AGP Executive Report
Last update: 7 hours agoMozambique–Zimbabwe Energy Corridor: Presidents Daniel Chapo and Emmerson Mnangagwa broke ground on Phase II of the Companhia do Pipeline Moçambique–Zimbabwe (CPMZ) expansion, lifting Beira–Feruka pumping capacity from 3 million to 5 million cubic metres per year and adding about two billion more litres of fuel annually to support Mozambique, Zimbabwe and wider SADC markets. Banking Leadership Shake-up: Chapo reversed the appointment of Waldemar de Sousa as Bank of Mozambique governor, naming economist Felisberto Dinis Navalha as governor and Benedita Maria Guimino as deputy, amid criticism linked to the “hidden debts” scandal. Hydropower Sustainability Milestone: Cahora Bassa South Bank in Mozambique achieved Silver certification under the Hydropower Sustainability Standard (HSS), following years of sustainability upgrades. Agriculture Value Chain Push: Mozambique approved plans to recover cotton output from 20,000 to 60,000 tonnes a year, aiming to restore the production chain and boost exports and jobs. Digital Infrastructure Investment: WIOCC secured a combined $300m investment from Africa Finance Corporation and Vision Invest to expand open-access digital infrastructure across Africa. Security & Travel Warning: The US issued a “Do Not Travel” advisory for northern Mozambique’s Cabo Delgado over terrorism threats, adding to similar warnings by other countries. Trade & Mechanisation at FACIM: China’s Hunan province held a Maputo matchmaking conference and Zoomlion sought to expand agricultural machinery sales in Mozambique via local partnerships.
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