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AGP Executive Report

Last update: 5 hours ago

Senegal Health & Pharma: Senegal became the first African country to locally manufacture a generic sickle cell treatment, DREPAF (hydroxyurea-based), produced by Teranga Pharma with Drep.Afrique, with marketing authorisation in April 2025 and distribution starting in early 2026—aimed at improving access and lowering costs across six target African markets. Senegal Public Finance: Moody’s further downgraded Senegal’s sovereign credit rating from Caa1 to Caa2, citing higher default risk tied to persistent liquidity pressures, refinancing challenges, and reliance on more expensive regional markets. Energy & Power (Regional, with Senegal assets): Abu Dhabi’s ePointZero (2PointZero Group) agreed to buy a 90% stake in Azura Power, which operates in Nigeria, Senegal and Mozambique (including Senegal’s Tobene plant), as Africa’s electricity demand is expected to nearly double by 2040. Water & Agriculture (Senegal): President El Ghazouani inspected a water supply project for 165 villages using water from the Senegal River, also including irrigation for 3,500 hectares to boost agricultural capacity. ECOWAS Tourism: ECOWAS adopted a framework to strengthen and accredit regional tourism business associations across West Africa, pushing for better governance and credibility. Trade & Food Industry (Regional): India’s BIRC 2026 is drawing 3,317 buyers from 138 countries, including Senegal, signaling potential new food trade routes for rice exporters.

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.

AGP Wire

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Aug. 21, 2026

Senegal’s president backs MSGBC Oil, Gas & Power 2026 in Dakar

AGP

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Aug. 21, 2026

Senegal backs MSGBC Oil, Gas & Power 2026 in Dakar

AGP

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Jul. 13, 2026

Royal Academy of Engineering opens 2027 Africa Prize applications for Senegalese innovators

AGP

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Jun. 17, 2026

Guinea to host SEEG 2026 as it pitches clean energy push

AGP


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Aug. 21, 2026

Senegal's President and Energy Minister Confirm Official Patronage at MSGBC Oil, Gas & Power 2026

EIN Presswire

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Aug. 10, 2026

Fortuna acquires highly prospective Bambadji Project in Senegal from Barrick and IAMGOLD

GlobeNewswire, Inc.

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Aug. 3, 2026

Kosmos Energy Announces Second Quarter 2026 Results

GlobeNewswire, Inc.

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Jul. 16, 2026

APPO NOC-CEO Forum Set to Chart Africa’s Next Phase of Energy Growth in Cape Town this October

EIN Presswire

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Jul. 15, 2026

APPO NOC-CEO Forum Set to Chart Africa’s Next Phase of Energy Growth in Cape Town this October at African Energy Week

EIN Presswire

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Jul. 13, 2026

Fortuna Files Feasibility Study Technical Report for the Diamba Sud Gold Project, Senegal

GlobeNewswire, Inc.

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