AGP Executive Report
Last update: 2 hours agoEast Africa Refining Push: Kenya’s Port of Lamu received 2,930 tonnes of heavy machinery for Dangote’s planned $17bn East Africa refinery in Lamu, with a Sept. 30 groundbreaking expected to make it a regional fuel and jobs engine. Regional Energy Security: Djibouti broke ground on a Damerjog petroleum terminal (375,000 m³ storage; ~5m tonnes/year) to feed Ethiopia via integrated port-rail-storage-pipeline logistics. Power Demand Signals: Kenya Power reported a Sh1.07bn drop in electricity sales to new customers in the year to June, despite more connections, with insiders pointing to slower business growth and more off-grid solar switching. Tunisia Transition Pressure: Tunisia’s hydrocarbon output fell 8.2%, pushing plans for renewables and grid upgrades, including $430m for electrical infrastructure and targets of 35% renewables by 2030. Nigeria Cost-of-Living Fuel Fight: Atiku Abubakar renewed pressure on Nigeria’s N70,000 minimum wage, arguing it buys only 50 litres of petrol at current prices and demanding wage hikes tied to real costs. UNGA Energy Diplomacy: UAE officials used UNGA meetings to deepen energy and renewables cooperation, while broader UN debates kept energy security and infrastructure financing in focus.
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