AGP Executive Report
Last update: 4 hours agoWorld Bank Leadership: The World Bank has named Juan Carlos Alvarez as country manager for Trinidad and Tobago, overseeing IBRD, IFC and MIGA work there; Alvarez previously led World Bank engagements in Angola and São Tomé, and the move follows an April agreement to set up a permanent World Bank office in Port of Spain. Citizenship-by-Investment Watch: A new report highlights São Tomé and Príncipe’s “golden passport” scheme, offering citizenship for a $90,000 investment plus fees via the National Transformation Fund, with processing often around two months and no need to visit during review. Health System Training: A World Bank-backed regional programme is training mentors for frontline epidemiologists, integrating non-communicable disease surveillance into existing field training across Angola, São Tomé and Príncipe and other Eastern and Southern African countries. Currency Pressure: August 2026 exchange-rate data puts São Tomé and Príncipe’s dobra among Africa’s weakest, at about 22,282 per US dollar, underscoring rising import costs and squeezed household purchasing power. Regional Telecom Update: Ncell (Nepal) introduced a 60-second pulse rate for international outgoing calls to 198 countries, effective August 18, 2026, after regulator approval.
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