AGP Executive Report
Last update: 12 hours agoCocoa Supply Shock: Cocoa prices surged again, with heavy rains in Côte d’Ivoire and Ghana flooding roads, disrupting farm access and raising disease risk—while El Niño odds and early 2026/27 crop signals add medium-term support. West African Shipping: Ocean Network Express launched its Mediterranean–Africa Express (MAX) service, adding a weekly rotation that links Algeciras, Tangier, Dakar, Tema, Lekki and Abidjan to major global lanes. Ivory Coast Energy & Oil: TechnipFMC won an Ivory Coast subsea contract, while Eni’s Baleine Phase 3 moves forward with a new FPSO order for the Côte d’Ivoire offshore project. Ivory Coast Renewables: The country switched on 52 MW of solar, boosting the renewables push. Trade & Finance for Industry: EBID approved $417mn for West Africa projects spanning transport, healthcare, housing finance, mining and regional connectivity, aiming to expand its balance sheet. Digital Payments in Liberia: BanffPay secured a Central Bank of Liberia PSP license to launch a unified pay-in/pay-out API for businesses. Air Connectivity Boost: HMM rolled out its first hub-and-spoke Africa service, using feeder links to improve punctuality and connectivity across West Africa. Mining Pact in Abidjan: A ministerial forum on critical minerals value chains and beneficiation is set for Abidjan on July 10.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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