AGP Executive Report
Last update: 10 minutes agoMozambique LNG push: Eni’s Rovuma Venture has awarded a major EPCIC contract for a second Coral Norte FLNG unit in Area 4, with JGC France leading a Technip Energies-led consortium and Samsung Heavy Industries supplying key work; first LNG is targeted for 2028, as Mozambique’s LNG build-out in Cabo Delgado keeps moving. Regional integration & transport: At a SACU summit, leaders discussed strengthening a “re-imagined” agenda for supply-chain resilience and regional trade, while SADC urged faster integration through liberalised skies, AI-enabled climate-resilient infrastructure, and better connectivity. Cross-border road safety: South Africa’s Deputy Transport Minister Mkhuleko Hlengwa visited Pongola to assess Golela Border Post operations and promote safer cross-border movement, including hazardous goods monitoring and enforcement. South Africa xenophobia spillover: With June 30 anti-foreigner protests approaching, Pretoria has tightened security and Ramaphosa vowed a firm response to any attempts to destabilise the country; thousands of migrants, including Mozambicans, have been leaving amid reports of violence and repatriations. Climate risk for Mozambique: El Niño warnings flag drought hotspots across southern Africa, including Mozambique, with heightened risk to the 2026-27 rainy season and food security. Digital payments in the region: Visa signed a five-year deal with FMBcapital Holdings across Botswana, Malawi, Mozambique, Zambia and Zimbabwe to expand digital payments and financial inclusion.
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