AGP Executive Report
Last update: an hour agoDigital Payments in CEMAC: BEAC is pushing interoperable payments across Equatorial Guinea and its CEMAC partners with a CEMAC QR code system that routes merchant payments through GIMAC/GIMACPAY, aiming to lift financial inclusion to 60% by 2029 and 75% by 2032. Oil & Gas Deal Update (Equatorial Guinea): Europa Oil & Gas says its EG-08 offshore Equatorial Guinea drilling plans are still on track for early 2027 after a farm-in deal with Fuhai (Beijing) was approved locally but delayed in China’s MDRC for outbound investment, extending the long stop to Sept. 30. Aviation Connectivity (Regional): Akwa Ibom’s Ibom Air adds a new Airbus A220-300, bringing its fleet to 10 and setting up expanded domestic and regional routes including Malabo, Equatorial Guinea. Shipping & Compliance Watch: A report highlights how Russia’s sanctioned “shadow fleet” exploits weak African shipping registries via false flags and flag-hopping, keeping oil exports and war funding flowing. Trade Enforcement (Neighboring): Cameroon extends a customs crackdown on smuggling and fraud targeting drinks and frozen products in Kribi and Campo, aiming to protect revenue and legal businesses.
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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