AGP Executive Report
Last update: an hour agoDangote Kenya Refinery: Aliko Dangote’s $16bn, 700,000-bpd Lamu refinery groundbreaking drew heavy security checks, with Honeywell picked for engineering and the project framed as a major step to cut East Africa’s fuel import dependence. Power Grid Upgrade: Nigeria has started building a new ultra-modern National Control Centre for the Independent System Operator in Osogbo to better monitor and manage the grid, as officials warn the country can’t “gamble” with electricity reliability. Tanzania Industrial Power Push: Tanzania’s Julius Nyerere Hydropower Project is now boosting generation capacity, but the focus shifts to turning surplus power into real industrial and mining value. Succession at the Top: Dangote told investors his grandson wants first to gain finance experience at KPMG or PwC before joining the family business, highlighting how succession planning is being managed. Energy & Industry Finance: Burkina Faso inaugurated its first gold refinery as it doubles down on processing and value capture at home. Agribusiness Deal: UAC Nigeria agreed to sell its Livestock Feeds stake to Sunbeth in a N19.5bn exit deal. Climate Risk to Food: A World Bank study warns Comoros must invest more in fisheries as climate change accelerates coastal erosion and threatens marine ecosystems.
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