AGP Executive Report
Last update: a minute agoIMF Talks: Mozambique’s Finance Ministry says an IMF mission has wrapped up and hopes it will pave the way for a new support programme, with a possible follow-up in November; the IMF said reforms are still needed, as Mozambique grapples with an unsustainable debt burden after the 2016 hidden-debt scandal and delays in gas projects. Urban Transport: Maputo has started work on a World Bank-funded Bus Rapid Transit system budgeted at about $250m, with China’s CHICO building it for completion in 2028; the plan targets around 125,000 passengers a day using electric buses and electronic ticketing. Border Modernisation: A decree backs a public-private partnership to modernise and expand the Machipanda border post with a concession worth about $30m, including a 15% state stake via the Roads Fund. Security & Diplomacy: Russia has expanded its Africa Corps, adding deployments to countries including Mozambique, despite doubts about effectiveness against insurgents. Sports (Mozambique in focus): Hosts Mozambique kicked off the COSAFA U-20 qualifier in Maputo with a 4-1 win over Seychelles, while Namibia beat Mauritius 1-0; the tournament runs to September 27. Road Safety: A crash on EN1 in Zavala (Inhambane) killed at least 17 people and left two injured.
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