AGP Executive Report
Last update: 5 hours agoAnti-Corruption & Development: Zimbabwe’s VP Kembo Mohadi opened the 2026 SADC Anti-Corruption Expo and Games in Victoria Falls, stressing that fighting graft must be tied to development—lost funds hit schools, hospitals, roads, water, agriculture, industry and jobs, and SADC should “follow the money” to recover stolen assets. Port & Logistics Benchmarking: A World Bank container port ranking put Djibouti, Mogadishu and Dar es Salaam at the top in the East and Horn of Africa group, while Port Louis (Mauritius) ranked 369 globally—useful for Mauritius shippers watching regional competitiveness. Finance & Market Access: Africa’s new Africa Credit Rating Agency (AfCRA) aims to expand confidence in African-rated instruments and redirect capital to productive sectors, responding to concerns about bias and high costs from international agencies. Energy Reliability Gap: Coverage highlights Africa’s “electricity paradox”: many still lack power, and even grid-connected users face outages, unstable voltage and unaffordable tariffs—an issue for industrial reliability. Mauritius-linked Deals: Mauritius-incorporated structures sit behind major cross-border moves: Lakshmi Mittal’s family acquisition of cricket franchises cleared by India’s regulator (including Paarl Royals in South Africa and Barbados Royals), and Koryx Copper’s Mauritius subsidiary increasing Zambia ownership to 80% as drilling and sampling ramp up. Industry & Capital Markets: Shapoorji Pallonji Group’s Mauritius SPV bonds hit record levels on hopes of a Tata Sons listing improving debt repayment prospects. Mining & Potash: China’s Zangge Mining and Yuntu plan a USD171m move to take control of Congo potash miner Kanga Potash, with key assets and permits tied to the project.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.