AGP Executive Report
Last update: an hour agoClimate Finance: African negotiators at COP31 are pressing for a tripling of adaptation finance as the continent faces worsening climate impacts and high costs of building resilience. Digital Infrastructure: African ministers are urging faster delivery of cross-border ICT projects, putting connectivity and digital sovereignty at the heart of the continent’s development agenda. Food Production: Mozambique’s Merec Industries is building the north’s first pasta plant, aiming to meet domestic demand and export any surplus. Trade and Industry: The WTO says Africa must process more of its resources locally and build regional value chains; an AfDB-approved $200 million facility for the Trade and Development Bank is expected to support more than $1 billion in trade. Clean Energy: A fund managed by Ninety One plans a $1 billion investment push across Africa and Asia, with much of the money directed to renewable power and off-grid systems. Energy Security: Ghana’s energy minister is urging African countries to invest in solar power and develop local supply chains, not just install panels.
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