AGP Executive Report
Last update: 4 hours agoEnergy Investment: Aliko Dangote says his group is pursuing infrastructure projects linking Djibouti and Ethiopia, as it builds a pan-African petroleum distribution network. The plans include pipelines, storage and supply routes, alongside a 25% stake in a Kenyan pipeline network. Debt Recovery: Djibouti’s geothermal agency has offered KenGen $1 million as a first instalment on $2.13 million owed for a 2021 drilling contract—a step toward settling the five-year-old debt. Regional Trade: Lamu has received a second shipment of heavy equipment for Dangote’s planned East African refinery, underscoring the port’s role in regional supply chains. South Sudan and Djibouti are also discussing trade links, including dry ports in Yei and river-port development. Shipping Risks: Escalating Houthi attacks are testing protection for Red Sea commercial vessels, with the EU warning demand for escorts exceeds its naval capacity.
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