AGP Executive Report
Last update: 5 hours agoGold Mining: Montage Gold says its Koné plant processed about 880,000 tonnes of ore in October, averaging above 90% of capacity and reaching 104% in its final week. The company expects commercial production this quarter and sees room to grow resources. Insurance Investment: Ivorian tycoon Koné Dossongui’s Atlantic Group has brought Mediterrania Capital Partners into AFG Assurances, which plans to double its insurance businesses across French-speaking Africa. Regional Infrastructure: Togo is seeking to cut the projected cost of the Abidjan–Lagos highway from $15 billion to as little as $10 billion, aiming to ease financing pressures and speed construction. Markets and Industry: Côte d’Ivoire has lowered prices for imported mackerel, while local firms are expanding packaged bissap, ginger and baobab drinks—creating new outlets for agricultural producers. Finance: Côte d’Ivoire’s removal from the FATF grey list may help ease scrutiny of financial transactions and support investor confidence. Ecobank Côte d’Ivoire, however, reported a 12.3% fall in third-quarter profit.
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