AGP Executive Report
Last update: 2 hours agoCentral Banking Shake-up in Mozambique: President Daniel Chapo reversed the appointment of Waldemar de Sousa as Bank of Mozambique governor and named economist Felisberto Dinis Navalha instead, after public criticism linked to the “hidden debts” scandal. Digital Infrastructure Push: WIOCC secured a combined $300m investment from Africa Finance Corporation and Vision Invest to expand open-access fibre and subsea connectivity across Africa. Power Deal with Mozambican Link: UAE’s ePointZero agreed to buy a 90% stake in Azura Power, which operates generation assets including in Mozambique, aiming to scale baseload supply. Trade & Investment at FACIM: China’s Hunan and Mozambique held an economic and trade matchmaking conference in Maputo, signing deals and pushing cooperation across energy, infrastructure and industrial parks. Agriculture Value Recovery: Mozambique approved plans to raise cotton output from 20,000 to 60,000 tonnes a year, targeting higher export earnings and jobs. Regional Fuel Supply Upgrade: Mozambique and Zimbabwe leaders are set to launch the second phase of the Beira-Feruka pipeline expansion, boosting capacity to meet rising SADC fuel demand. Climate Risk for Children: UNICEF warned 162m children across eastern and southern Africa face worsening El Niño impacts, including food and water insecurity, with Mozambique among the affected countries. Tobacco Trade Pressure: WHO says Africa is producing more tobacco while spending more on imported cigarettes, raising health, labour and environmental concerns. Illegal Mining Fallout in South Africa: Johannesburg’s infrastructure is being undermined by illegal mining, with road collapses and rising violence tied to zama zama operations.
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.