AGP Executive Report
Last update: an hour agoFuel Subsidy Watch: Mauritania will keep the fuel oil subsidy at 70 MRO per litre, costing the state about 3.15 billion old ouguiyas monthly, to cushion cost-of-living pressure; fuel prices also stay unchanged this month. Power & Investment: ACWA signed a PPP and power purchase agreement for the 230 MW N’Diago gas-fired CCGT plant in Mauritania—set to be the country’s first large-scale gas IPP, using domestic GTA gas. Shipping Costs: CMA CGM announced new July 2026 peak season surcharges, including a US$200 per TEU charge from China to West Africa North Range (covering Mauritania) and additional fees affecting regional routes. Energy Update: Kosmos Energy reported strong Ghana output and progress on LNG at Greater Tortue Ahmeyim, with nine LNG cargoes lifted in Q2 and continued momentum for operations across the portfolio. Digital Economy: Mauritania launched its first national cloud platform to host government data and services locally, aiming to boost cybersecurity and digital sovereignty. Regional Trade Tech: Central banks and infrastructure providers agreed interoperable payment systems are key to boosting cross-border trade, with Mauritania among participants.
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