AGP Executive Report
Last update: 10 hours agoMaritime & Food Security: A Russian attack in Ukraine’s Black Sea killed one sailor and injured three aboard the MERA QUEEN, a dry cargo vessel flying the Guinea-Bissau flag and carrying Ukrainian wheat; the hull was damaged and a fire broke out, while the crew was evacuated and port specialists moved to stabilize the ship. Regional Trade Pressure: Ukraine warns that prolonged disruption to the Odesa port corridor could push global food prices up by as much as 25%, with no alternative routes able to fully replace the region’s export capacity. West Africa Finance for Industry: The ECOWAS Bank for Investment and Development (EBID) signed an €80 million deal with Coris Holding to expand lending to SMEs and small industries across West Africa, including Guinea-Bissau, with support focused on agriculture, agribusiness and energy value chains. Infrastructure Partnerships: Egypt’s Arab Contractors signed cooperation protocols to develop the Kotoumba Dam in Guinea, signaling continued engineering-led expansion across Africa. Security Deployment: Nigeria deployed 86 troops to Guinea-Bissau under the ECOWAS Stabilisation Support Mission, aimed at supporting constitutional order and security sector reforms.
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