AGP Executive Report
Last update: 2 hours agoDangote Refinery Push: Aliko Dangote says Africa can be largely fuel self-sufficient by 2030 as his $16bn, 700,000-bpd Lamu refinery prepares to break ground, while President William Ruto insists the project will proceed despite a Kenyan court order tied to land-rights claims. Court Challenge & Local Tensions: The Malindi Environment and Land Court ordered parties to maintain the status quo on disputed land until Oct 14, potentially affecting site activities, as residents seek consultation and compensation. Equity Access for East Africans: Kenya’s government says it can raise its stake beyond 10% if neighbours opt out, and a new vehicle aims to let Kenyan investors buy Dangote shares via the NSE from as low as Sh49 through GDRs. Capital Markets Watch: Nigeria’s NGX market cap fell by N468.6bn on Sept 29 as banking stocks dragged sentiment. Energy Policy in Focus: ECOWAS Parliament adopted its 2027 work plan and budget, flagging energy and connectivity among key priorities. Security & Illicit Mining: South Africa’s Operation Prosper arrested 121 suspected illegal miners in Gauteng and recovered firearms and mining equipment.
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