Overview
- The session concluded in Maputo with the signing of several memoranda, including a memorandum on energy cooperation to deepen bilateral projects.
- South African development finance institutions and private companies committed about R150 billion for projects in Mozambique over the next three to five years.
- Presidents Cyril Ramaphosa and Daniel Chapo were slated to jointly inaugurate Sasol’s integrated gas processing facility in Temane, Inhambane, as a flagship energy initiative.
- Mozambique remains South Africa’s largest African trading partner with R119.4 billion in 2024 trade, and both sides signalled plans to increase Mozambican exports into South Africa.
- Leaders reaffirmed coordinated security efforts on Cabo Delgado and regional crises and advanced infrastructure cooperation, including the Maputo Development Corridor, potential N4 concession extension and work with Transnet on rail and port capacity.