AGP Executive Report
Last update: 7 hours agoOil & Gas: Galp Energia signed a tentative deal to run exploration studies on offshore acreage in Equatorial Guinea, marking a potential official debut in the country; the MoU covers blocks EG-02, EG-09 and H, positioned near the maritime boundary with Cameroon and close to assets linked to Sao Tome & Principe. Regional Finance: Afreximbank appointed Peter Adeshola Olowononi as Director of Regional Operations for Southern Africa, effective May 1, with the Southern Africa region spanning 13 countries and offices based in Zimbabwe. Trade & Agriculture: China will allow eligible coffee beans from all 53 African countries with diplomatic ties to enter its market starting July 20, using unified phytosanitary rules to streamline access; Sao Tome and Principe is among those that have filed applications. Diplomacy for Business: South Korea’s foreign minister held talks with counterparts from 11 African countries, including Sao Tome and Principe, to expand cooperation across economy, maritime security and development. Social & Human Development: A Catholic official warned that children remain vulnerable despite national commitments, citing schoolchildren attending without having eaten and gaps in maternal healthcare access.
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