AGP Executive Report
Last update: 11 hours agoCocoa & Agribusiness: Ivory Coast’s cocoa sector is still feeling the squeeze as reports point to disappointment after the country kept cocoa prices unchanged, while industry players push for more processing capacity to capture more value locally. Finance & Trade: FMO signed a €20m working capital facility with Ivory Cocoa Products to back cocoa bean procurement in Côte d’Ivoire, a move aimed at stabilising supply and supporting farmers through the procurement cycle. Gold Mining: Aurum Resources reported fresh high-grade gold intercepts from its BST1 deposit at the Boundiali project, reinforcing resource growth potential ahead of a major mineral resource estimate update. Oil & Gas: Wison New Energies cut first steel for the hull of the FPSO for Eni’s Baleine Phase 3 offshore Ivory Coast, signalling progress on a project designed for large-scale oil and gas output with gas piped to the domestic market. Mobility & Services: Uber has exited Nigeria and Uganda as part of a global restructure, underscoring how operating costs and local market realities are reshaping ride-hailing footprints across Africa. Safety & Mobility Tech: Yango says its 2024–2025 safety rollout helped cut reckless driving incidents across Africa, with Côte d’Ivoire seeing a 35% decline and fewer post-trip complaints after privacy-protecting call tech expanded.
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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