AGP Executive Report
Last update: 31 minutes agoBanking & Trade Finance: UBA marked Africa Day with events across 20 African markets, with CEO Oliver Alawuba framing the bank as a “continental bridge” linking capital, technology and customers from Lagos to Abidjan. Regional Development Finance: AfDB President Sidi Ould Tah urged stronger regional financial cooperation and risk-sharing, backing the “new African Financial Architecture” to mobilize development banks, commercial banks, guarantees, pensions and central banks. Frontier-Market Funding Push: AfDB and WEF launched the HRI Roadmap for Africa, arguing aid can’t fix fragile frontier economies and calling for a shift to private, investment-led development. Cocoa Supply Signals: ICCO cut the 2024/25 global cocoa surplus estimate to 48,000 tonnes, while cocoa prices fell on abundant supplies and rising inventories. Local Industry & Mobility: ISUZU began shipping first consignments of its new D-MAX from South Africa to 30+ African markets, including Ivory Coast, targeting agriculture, mining, construction and logistics. Energy & Infrastructure Dealmaking: An Egyptian–Algerian alliance is exploring renewable energy (solar/wind) and even fiber optic cable manufacturing for markets including Senegal and Ivory Coast. Côte d’Ivoire Tech & Ethics: A SACBC piece highlights calls for technology—especially AI—to serve human dignity, not replace it.
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