AGP Executive Report
Last update: 10 hours agoForeign Exchange: The Bank of South Sudan announced a new foreign-exchange auction for eligible commercial banks, aiming to improve transparency and confidence in the financial system. Small Businesses: A Ugandan citizen has asked the East African Court of Justice to overturn alleged restrictions on East Africans running small businesses in South Sudan and Kenya, arguing they breach regional trade rights. Agriculture: Morobo farmers say poor roads, checkpoints and multiple taxes are pushing them to sell crops in Uganda and the DRC instead of South Sudanese markets. Oil Exports: PetroChina is exploring a proposed 1,550-kilometre oil corridor through Ethiopia to Djibouti, which could give South Sudan an alternative export route. Regional Trade: The EAC is developing a cross-border payments system to cut transaction costs and reduce reliance on the US dollar; South Sudan is not yet fully connected. Infrastructure: Uganda has begun building a new Karuma Bridge on a key trade route linking South Sudan with regional markets.
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.
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