AGP Executive Report
Last update: 7 hours agoOil & Gas: VAALCO Energy says production has restarted at the Baobab field on Côte d’Ivoire’s CI-40 block after a nine-month FPSO refurbishment in Dubai, with four wells back online and three more expected soon. Trade & Customs: Under the EU-WCO Rules of Origin Africa Programme, Nigeria, Comoros, Morocco and The Gambia (plus others) have formed national pools of rules-of-origin experts after Training of Trainers workshops, aiming to make preferential trade agreements work compliantly. Finance & Industry: Afreximbank committed $83bn to Nigeria since inception and highlighted Lagos as a trade and industrial growth hub, pointing to industrial parks and special economic zones in Benin and Gabon. Gabon Business: Gabon signed a contract for its participation in EXPO 2027 in Belgrade, moving forward on operational steps toward being a participant country. Banking Regulation: African banking supervisors met in Yaoundé to strengthen prudential cooperation and manage risks from financial innovation and digital services. Governance & Risk: An IMF report links military coups to sharp drops in investment growth and weaker GDP performance across Sub-Saharan Africa.
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