AGP Executive Report
Last update: 6 hours agoMining: Mozambique’s Administrative Court found 169 concession holders and 371 small-scale certificate holders have yet to begin operations; many have been inactive for more than a decade. The new mining law sets deadlines to develop mines and start production. Economic Planning: Minister Salim Valá urged a shift from resource wealth to jobs and local value addition, saying the Local Economic Development Fund has backed 18,893 projects and helped create 43,332 jobs. Investment: Foreign direct investment reached $1.88 billion in the first half of 2026, led by gas and mining megaprojects. Manufacturing: Merec is building northern Mozambique’s first pasta factory, expanding domestic production. Agriculture: President Daniel Chapo launched PROSPERA to link farmers with technical advice, markets and services, including an AI-supported helpline. LNG: TotalEnergies’ Mozambique LNG project has opened $4.5 billion in local business opportunities, with more than 100 companies in Pemba engaged.
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