AGP Executive Report
Last update: 9 hours agoMozambique Economy & Investment: President Daniel Chapo told Forbes Africa Day that the private sector is key to diversifying Mozambique’s economy, pointing to opportunities across energy, agriculture, tourism, mining, infrastructure, logistics and the digital economy, alongside reforms to improve the business climate and speed investor entry. Macroeconomic Outlook: Mozambique’s Ministry of Finance projects growth of 9.5% in 2029, driven by new Cabo Delgado gas projects, with inflation easing from 8.7% (2026) toward 5.5% (2029). Cabo Delgado Security & Humanitarian Impact: OCHA reports armed-conflict incidents in Cabo Delgado rose 10% in the first half of 2026, with abductions increasingly used for ransom and forced recruitment, worsening displacement and civilian harm. Mining & Commodities: Mozambique’s ruby output jumped 61% year-on-year to 3.18m carats in H1 2026, reaching 78% of the 2026 target, led by Cabo Delgado producers. Energy/Industry Context: A World Bank warning on regional mining highlights how power shortages can stall critical-minerals expansion, underscoring the grid and investment constraints facing the sector. Regional Finance & Health: UNFPA says governments and partners pledged $715m to expand reproductive health services and supplies, including Mozambique among participating countries.
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