AGP Executive Report
Last update: 18 minutes agoCommodity Shock: The World Bank forecasts global commodity prices will climb 23% in 2026, with energy up 32% and Brent crude averaging $91 a barrel. Higher costs and disrupted trade risk worsening inflation and food insecurity. Business Reforms: Cameroon’s government pledged to simplify and digitise procedures and improve trade corridors as it seeks to help firms seize AfCFTA opportunities. UK Budget: Chancellor John Healey’s package aims to ease pressure on households and businesses with energy support, lower import tariffs and £1.5 billion in additional funding; business leaders say it offers relief but little to spur growth. Investment Ties: Qatari and Egyptian business leaders explored joint projects and expanded investment, with manufacturing, tourism and services among the target sectors. Economic Outlook: Moldova’s IMF review lifted its 2026 growth forecast to 1.7%, citing stronger agriculture, while projecting 2% growth next year. Corporate Impact: Safaricom says it generated Sh1.247 trillion in value for Kenya’s economy and supported more than 1.4 million people in the year to March 2026.
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