AGP Executive Report
Last update: 11 hours agoTrade Finance Boost for Djibouti: The International Islamic Trade Finance Corporation (ITFC) signed a US$750m framework agreement with Djibouti for 2026–2029 to expand strategic trade finance across the Horn of Africa. Digital Identity & Payments: The World Bank backed digital wallets and verifiable credentials as the base for user-centric digital identity, pushing countries to move beyond siloed systems. Regional Power Push: The World Bank and AfDB approved a $1.6bn Eastern Africa programme to integrate power grids, strengthen resilience, and expand cross-border electricity flows under Mission 300. Djibouti’s Security Logistics Link: Germany is sending two ships to Djibouti to prepare for a possible Strait of Hormuz mine-clearing mission, with about 140 troops aboard. Early Warning for Stability: IGAD and AfDB launched SECURES-IGAD to strengthen early-warning data and crisis prevention for Djibouti, Sudan, Somalia and South Sudan. Electric Mobility in the Region: Ethiopia inaugurated fast EV charging hubs in Addis Ababa, including along the Ethiopia–Djibouti trade corridor. Port Competition Watch: Zanzibar unveiled plans for a US$560m free port and logistics zone at Mangapwani to compete regionally.
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