AGP Executive Report
Last update: 3 hours agoLand & Agriculture Reform: Côte d’Ivoire is pushing to become a leading African hub for land tenure security, launching Abidjan Land Tenure Days (Oct. 5–7) to speed reforms, digitalization, and the shift from certificates to titles—aimed at unlocking investment and jobs for a rural base of 23m hectares, with thousands of villages still undemarcated and millions of certificates/contracts yet to be formalized. Oil & State Control: Ivory Coast takes full control of the Espoir oilfield after Tullow and Canadian Natural exited Block CI-26, handing the producing asset and FPSO to Petroci, with output reported around 600 boe/d net in Q2. Defense Tech: Côte d’Ivoire confirms induction of the CAIG Wing Loong II drone wing, boosting ISR and strike capability as China delivers the platform under a 2024 defense contract. Mining & Investment: Fortuna Mining buys Senegal’s Bambadji gold project for $200m, expanding its West Africa footprint alongside Ivory Coast, with drilling planned to start in Q3. Cocoa Market Watch: Cocoa prices inched up as El Niño-linked weather risks for West Africa resurfaced, while Ghana’s production outlook remains a key driver.
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