AGP Executive Report
Last update: 5 hours agoMozambique Petroleum Overhaul: Mozambique has revised its Petroleum Law, replacing the 2014 framework with Law No. 8/2026 and expanding coverage to areas like emissions control and regasification, while introducing a new reconnaissance licence reserved for national companies. Digital Finance & Data Sovereignty: Bubble Cloud Mozambique has won an advanced licence to run two availability zones in Maputo and Beluluane, aiming to keep critical data local for banks and government. Energy for Industrialisation: President Daniel Chapo says Rovuma Basin energy projects worth over US$50bn should drive industrialisation, jobs and value-add beyond exports, while ENI stresses local content and supplier development. Trade Ties with China: CTA urges Mozambique and China to move from simple trade/investment toward joint production, technology transfer and value chains. Northern Mozambique Logistics: MSC launched the Afungi Shuttle linking Afungi, Nacala and Maputo to move LNG construction cargo faster. Conservation Policy Push: Mozambique plans to open 29 conservation areas to more private concessions to lift tourism revenues and jobs in remote regions.
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