AGP Executive Report
Last update: 4 hours agoEnergy: ExxonMobil has doubled its stake in Mozambique’s $30 billion Rovuma LNG project to 50%, with a final investment decision targeted by year-end and production planned at 18.6 million tonnes a year. Logistics: DP World will launch a weekly China–Africa shipping service in late November, linking Maputo with Chinese ports and Dar es Salaam. Grindrod has also completed the first private test train on South Africa’s freight network and plans to haul coal to its Matola terminal from 2027. Mining: Kenmare received approval to extend its Moma and Larde heavy-mineral-sands operations to 2044, committing at least $200 million to equipment and infrastructure and $50 million to social projects. Agriculture: Mozambique launched a $189.8 million 2026/27 campaign to boost production, market access and value chains. Rural power: FUNAE plans to invest about $50 million from 2027 in 100 solar mini-grids across Zambézia, Tete and Niassa. Investment: A Maputo transport and logistics forum on November 4–5 will bring investors and officials together to discuss infrastructure and regional trade corridors.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
