AGP Executive Report
Last update: 5 hours agoEnergy SMEs: An African Development Bank-backed ENH–Linkar initiative is connecting Mozambican businesses with investors and partners, helping local firms prepare to win contracts as the energy sector expands. Gas Infrastructure: ENH is seeking partners for a proposed $250 million project using floating LNG storage and regasification units at Beira and Inhassoro, with a pipeline to feed gas into South Africa’s ROMPCO network. Power Access: EDM has made nearly 400,000 new connections in two years, bringing electricity access to 70.3% of the population. Planned grid links and major generation projects are intended to advance the goal of universal access by 2030. Agriculture and Logistics: Farmers and traders in Quelimane say high transport costs, shortages of vehicles and inadequate storage are leaving tomatoes to spoil before sale, underscoring the supply-chain barriers facing local producers. Tourism: President Daniel Chapo says tourist and investor arrivals rose 254% this year, as visa reforms and a new tourism investment agency support efforts to diversify the economy. Roads and Skills: ANE and the African Development Bank have placed 15 graduate engineers on road projects, combining practical training with work on the Nacala and Mtwara corridors.
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