AGP Executive Report
Last update: 3 hours agoFood Processing: Helios Investment Partners plans to acquire up to 49% of Merec, Mozambique’s largest flour miller, from majority owner Invictus. Merec’s mills and silos span Maputo, Beira and Nacala; the deal is expected to close by year-end, subject to regulatory approval. Transport Links: Ethiopian Airlines begins three weekly flights to Nacala on October 27, connecting the northern port via Blantyre to its Addis Ababa hub. Nacala becomes the airline’s third Mozambican destination. Aviation Investment: Mozambique has cut the estimated cost of its 2026–2045 aviation master plan to $420 million from $710 million. The plan includes airport upgrades and improved connectivity, with the civil aviation regulator working with the African Development Bank to mobilise funds. Agriculture: Mozambique and Vietnam are advancing cooperation in farming, fisheries and processing, building on technical support and crop-production projects in central Mozambique. Investment Pipeline: Maputo will host an international investment congress on December 9–10, covering agro-industry, energy, logistics and infrastructure, with project presentations and investor meetings.
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