AGP Executive Report
Last update: an hour agoBanking Stress: Mozambique’s central bank says customer payment defaults are rising, with Commercial Investment Bank (BCI) showing 14.47% of credit in default by 31 March, while Millennium-BIM improved non-performing loans to 2.37% as banks bolster reserves. Public Safety & Drugs: Nampula’s governor, Eduardo Abdula, denounced death threats from drug traffickers, warning frontline anti-drug teams are being intimidated and promising arrests. Economic Outlook: The AfDB forecasts Mozambique growth of 2.1% in 2026 and 3.5% in 2027, citing a recovery in extractives, easing inflation toward 5.7%, but a widening fiscal deficit. Cabo Delgado Security: Mozambique confirmed it will fund Rwanda’s troops to keep fighting Islamist terrorism in Cabo Delgado, giving Mozambican forces time to train and reorganise. Health Accountability: In Gaza province, patients at Chigubo Health Facility allege expired medicine was supplied for months; authorities say an internal investigation is underway. Regional Trade & Investment: South African firms say they want to boost investment in Mozambique ahead of a planned Mozambique Investment Summit in Maputo. Mozambique–China Ties: President Daniel Chapo’s state visit to China highlights zero-tariff access for Mozambican exports under the expanded policy from 1 May 2026.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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