AGP Executive Report
Last update: 6 hours agoMozambique Economy Outlook: Mozambique’s Council of Ministers approved a Medium-Term Fiscal Scenario 2027–2029 projecting average growth of 4.9% from 2027, rising to 9.5% in 2029 as LNG megaprojects begin production, alongside inflation easing and a plan to protect fiscal stability. Xenophobia Response: Mozambique says it has repatriated 1,363 citizens from South Africa after anti-immigrant violence, with 625 arrivals between July 1 and 4, and is working on vocational certification and labour-mobility pathways (including Portugal and the UAE) to support reintegration. Regional Trade & Connectivity: A new push argues Africa’s next growth depends on internal trade corridors—better roads, border posts and logistics—rather than focusing only on moving goods to ports. Energy & Investment Signals: Egypt topped Africa’s 2025 FDI inflows, with Mozambique listed among the leading recipients, underscoring investor interest as gas projects near production. Church Statement: Quelimane’s diocese leadership issued a strong rebuttal over media speculation tied to Bishop Osório Citora Afonso’s murder allegations, urging an end to rumours and respect for judicial secrecy.
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