AGP Executive Report
Last update: 6 hours agoIMF Support for São Tomé and Príncipe: The IMF’s new Africa chief, Zeine Zeidane, says Middle East conflict fallout is still hitting sub-Saharan Africa through slower energy and fertilizer supplies, and that the Fund has already approved augmented financing for Burkina Faso, The Gambia, and São Tomé and Príncipe, with Ethiopia also getting accelerated support. Afreximbank Leadership Move: Afreximbank appointed Peter Adeshola Olowononi as Director of Regional Operations for Southern Africa (effective May 1), taking over from Humphrey Nwugo; Olowononi previously covered client relations across Anglophone West Africa, including São Tomé and Príncipe, and helped finance major industrial and infrastructure projects. EU Election Monitoring: The EU will deploy an Electoral Observation Mission to São Tomé and Príncipe for the July 19 presidential election and the September 27 legislative/local/regional elections, led by MEP Sérgio Humberto. Oil & Gas Cooperation: Petrobras and Mexico’s Pemex signed a memorandum to cooperate on Gulf of Mexico exploration, including deepwater and ultra-deepwater work, with the deal framed as strategic and technical rather than a binding investment commitment. Water Access Data: A new global map highlights where safely managed drinking water is still out of reach, underscoring the infrastructure gap facing many low-income countries.
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