AGP Executive Report
Last update: 11 hours agoAviation Expansion: Nigerian carrier ValueJet says it will add Boeing aircraft to boost passenger and cargo capacity and open longer regional routes across Africa, with engineers in Lagos undergoing Boeing 737NG maintenance training. Cocoa Market Volatility: Cocoa futures slid sharply as trading stayed jumpy; Ivory Coast supply data showed higher shipments and rising inventories, while heavy rains and disease risk keep the outlook mixed. Ivory Coast Crop Outlook: Ivory Coast’s 2026/27 main cocoa crop is forecast to fall by over 10% (some estimates near 20%) due to excessive rainfall, flower/pod losses, and higher fertilizer costs tied to El Niño. Energy & Oilfield Contracts: OneSubsea won an EPC contract for Eni’s Baleine Phase 3 offshore Côte d’Ivoire, delivering subsea production systems for 13 wells, while TechnipFMC is supplying flexible flowlines and risers. Digital Infrastructure: Raxio Group raised its committed capital pool to $380m as it expands carrier-neutral data centre capacity, including facilities in Côte d’Ivoire and plans for Tanzania. Regional Policy & Finance: At Abidjan’s African Economic Conference, AfDB/UNDP/OECD called for turning resilience into trade and investment strength, and launched an African Chief Economists Network to speed up coordinated policy action.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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