AGP Executive Report
Last update: 5 hours agoLiberia’s Iron Ore Project: A government agreement, approval of Africa Metallic Resources’ takeover and a deal with Severstal move the Putu project closer to development, with Africa Finance Corporation as a financing partner. South Africa’s Elections: The ANC won the most votes in local polls, with 30.76% to the DA’s 24.64%, leaving coalition talks as the next test for municipalities. Africa Energy Bank: Afreximbank and the African Petroleum Producers’ Organization have formally established the bank, a bid to expand financing for the continent’s energy sector. Coastal Protection: Ghana has earmarked GH¢685 million for works to curb coastal erosion under the West Africa Coastal Areas project. Digital Finance: Wave Mobile Money regional director Coura Carine Tine Sene says Africa’s digital revolution must put financial inclusion first, especially for women entrepreneurs and communities underserved by formal banking.
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