polytechnic Institute in Quissico, Zavala (Inhambane), aimed at boosting fish production and processing via aquaculture engineering, fish processing and logistics training. Business Climate Pressure: Mozambique’s CTA flagged foreign currency shortages (especially US dollars) and the fuel crisis as key constraints on operations and supply chains in Q2 2026, even as some macro indicators improved. Telecom Consumer Rulings: Mozambique’s INCM recorded 391,700 telecom complaints in 2025 and ruled in consumers’ favor in about a third, with refunds/compensation totalling over 160,000 meticais. Conservation Move: Mozambique formally protected Mount Mabu as a 9,341-hectare community conservation area, safeguarding a “butterfly forest” hotspot of endemic species. Cross-Border Crime Case: Two Mozambican nationals faced charges in South Africa over an alleged R110m mandrax drug lab in Erasmia, with the state opposing bail.
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