AGP Executive Report
Last update: 6 hours agoOil & Gas Licensing: São Tomé and Príncipe has launched a fast-track licensing round for ultra-deepwater acreage west of the islands, offering stakes up to 85% in blocks 7, 8 and 9 (with 15% reserved for the state) and a 30 June bid deadline plus a $25,000 payment, as major operators including Shell, TotalEnergies, Petrobras, Galp and Kosmos stay active in the Gulf of Guinea. Regional Mobility & Trade: A new Mo Ibrahim Foundation report warns AfCFTA gains are being held back by slow political action on free movement—only Mali, Niger, Rwanda and São Tomé and Príncipe have ratified the AU’s 2018 Free Movement of Persons Protocol, leaving just 28% of Africans able to enter other African countries without a visa, even as full implementation could lift intra-African commerce to 53% and add millions of jobs. Digital Finance Regulation: The Neves Licensing Authority says demand is rising for licensing frameworks that fit digital finance, cross-border fintech and cloud-based payment systems, pushing regulators toward rules built for modern, scalable operations.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.