AGP Executive Report
Last update: an hour agoCross-Border Trade Reset: Niger and Benin have started work to reopen their shared border after nearly three years, with talks in Cotonou focusing on security guarantees, including an “inviolable principle” and permanent intelligence-sharing. Capital Markets & Industry: Austin Laz and Company Plc shareholders in Benin City approved a N2.1bn capital raise via private placement to fund expansion and diversify into technology-driven manufacturing. Electric Mobility Investment: Spiro, operating across Benin and other markets, secured an additional $55m from China’s NewTrails Capital to expand its battery-swapping network and manufacturing footprint. Energy & Regional Gas Plans: Ghana moved to position itself as a West Africa gas trading hub, citing a widening supply gap and pushing LNG imports and a Tema terminal to meet rising demand. Digital Identity Push: Bhutan joined the 50-in-5 campaign for privacy-preserving digital IDs, while Malaysia upgraded MyDigital ID registration kiosks—signals for broader regional DPI adoption. Local Business/Policy: Nigeria’s federal government said it is targeting stronger industrial growth as capital importation hit about $21bn in 2025’s first 10 months.
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