AGP Executive Report
Last update: 4 hours agoOffshore Energy Deal: Transocean says its Deepwater Conqueror has won a two-well ultra-deepwater contract in Equatorial Guinea, expected to run about 170 days starting in 2027 and adding roughly $80m to its backlog. Telecom Regulation: Equatorial Guinea’s government moves to place Starlink sales under oversight by Ortel, supervised by the State Secretariat for Artificial Intelligence, aiming to tighten control over marketing, financial handling, and operating conditions. Agriculture & Food Systems: At the Africa Food Systems Forum in Kigali, farmers and stakeholders pushed for cheaper, more accessible finance for smallholders, less bureaucracy, and stronger public-private funding—an issue tied to Africa’s promise to raise agriculture investment. Aviation Costs: IATA warns Africa’s airline operating costs are about double the global average, urging governments to cut costs, fix infrastructure, and expand connectivity. Trade & Industry Links: CEMAC preferential trade approvals show Cameroon leading, while Equatorial Guinea also benefits—highlighting regional market access for local producers.
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