AGP Executive Report
Last update: an hour agoMozambique Mining Reform: Mozambique’s new mining law gives the National Mining Company (ENM) a free 15% stake across the mining value chain and pushes local processing while banning raw or semi-processed mineral exports without approval. Mozambique Energy & Finance: The World Bank signed a $450m financing package with Mozambique, while Standard Bank says Rovuma LNG could add major GDP gains. Mozambique Tourism Push: The government says it wants to attract $7bn in tourism investment over seven years, with reforms and EU business links highlighted. Mozal Revival Bid: South Africa’s IDC is weighing options to buy South32’s majority stake in Mozambique’s Mozal smelter to restart operations. Regional Migration Crisis (South Africa): Xenophobic violence continues to drive repatriations, with 262–268 Nigerians arriving in Lagos and other countries including Mozambique already sending citizens home. Digital Sovereignty: Mozambique’s communications minister backs the push for “sovereign data” and digital independence as a core economic security issue. South Africa Fuel Security: South Africa signals a shift toward strategic petroleum stocks of 60 days of net imports, after recent refinery and supply shocks.
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