AGP Executive Report
Last update: 7 hours agoSenegal-UAE Diplomacy: President Bassirou Diomaye Faye met UAE Minister of State Sheikh Shakhboot bin Nahyan in Dakar, with talks spanning economy, trade, renewable energy, food security, AI, infrastructure and logistics—signaling fresh investment and connectivity plans. West Africa Shipping: HMM launches a new Europe–West Africa container feeder service (MA2) with calls including Dakar, aiming to improve route efficiency via a hub-and-spoke setup. Senegal Mining & Finance: Fortuna Mining’s Diamba Sud gold project in Senegal cleared a major milestone with a 2026 feasibility study, touting an after-tax US$1.0bn NPV at 5% and a 60% IRR as it moves toward a mid-2026 investment decision. Oil & Gas (Senegal): Reuters reports Sangomar offshore output reached 17.9m barrels by end-June, while Kosmos Energy’s Jubilee field update highlights new well contributions and rising production targets. Regional Trade & Industry: EBRD says Nigeria is a central pillar of its West Africa expansion, naming Senegal among priority markets as it scales operations. Fintech (Regional): BanffPay in Liberia secured a PSP license to launch a unified pay-in/pay-out API, a sign of accelerating digital payments infrastructure across the region. Maritime Security (Africa): International Naval Review 250 brings seven African navies to New York, including Senegal’s Niani and Morocco’s frigate Mohammed VI, underscoring Atlantic security cooperation.
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