AGP Executive Report
Last update: 12 hours agoFuel & logistics security: Malawi’s NOCMA says hackers stole US$403,605 (about K700m) by impersonating Mozhandling Limited and sending forged Bank of America details, with the payment only discovered after a follow-up email two weeks later, prompting a police investigation. Southern Africa energy corridor: Mozambique–Zimbabwe pipeline operator CPMZ will expand the Beira–Feruka line’s capacity by 67% to 5 million cubic metres by end-2027, adding two pumping stations and aligning works with the Petrozim Line upgrade to strengthen fuel supply for inland markets. Port performance & trade flows: Grindrod reports resilient first-half results, with record Maputo dry-bulk exports (8.4m tonnes) and Matola handling 4.2m tonnes, supporting group revenue up 19% to R2.84bn. Mining & industrial inputs: Kenmare Resources says H1 revenues fell 11% to US$149.1m amid weaker market conditions and slower commissioning impacts, while noting a steadier order book. Regulation & health systems: Mozambique’s medicines and imported vaccines regulator ANARME reaches WHO maturity level 3, boosting confidence in product quality and safety. Environment & food security: Mozambique’s IMARP and JS Consultoria sign an MoU for integrated rehabilitation of Matola rivers, including drainage, ecological restoration, fish farming and a modern fish market.
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