AGP Executive Report
Last update: 4 hours agoTrade & Market Access: Twenty-six countries signed the Accra Convention, which aims to make goods in transit usable as loan collateral and narrow Africa’s estimated $74–92 billion trade-finance gap. Offshore Energy: Borr Drilling’s Prospector 5 sank during preparations for a Gabon drilling campaign. Company updates say five people remain unaccounted for; Gabonese authorities reported one death and four still missing. Search efforts continue, while nearby MaBoMo production is suspended as a precaution. Investment: Millennial Potash is targeting construction of its Banio project by late 2027 or early 2028. The proposed $480 million development could produce 800,000 tonnes of fertiliser annually. Digital Business: Gabon’s restored social-media access reopens sales and audience channels for creators and small businesses after an eight-month suspension. Regional Opportunity: African firms are preparing to use China’s import expo to reach new buyers and develop higher-value products, with zero-tariff access in place for 53 African countries.
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