AGP Executive Report
Last update: 10 hours agoLNG & Gas Projects: Mota-Engil and Bonatti won a US$207m contract for early works on Mozambique Rovuma Ventures’ Area 4 LNG project in Cabo Delgado, covering earthmoving and camp construction over 27 months. FDI Watch: Mozambique’s foreign direct investment fell 21% in Q1 to US$1.2bn, with extractives (coal, oil, gas and minerals) taking 94% of inflows, often via supplier and trade credits. Port & Logistics: Maputo Port is investing US$13.2m in new mobile cranes, while Suez Canal Authority explores maritime services and training cooperation with 10 SADC states including Mozambique. Digital Infrastructure: Digital Realty opened the 6.4MW Nairobi Two data center (NBO2) to expand East Africa connectivity, adding interconnection and internet exchange capacity. Security & Mining: South African authorities arrested 30 suspects and seized generators and explosives in an illegal mining crackdown in Mohlakeng, with suspects including Mozambicans. Energy Linkages: Malawi says blackouts should ease by December as spare parts arrive and imported electricity from Mozambique is expected to start flowing. Policy & Industry: President Daniel Chapo reaffirmed “economic independence” and called for youth participation in value chains; Mozambique also reserved 10% of agricultural projects for liberation veterans.
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