AGP Executive Report
Last update: 11 hours agoOil & Gas Investment: Eni and partners have approved the final investment decision for Baleine Phase 3 off Côte d’Ivoire, lifting oil output to 150,000 bpd (from 60,000) and gas to 200 MMcfd (from 80), with all gas earmarked for the domestic market to back power generation and industrial growth. Mining & Permitting: Kobo Resources reported new diamond-drill results at its Kossou Gold Project in Côte d’Ivoire, confirming high-grade gold along the Jagger and Road Cut zones and extending mineralisation at depth and along strike. Cocoa & Risk to Supply Chains: Cocoa futures jumped nearly 10% as heavy flooding in the Ivory Coast disrupted access to plantations, while El Niño fears added longer-term supply shock risk. Trade & Logistics: MSC says Africa saw the fastest growth in cargo volumes from Asia in 2025, with Asia-to-Africa shipments up 27%, pointing to shifting routes and rising industrial demand. Industrialisation Benchmark: AfDB’s Africa Industrialisation Index 2025 puts Morocco first in Africa, with Ivory Coast listed among the leading industrial economies—useful context for Côte d’Ivoire’s own manufacturing push. Energy Prices Pressure: An op-ed on the region’s fuel subsidy squeeze notes Côte d’Ivoire’s automatic price-setting mechanism has been passing international oil shocks through to consumers.
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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