AGP Executive Report
Last update: 4 hours agoCement Probe in Focus: Nigeria’s FCCPC has opened a major investigation into suspected cement price manipulation after a three-month cross-border study found cement costs in Nigeria rising sharply despite large local production capacity, with a 50kg bag reportedly climbing from about ₦9,300–₦9,700 in January 2026 to ₦13,000–₦15,000 in some areas by July; the regulator has summoned major producers and is comparing Nigeria’s pricing with Kenya, Tanzania and even Togo. Togo’s World Bank Reclassification: Togo has moved up in the World Bank’s income rankings, shifting to the lower-middle income bracket effective 1 July 2026, mainly driven by a population revision from the 2022 census rather than a sudden growth surge. Jobs for Youth: CNP-Togo, with Mastercard Foundation support, is rolling out 500 year-long internships under the TALENT2AFRICA program, offering monthly allowances to help young job seekers gain workplace skills. Quality Standards Push: In Lomé, HAUQE and partners are running awareness sessions on national agri-food standards and certification to help producers and processors meet market and health requirements. Drug Enforcement: Police in Ghana’s Upper East Region seized about 500 cartons of assorted Tramadol in Widana, with investigations pointing to cross-border trafficking links involving Togo and others. Regional Trade & Security: Talks on normalising relations between the Sahel bloc (AES) and ECOWAS are in the spotlight after Russia signaled a security cooperation memorandum, while ECOWAS-related efforts continue to target border frictions.
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