AGP Executive Report
Last update: 7 hours agoLNG & Energy Security: ExxonMobil signed a deal to supply LNG to South Africa’s planned Zululand Energy Terminal at Richards Bay, aiming to ease a looming “gas cliff” as Mozambique’s Pande-Temane output declines—an energy move with big knock-on effects for power, industry and jobs. Cabo Delgado Watch: Mozambique’s LNG restart momentum is showing up in procurement and supplier activity around Afungi and Rovuma, but security remains fragile, with reports of insurgent movement in Quissanga. Mining Policy Risk: Mozambique’s amended mining law requiring a 15% state stake in all ventures and restricting exports of unprocessed minerals is already worrying investors, with the Chamber of Mines warning it could reduce foreign capital appetite. Food & Climate Resilience: FAO and WFP launched a US$202m anticipatory appeal to protect 8.8m people across 22 high-risk countries from El Niño-driven droughts, floods and storms, including Mozambique. Justice & Industry Support: Mozambique’s Attorney General launched a practical manual to standardize criminal appeal procedures, targeting more consistent and efficient court outcomes. Governance & Conflict Impact: Reports again highlight Cabo Delgado’s escalating gender-based violence amid the war, including allegations tied to both armed actors and personnel connected to LNG operations.
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