AGP Executive Report

Last update: 3 hours ago

Battery & Industrial Finance: The AfDB approved a €100m loan for Gotion Power Morocco to build Africa’s first integrated lithium iron phosphate (LFP) battery gigafactory in Rabat-Salé-Kénitra, targeting 10 GWh in phase 1 and up to 100 GWh, with 600+ jobs and a 70% local integration goal. Industrial Policy & Trade: Ethiopia used the AU STC meeting in Abidjan to push its 10-year development plan and reforms to boost manufacturing, mining, agriculture, and private-sector-led growth, alongside tax base expansion and exchange-rate reforms. Smart Logistics: DHL highlights how digital customs and single-window style systems are cutting border clearance times and costs, improving visibility and predictability for cross-border cargo. Air Connectivity: Etihad and Air Peace signed an interline deal to sell single tickets across Nigeria, West/Central Africa and the UAE, including onward links to Abidjan and Lagos/Accra. Cocoa Market Watch: Cocoa prices bounced on short-covering and a softer dollar, but supply remains heavy with Ivory Coast shipments up and inventories at a two-year high. Supply-Chain Scrutiny: Swiss chocolatier Lindt faces a US lawsuit alleging child labour in cocoa from Ghana and Ivory Coast, despite its ethical sourcing claims. Agriculture & Seeds: AfricaRice (based in Côte d’Ivoire) is cited for storing rice seed accessions in the Global Seed Vault, supporting long-term genetic preservation. Regional Industrial Push: Tanzania backs faster African industrialisation at the AU STC in Abidjan, calling for better access to finance, capital markets, and trade/investment links.

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.

AGP Wire

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Jul. 1, 2026

Côte d'Ivoire wins $50 million climate fund for smallholder farmers

AGP

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Jun. 23, 2026

Cocoa beans market to reach $37.18 billion by 2035

AGP

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Jun. 22, 2026

Africa vehicle tracking market to reach $26.53 million by 2027

AGP

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Jul. 1, 2026

Côte d’Ivoire secures $50M climate finance boost for climate-smart farming

AGP


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A 20,000-tonne-capacity drillship is headed to Côte d'Ivoire under a $260 million offshore contract

A 20,000-tonne-capacity drillship is headed to Côte d'Ivoire under a $260 million offshore contract

Lindt sued over child labor reports in Ghana, Ivory Coast

Lindt sued over child labor reports in Ghana, Ivory Coast

Tanzania backs push to boost Africa’s industrial growth

Tanzania backs push to boost Africa’s industrial growth

Chocolate maker Lindt misleads consumers about child labor, lawsuit claims

Chocolate maker Lindt misleads consumers about child labor, lawsuit claims

Swiss chocolate maker Lindt misleads consumers about child labour, US lawsuit claims

Swiss chocolate maker Lindt misleads consumers about child labour, US lawsuit claims

African Development Bank Group approves 100 million euro loan for Morocco to develop Africa’s first Lithium Ion Phosphate Battery Gigafactory

African Development Bank Group approves 100 million euro loan for Morocco to develop Africa’s first Lithium Ion Phosphate Battery Gigafactory


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Jul. 23, 2026

Next10, Inc. Announces Appointment of Mark I. Farber as Director and Raul Ramirez Morton as Director and Chief Operating Officer of Torreon Mining Corporation

GlobeNewswire, Inc.

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Jul. 16, 2026

APPO NOC-CEO Forum Set to Chart Africa’s Next Phase of Energy Growth in Cape Town this October

EIN Presswire

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Jul. 1, 2026

Côte d'Ivoire secures major climate finance to support smallholder farmers adapt to climate change and increase yields

EIN Presswire

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Jul. 15, 2026

APPO NOC-CEO Forum Set to Chart Africa’s Next Phase of Energy Growth in Cape Town this October at African Energy Week

EIN Presswire

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Jun. 6, 2026

Turkish Investments Gain Momentum in Ivory Coast

MENAFN

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Jun. 4, 2026

Turkish Business Surge in Ivory Coast

MENAFN

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