AGP Executive Report
Last update: 2 hours agoEconomic Reform: Morocco secured €434.4 million from the African Development Bank to support reforms, private investment and resilience to climate and economic shocks. African Financing: Ghana proposed an Accra Declaration to strengthen the African Union’s financial independence, including a push for member states to implement a 0.2% levy on eligible imports. Food Security: The AU Commission and IFRC say stronger country leadership and investment are needed to tackle hunger; 306.5 million people in Africa were undernourished in 2024. Energy Access: A new World Bank-backed carbon finance standard aims to help expand electricity access to 100 million people across Eastern and Southern Africa. Jobs and Infrastructure: Ethiopia signed a $26 million deal to build a 3,000-seat outsourcing hub in Addis Ababa, while Nigeria’s AKK gas pipeline is reportedly 95% complete, with Abuja supplies expected before the end of 2026.
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