Transport minister dismissed; Tanzania signs new LNG agreement; IDPs return to Mocimboa da Praia
Welcome to Zitamar’s daily Mozambique briefing for 13 June 2022
Agenda:
This week: US Under Secretary of State for Political Affairs, Victoria Nuland, visits Mozambique, Djibouti and Nigeria
New Zitamar Podcast:
The latest from Zitamar News:
Civilians return to Mocímboa da Praia amid security concerns
Rwandan and Mozambican security forces escorted the first lot of displaced people back to Mocímboa da Praia from Quitunda, on the edge of the Mozambique LNG project, last week
Tanzania signs LNG agreement with Shell and Equinor
Tanzania's president has moved to revive the country's mothballed LNG projects and says she wants new discoveries to overtake Mozambique's reserves
Renewables specialist appointed deputy energy minister
Mozambique's energy and mineral resources ministry is now headed by a petroleum specialist, with an electricity and renewables specialist as his deputy
From the Zitamar Live Blog:
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Transport minister Janfar Abdulai and deputy Manuela Ribeiro were dismissed today
Standard Bank released a new note today, forecasting:
Inflation to hit 11.7% by year end, driven in part by further rises in fuel price to end cross-border subsidy to South African truckers
Bank of Mozambique policy interest rate seen rising 300bps this year
TotalEnergies won't restart work in Afungi until 2023 at the earliest
Full note attached in the Telegram channel
Also in the news:
Military provide armed escorts on Metuge-Ancuabe road (VOA)
EN1 highway toll concessions to be reopened to bidders (Rádio Moçambique)
Construction of Metoro solar power station interrupted in Ancuabe (Carta de Moçambique)
Cargo volume in Beira port down since conflict in Ukraine (O País)
TotalEnergies picked to partner Qatar on North Field expansion (Al Jazeera)
Opposition urges PGR to quit fighting Manuel Chang's extradition to US (VoA)
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