AGP Executive Report
Last update: 6 hours agoCobalt Crackdown: Congo is stepping up an offensive against illegal cobalt mining with help from global firms, aiming to curb unsafe, unlicensed operations inside major concessions. Trade Shock Spillover: Zambia has eased its sulphuric acid export ban to Congo, authorising “limited” shipments after local stocks recovered—an important relief for copper and cobalt processing in the Copperbelt. Congo Business Moves: Tractafric is set to acquire the remaining stake in its Congo unit, while Eni is reportedly exploring new FLNG-backed funding deals that could unlock capital for LNG projects tied to Mozambique and Congo. Finance & Policy Push: The AfDB annual meetings are headed to Brazzaville (May 25–29), with a focus on mobilising development financing at scale—right on Congo’s doorstep. Bigger Picture: Russia marked Congo’s 45th anniversary of the Friendship Treaty, signaling continued diplomatic and economic engagement.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.