AGP Executive Report
Last update: 4 hours agoCritical Minerals Push: Altona Rare Earths rebranded as NeoTerra Group Plc, widening beyond rare earths to critical minerals including gallium, fluorspar and copper, with Mozambique’s Monte Muambe at the centre of its expansion. Digital Infrastructure: President Daniel Chapo says Mozambique will connect all provincial capitals, SEZs and dense areas to 5G by 2027, with broader broadband access targeted by 2030, aiming to pull in investment and improve public services. LNG and Energy Security: Zululand Energy Terminal’s project operator signed a preliminary cooperation agreement with ExxonMobil’s South Africa LNG unit for Richards Bay’s first LNG terminal, as analysts warn Mozambique gas supply could tighten for South Africa. Finance for Development: Mozambique and the Islamic Development Bank agreed a three-year Partnership Plan to define priority financing projects across power transmission, Temane-related evacuation and education. Regional Security: Zimbabwe and Mozambique urged tighter intelligence sharing to tackle drug trafficking and other cross-border crimes.
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