AGP Executive Report
Last update: 9 hours agoRegional Outlook: The World Bank raised its 2026 Sub-Saharan Africa growth forecast to 4.3%, but per capita GDP growth is projected at just 1.8% and poverty at 47.8%. Energy: VAALCO reported that a new offshore Gabon well is producing about 2,000 barrels of oil a day; its Côte d’Ivoire drilling campaign is also under way. Health and Trade: A UN report says at least 251 tonnes of illicit medical products were seized across Central Africa from 2020 to 2025. Equatorial Guinea’s figures were unavailable, highlighting gaps in regional data. CEMAC Activity: Equatorial Guinea made a modest positive contribution to the bloc’s 5.9% activity growth in the second quarter, while Cameroon led the increase. Banking: CEMAC banks’ non-performing loan ratio fell to 15.4% in June, down from 17.4% a year earlier. Business Links: Egypt and Equatorial Guinea agreed on cooperation in agriculture, tourism, aquaculture and culture, following the first session of their joint committee.
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.
Perspectify News
