AGP Executive Report
Last update: 5 hours agoUrban Infrastructure: Abidjan’s 37.4-kilometre metro is 66% complete, with service now expected in January 2029. The line will link Anyama and Port-Bouët, with a target of 540,000 daily passengers. Energy and Mining: Côte d’Ivoire plans to mobilise 38 trillion CFA francs by 2040 to grow mining, oil and energy, with private investors expected to provide 88% of the funding. The strategy aims to double the sectors’ GDP contribution to 14%. Offshore Oil: Murphy Oil is assessing an FPSO development for its deepwater Bubale discovery, but needs more appraisal drilling; first oil could come around 2032. Separately, Vaalco has approval for a second exploration phase at Block CI-705 and plans to drill by the end of 2028. Cocoa Outlook: The national weather agency warns a severe El Niño could cut 2026/27 cocoa output by 21% to 25%, raising risks for the world’s top producer. Consumer Markets: Abidjan’s second-hand clothing trade is drawing shoppers seeking affordable, durable and distinctive styles, with some sellers customising garments for local buyers.
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