AGP Executive Report
Last update: 3 hours agoAfDB Development Push: The African Development Bank’s 2025 annual report says it approved $11bn+ in financing and disbursed a record $7.1bn, including improved transport access for 8.1 million people. EV Mobility Investment: Spiro secured a $215m equity round to expand battery-swapping and electric mobility infrastructure across seven African cities. Air Connectivity: Namibia launched its first direct Zurich–Windhoek flight, with Edelweiss starting twice weekly and eyeing more capacity mid-July. Road Corridor Progress: Kenya’s President William Ruto inspected the Horn of Africa Gateway road works and flagged the A13 Tarbaj–Kotulo section as part of a wider Isiolo–Mandera push. East Africa Highway Plan: Kenya also moved to upgrade the Mau Summit–Eldoret–Malaba corridor (A8), seeking AIIB-backed funding for a feasibility study. Maritime Repair Boost (Ghana): PIDG-backed funding is driving a £101m ship repair and dry-dock facility in Takoradi to cut reliance on overseas hubs. Shipping Disruption Watch: The “Red Sea Express” service links ports across Egypt, Jordan and Saudi Arabia to reduce delays and speed up regional cargo flows. US Visa Logistics Shift: The US plans to cut Africa visa-processing missions from nearly 50 to 20 hubs, including Lagos and Accra, reshaping travel planning for applicants. Fuel Price Update (South Africa): South Africa adjusted fuel prices effective 3 June, citing Brent moves and product price changes.
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.