AGP Executive Report
Last update: 9 hours agoPolitical Risk: Guinea-Bissau’s military authorities are pressing ahead with weapons searches in Bissau weeks before the December 6 election, adding uncertainty to the business climate. Energy Exploration: Chevron is increasing its exploration budget for 2026, with Guinea-Bissau among the frontier areas in its global plans; the company has not disclosed a country-specific investment amount. Construction Services: Hitachi Construction Machinery Europe is expanding Movicortes’ territory to include Guinea-Bissau. It will handle equipment sales, parts, technical support and after-sales service as the dealer network changes at the end of 2026. Regional Infrastructure: NNPC committed ₦473.8 billion to gas projects, including the proposed Nigeria–Morocco pipeline, whose planned route crosses Guinea-Bissau. Trade and Payments: ECOWAS is targeting mutual acceptance of its biometric ID at borders by December, aiming to ease travel and trade. Separately, the BCEAO has authorized 175 institutions across the West African Economic and Monetary Union to offer interoperable instant-payment services, including in Guinea-Bissau.
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