AGP Executive Report
Last update: 8 hours agoOil Licensing Push: Sao Tome & Principe has launched a fast-track licensing round for three ultra-deepwater blocks west of its islands, offering stakes up to 85% to firms with bids due by 30 June (a $25,000 payment required). Gabon Resource Pressure: At the Africa CEO Forum in Kigali, Gabon’s President Brice Oligui Nguema warned Comilog (Eramet) to start processing manganese locally by 2029 or face alternatives—while Gabon also moves to acquire a stake in Eramet tied to a planned €500m capital increase. Regional Security: Nigeria’s police say they arrested 13 suspects and rescued 30 Malians in a transnational trafficking and ransom-fraud ring. Sports Spotlight: Kenya swept the 10,000m at the African Senior Athletics Championships in Accra, with Diana Wanza taking women’s gold. Business & Energy: PetroEnergy reported Q1 net income down 14% to P240.6m, with no oil liftings but renewables still driving power sales.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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