AGP Executive Report
Last update: 3 hours agoOil & Gas Contracting (Ivory Coast): SLB OneSubsea won Eni’s Phase 3 EPC work for the Baleine deepwater project offshore Côte d’Ivoire, covering subsea production systems for 13 wells (trees, umbilicals, manifolds, flowmeters, control systems) plus installation and life-of-field support—another sign of fast-track buildout for a major regional offshore development. Cocoa Supply Shock Watch: Cocoa prices slid as Ivory Coast deliveries rose and inventories climbed, while the 2026/27 main crop forecast in Côte d’Ivoire points to a drop of more than 10% due to heavy rains, disease pressure and weak crop treatment. Cocoa Value Chain Deal: Ghana, Nigeria, Cameroon and Côte d’Ivoire are set to sign the Abuja Declaration to form a Cocoa Value Addition Alliance, aiming to coordinate policy and standards and negotiate with buyers as prices remain under pressure. Climate Risk Finance (Abidjan): African Risk Capacity appointed David Maslo CEO to expand climate and disaster parametric insurance and risk-financing solutions, building on ARC’s recent growth and its Abidjan relocation. Digital Infrastructure (Côte d’Ivoire): Raxio Group raised committed capital to $380m as it expands carrier-neutral data centre capacity across Africa, including facilities in Côte d’Ivoire. Energy Policy Spotlight (Abidjan Summit): The African Union invited Edo State’s power commissioner to speak at an Abidjan summit, highlighting electricity reforms and investment-driven governance relevant to industrial power needs.
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