AGP Executive Report
Last update: 10 hours agoForex Crackdown: South Sudan’s central bank ordered telecoms, power firms, petroleum firms, banks and other financial institutions to stop all foreign exchange deals with unauthorised persons, warning that off-market trading can distort exchange rates and fuel money laundering. Policy Enforcement: The Bank of South Sudan also reiterated strict forex regulation after a meeting with the Forex Bureau Union, following recent bans on forex transactions with unauthorised dealers. Oil & Trade Corridor Watch: Kenya’s Lamu Port received heavy construction equipment for the $16bn (Sh2 trillion) Dangote East Africa refinery, with a planned groundbreaking and the project linked to the Lapsset corridor that could draw crude from Lokichar and supply regional markets. Regional Food Pressure: IGAD reports over 40.3 million people across six member states facing acute food insecurity in 2026, with South Sudan among the hardest hit. Energy Investment Signals: UN officials warn El Nino and conflict are worsening Horn of Africa crises, urging pooled funding to protect vulnerable communities.
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.