AGP Executive Report
Last update: 11 hours agoCocoa Price Shock: Ivory Coast will keep the cocoa farmgate price at 1,200 CFA francs per kg for the main harvest, Agriculture Minister Bruno Nabagne Kone confirmed, disappointing farmers who had hoped for a jump after a near-60% cut in March. The state will pay 1,200 CFA for well-fermented, dried and sorted beans. Ride-hailing Reshuffle: Uber abruptly shut down in Nigeria and Uganda from Sept 2 as part of a wider global restructure that also includes about 3,300 job cuts, while saying the move is limited to those two markets. Local Mobility Safety: Yango says its 2024–2025 safety rollout cut reckless driving incidents across Africa by 38%, with Côte d’Ivoire down 35%, and reduced post-trip complaints in the country by 11%. Creative Tech & IP: Ivorian designer Loza Maléombho is using AI to build Pokou, an African creative universe rooted in Baoulé history and local craftsmanship. Finance & Growth: Borno State’s governor met AfDB President Sidi Ould Tah in Abidjan to seek investment support for post-conflict recovery, including agriculture, energy, transport and youth enterprise. Mining Update: Aurum Resources reported high-grade gold intercepts from ongoing drilling at its Boundiali BST1 deposit in Côte d’Ivoire, supporting potential resource growth.
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