AGP Executive Report
Last update: 22 minutes agoHousing & Urban Development: Kenya will invest KSh7.5bn to build 3,000 affordable homes in Lamu ahead of the Dangote refinery, while Ivory Coast estimates an urban housing need of 827,753 units by 2030 and has launched 420 social/economic units in Yamoussoukro. Infrastructure & Rail: Morocco’s Greater Casablanca rail overhaul (20bn dirhams) is on schedule, with new stations and 260km of lines progressing a year after launch. Industrial Real Estate & Jobs: Tanzania’s Bagamoyo Eco-Maritime City says six of 26 projects have entered construction, targeting 15,000+ jobs, including a new port, housing and transport links. Mining & Land Resettlement: Kenya’s Shanta Gold begins resettling 1,200+ households displaced by its Ramula gold project, with new homes and compensation under IFC standards. Property & Finance Law: South Africa’s Supreme Court of Appeal backs taxpayers in a SARS dispute over deducting upfront loan-raising fees, a win for debt-heavy property investors. Regional Security & Displacement: Ethiopia’s Tigray rebels reportedly abandon Mekelle as government forces advance, raising risks of looting and instability. Cross-border Trade Finance: Afreximbank extends a EUR 40m revolving working capital facility to Cameroon’s Prometal SA to expand steel production for construction and infrastructure.
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