AGP Executive Report
Last update: 44 minutes agoScience & Innovation Policy: Angola is moving to a new National Policy for Science, Technology and Innovation, with a results-focused plan to strengthen research, innovation and the productive sector, while tackling weak coordination and limited funding. Power Tariffs & Industry Costs: A new Africa-wide explainer argues electricity tariffs must be judged by whether consumers pay for efficient supply—not losses, debt, weak governance or poor planning—highlighting what policy must fix for industry competitiveness. Ebola Economic Shock: UN warnings say the DRC-centered Ebola outbreak could cost Africa up to $3.6bn and push nearly 1m more people into poverty, with spillovers that could hit jobs, healthcare and education. Oil Market Disruptions: China’s Hengli Petrochemical has cancelled millions of barrels of crude purchases amid US sanctions pressure, a reminder of how quickly refinery sourcing can swing. Angola Energy & Finance: Afreximbank reaffirmed support for Dangote’s energy push, including $2.5bn for expansion, framed as a step toward Africa’s energy self-sufficiency. Tourism & Media: Angola co-chairs UN Tourism’s Africa commission meeting in Seychelles and urged broader broadcasting in Angolan native languages to improve coverage beyond Portuguese-speaking audiences. Credit Growth: Angola’s non-financial sector credit rose to Kz 8.9tn in May, with most lending tied to the private sector.
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