AGP Executive Report
Last update: 8 hours agoRovuma LNG Momentum: ExxonMobil Mozambique has issued letters of intent advancing Rovuma LNG Phase 1 midstream work, with McDermott’s SMDC joint venture set for limited engineering and procurement to support a final investment decision expected in 2026, targeting 18.6 mtpa LNG and start-up in 2031. Health Infrastructure Push: Mozambique will build two BADEA-funded health facilities in Niassa’s Ngaúma and Mecanhelas, a $21m project starting July 2027 and due by December 2028, expanding emergency, maternal/child, diagnostics and inpatient services. Regional Industry Linkages: Tanzania and Mozambique are urged to deepen cooperation beyond trade volumes toward building industries and regional value chains, with natural gas highlighted as a key industrial input. Energy Governance Debate: UK taxpayers’ £13.2m programme is helping Mozambique strengthen tax and economic governance tied to gas revenues, drawing criticism over the opportunity cost versus UK household support. Labour Shock Spillover: Mozambique is among countries reporting citizens returning from South Africa amid anti-migrant enforcement, a reminder of how regional labour shifts can ripple into production and services.
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