AGP Executive Report
Last update: 11 hours agoWorld Bank Financing: Mozambique has signed five World Bank agreements worth $450m to boost social protection, economic resilience, jobs skills, rural emergency support and water safety, with reforms aimed at better use of funds. EU Support: The EU also backed Mozambique with €178m for energy access, green digital education, digital transformation, and agriculture plus social sustainability. Mining Clampdown: President Daniel Chapo signed a law requiring 15% state ownership in all mining ventures and local mineral processing, tightening control as battery-material demand rises. Gas Outlook: Standard Bank forecasts Exxon’s Mozambique gas project could lift the economy by over 4% annually after production starts, though security risks in Cabo Delgado remain a concern. Transport Push: Mozambique approved an international tender for a public-private vehicle assembly plant to cut bus costs and support cleaner transport technologies. Security & Crime: A police sergeant at the Lebombo border was arrested in a corruption sting over illegal vehicle movements between South Africa and Mozambique. Regional Shock: Xenophobic violence in South Africa continues to drive Malawians and Mozambicans to flee, with reports of deaths and displacement. Church & Justice: Catholic leaders across Africa mourned the slain Mozambican bishop Osório Citora Afonso and demanded swift justice.
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