AGP Executive Report
Last update: 6 hours agoPayments & Financial Inclusion: BEAC is pushing interoperable digital payments across CEMAC, rolling out a CEMAC QR system that lets customers pay at merchants regardless of bank or mobile wallet, with routing and clearing via GIMAC/GIMACPAY—aimed at lifting financial inclusion to 60% by 2029 and 75% by 2032. Oil & Gas Investment: Europa Oil & Gas says it will drill offshore Equatorial Guinea in the EG-08 PSC after a farm-in, with the deal awaiting China’s ODI approval; Europa expects to drill the Barracuda-1 well in early 2027. Trade & Customs Enforcement: Cameroon’s customs has extended a fraud and smuggling crackdown to Kribi and Campo, targeting illegal supply chains for drinks and frozen products, including concerns over missing fiscal stamps, adulteration, and off-standard storage. Aviation & Regional Connectivity: Akwa Ibom’s Ibom Air keeps expanding—adding a new Airbus A220-300 to reach 10 aircraft and preparing to grow routes, including new regional services to Douala, Libreville, and Malabo (with Equatorial Guinea in the mix).
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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