AGP Executive Report
Last update: 9 hours agoFuel Security in Mozambique: Mozambique approved an emergency financing mechanism to secure fuel imports via state firm Petromoc, allowing the finance minister to authorize up to $50m (via a Bank of Mozambique account) to pay foreign suppliers during supply crises after recent shortages linked to trade disruptions and foreign-currency constraints. Gas Bill Hearings: South Africa’s electricity and energy portfolio committee started public hearings on the Gas Bill, with stakeholders backing the bill but urging amendments for clearer regulation, competition and stronger oversight. Rovuma LNG Milestone: ExxonMobil says the Final Investment Decision on Mozambique’s Rovuma LNG project could be secured later this year, following discussions with President Daniel Chapo and selection of the SMDC midstream engineering team. Digital Humanitarian Rollout: Mozambique says it has validated its SGBAH digital system for humanitarian assistance management, set for an October launch to improve beneficiary registration, reduce duplicates and boost transparency. Telecom Restructuring: Mozambique will set up a technical team to negotiate the sale of part of the state’s stake in Tmcel to attract a new investor amid heavy debt and operational challenges. Transport Connectivity: Mozambique Airlines (LAM) is launching new domestic air links through Beira, adding routes to Tete, Quelimane, Nampula, Nacala and Pemba. Regional Policy Watch: SADC warns a severe 2026/27 El Niño could worsen food insecurity and raise fertiliser and energy costs, pushing governments toward resilience planning.
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