AGP Executive Report
Last update: 2 hours agoRegional Energy Infrastructure: Mozambique and Zimbabwe broke ground on the CPMZ Beira-Harare fuel corridor expansion, lifting capacity 67% from 3 million to 5 million cubic metres per year by end-2027 and adding about two billion litres of fuel annually to support landlocked markets. Power Resilience & Climate Risk: EDM said extreme weather caused estimated losses of $76m between 2022 and 2026, including $9.29m from southern floods this year, pushing the utility to strengthen climate risk and disaster management. Central Bank Shake-up: President Daniel Chapo reversed the appointment of Bank of Mozambique governor Waldemar de Sousa, naming Felisberto Dinis Navalha as governor and Benedita Maria Guimino as deputy, amid public controversy linked to the “hidden debts” scandal. Trade & Industry at FACIM: In Maputo, a China (Hunan)-Mozambique matchmaking event signed 11 cooperation deals, while Hunan firm Zoomlion sought to expand agricultural machinery access through local partnerships. Agriculture Policy: Mozambique approved plans to recover cotton output from 20,000 tonnes to 60,000 tonnes annually, aiming to restore the production chain and boost export earnings. Mining Legal Watch: India’s Delhi High Court issued notice in challenges to an ICC partial award in the Benga coal mine arbitration involving Mozambique-linked parties.
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