AGP Executive Report
Last update: 2 hours agoOil Sector: President Salva Kiir received a petroleum ministry progress report covering operations and a refinery project in Lamu, Kenya. Cross-Border Trade: Ugandan exporters warn that border delays, costly clearance and restricted market access threaten a key South Sudan market, where annual trade is about $700 million. Currency and Banking: The parallel exchange rate averaged SSP 7,439 per US dollar in early October, while the Bank of South Sudan launched a cybersecurity campaign to protect its systems and financial data. Trade Links: South Sudan joined the maritime organization MOESNA, seeking stronger cooperation on shipping, freight and access to international markets. Growth Outlook: The IMF forecasts 10.5% growth in 2026—the region’s fastest—but expects it to slow to 3.9% next year, underscoring the economy’s exposure to oil production and export disruptions. Local Production: A Juba women-led business is processing locally grown oilseeds into cooking oil, connecting 90 farmers to markets and helping reduce reliance on imports.
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