AGP Executive Report
Last update: an hour agoMinerals & Governance: Nigeria’s Atiku camp is challenging the transparency of a Nigeria–US mineral-sector deal, saying the government’s “$700bn” figure is the value of resources, not investment, and demanding the agreement’s details. Credit & Finance: Africa is counting down to the launch of its own credit rating agency (AfCRA) in Mauritius on 7 October, aimed at cutting the “risk premium” Africa pays in global lending. Capital Markets: Kenya may expand its stake in Dangote’s Lamu refinery beyond 10% if neighbours opt out, while Kenyan investors get a new route to buy Dangote shares via NSE-linked GDRs. Energy & Industry: Dangote reiterates a push for fuel self-sufficiency by 2030 as construction of the $16bn Lamu refinery begins; in parallel, Ogun State in Nigeria starts work on a $7bn deep-sea port and Blue Marine SEZ in November. AI & Global Rules: Developing nations at the UN are demanding a bigger say in AI governance to avoid deeper inequality. Regional Trade & Development: ECOWAS Bank for Investment and Development backs climate-smart agriculture in Togo, Ghana and Senegal with a $10m facility. Environment & Risk: Kenya’s planned nuclear plant near Lake Victoria faces an East African Court of Justice challenge over ecological and transboundary impact concerns.
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