AGP Executive Report
Last update: 7 hours agoOil & Gas Investment: Petrobras keeps expanding abroad, signing production-sharing contracts for eight offshore Côte d’Ivoire blocks and weighing new investment opportunities in Mexico and Venezuela, on top of recent acquisitions including in São Tomé and Príncipe. Trade Facilitation: With WCO support, Nigeria, Comoros, Morocco, The Gambia and Portuguese-speaking countries (including São Tomé and Príncipe) set up national pools of rules-of-origin experts, after Training of Trainers workshops in April and June 2026 to strengthen compliant use of preferential trade agreements. Aviation Safety: The EU updated its Air Safety List—Kyrgyzstan’s certified carriers were removed after safety oversight improvements, while Air Express Algeria was added and can no longer operate in the EU due to serious safety concerns. Regional Finance: Afreximbank appointed Peter Adeshola Olowononi as director of regional operations for Southern Africa, with prior experience covering client relations across Anglophone West Africa that included São Tomé and Príncipe. Energy Exploration: Galp signed a tentative MoU to run exploration studies on offshore Equatorial Guinea blocks near the maritime boundary with São Tomé and Príncipe, potentially marking a formal debut there.
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