AGP Executive Report
Last update: 3 hours agoGrowth Outlook: The IMF raised its 2026 growth forecast for Africa to 4.5%, with growth expected to reach 5% in 2027. But aid is projected to fall 12% this year, leaving countries exposed to energy, climate and security shocks. Power Investment: India’s NTPC and Africa50 will identify and develop power-generation and cross-border electricity projects, aiming to draw investment and improve supply. Trade and Industry: African leaders are urged to use expanding ties with Asia to build local processing and manufacturing, rather than rely on raw-material exports. Liberia Financing: The IMF approved a $50.16 million disbursement for Liberia, whose economy is forecast to grow 5.5% this year, while warning of risks from fuel prices, weaker aid and climate shocks. Carbon Markets: At a Kigali summit, African officials called for credible, investment-ready carbon markets that deliver greater benefits to local communities.
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