AGP Executive Report
Last update: 5 hours agoMining & Industrial Policy: Mozambique’s President Daniel Chapo signed a new mining law requiring 15% free, non-dilutable state ownership in all mining ventures and pushing local mineral processing, as graphite demand for batteries keeps rising. Critical Minerals & Value Addition: The rules also tighten export controls on unprocessed and semi-processed minerals unless firms get special authorization, aiming to capture more value from strategic resources. Regional Trade & Business Climate: Mozambique’s push for stronger mining control lands amid wider regional economic pressures, including South Africa’s logistics and power-sector strain that can affect cross-border supply chains. Skills for Industry: JA Africa and the ExxonMobil Foundation launched STEM Africa 2.0, adding 4,000 youth aged 14–17 across Africa (including Mozambique) with STEM and AI training tied to energy and innovation pathways. Energy & Infrastructure Context: South Africa’s freight logistics overhaul is moving toward private rail access and port expansion, highlighting how transport reforms can reshape regional industrial competitiveness. Agriculture Funding Pressure: Eric Opoku again warned that many African governments miss the 10% agriculture budget target, calling it a major brake on food security and rural development.
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