AGP Executive Report
Last update: 6 hours agoAfreximbank Leadership: Afreximbank has appointed Peter Adeshola Olowononi as Regional Director for Southern Africa, saying the bank’s next five-year push will focus on industrialisation, beneficiation and keeping more value from Africa’s minerals and commodities on the continent. Mozambique Energy & Industry: In Tete, Vulcan says it has invested US$160m to install a 300MW power plant at Moatize, cutting diesel use and electrifying mining, processing and the rail corridor; separately, South32 reports US$117m in costs linked to the Mozal aluminium smelter shutdown over electricity-price disputes. Regional Security & Shipping: India’s embassy says all 28 Indian crew on a Mozambique-flagged LPG tanker attacked in Iranian waters are safe, as tensions around key sea routes continue. Migration Pressure on Business: MTN warns South Africa’s rising anti-immigrant sentiment could hurt investment and cross-border skills movement across Africa. Food Security Signal: FAO says hunger in Africa fell for the first time in nearly a decade, though the next challenge is making nutritious diets affordable. Jobs & Finance in Mozambique: FUNDEC highlights Mozambique’s need for quality jobs and productivity, while CTA points to limited access to finance for SMEs due to weak records and data.
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