AGP Executive Report
Last update: 3 hours agoRussia–Africa Trade: Kenya’s President William Ruto is seeking Russian investment in manufacturing and infrastructure to narrow a trade gap: in 2025, Kenya exported about $52 million to Russia and imported $330 million. Industrialisation: Former African Union Commission chair Nkosazana Dlamini-Zuma urged countries to process minerals locally, arguing that exporting raw materials also sends jobs and revenue overseas. African Investment: Dangote Refinery’s share offer drew applications from all 54 African countries and about 120 countries worldwide, opening ownership in a major industrial project to continent-wide investors. Energy Access: Off-grid solar users in Africa and other markets reached 149 million, up 26% in two years; expanding access will require an estimated $11.4 billion. Trade Finance: The African Finance Corporation and Munich Re launched a $1 billion programme to mobilise financing for African banks and support trade.
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