AGP Executive Report
Last update: an hour agoDigital Payments in CEMAC: BEAC is pushing interoperable digital payments across Central Africa, rolling out a CEMAC QR system that lets users pay across banks and mobile money wallets via GIMAC/GIMACPAY, aiming to lift financial inclusion to 60% by 2029 and 75% by 2032. Oil & Gas Deal Watch (Equatorial Guinea): Europa Oil & Gas says China has again delayed outbound investment approval for Fuhai’s farm-in to the EG-08 offshore Equatorial Guinea block, extending the long stop to 30 September while Europa still expects drilling of Barracuda-1 in early 2027. Aviation & Connectivity (Regional): Akwa Ibom’s Ibom Air keeps expanding, adding a new Airbus A220-300 to reach 10 aircraft and preparing more domestic and regional routes, including planned services to Douala, Libreville and Malabo. Customs Crackdown (Cameroon): Cameroon’s customs extended a campaign against fraud and smuggling in Kribi and Campo, targeting illegal drinks and frozen products and urging traders toward legal supply chains. Agribusiness Push: Goodluck Jonathan urged African leaders to move from agricultural declarations to action, stressing proven technologies, patient capital and scaled commercialization.
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