AGP Executive Report
Last update: 5 hours agoMarine Infrastructure Deal: Afcons Infrastructure shares jumped over 8% after the firm won a ₹5,301 crore (Rs 5,301 crore) Letter of Award for a 10.14-km breakwater at India’s Vadhvan Port in Maharashtra, with the project expected to become the second-longest breakwater in the world. Oil & Gas Restart: Vaalco Energy restarted production at the Baobab field on the CI-40 block offshore Côte d’Ivoire after a nine-month FPSO refurbishment in Dubai; production is back from four wells, with three more expected to return soon, supporting a Phase 5 drilling programme later in 2026. Trade Facilitation: The WCO’s EU-WCO Rules of Origin Africa Programme is training national rules-of-origin experts across several countries, including Nigeria and others, to help customs and businesses apply preferential trade agreements more effectively. Gabon in the Spotlight: A report says Gabon may move to re-criminalize same-sex relations, raising concerns about potential economic fallout if the bill advances. Regional Finance Watch: African banking regulators met in Yaoundé to discuss prudential cooperation and financial stability amid faster financial innovation and digital services.
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