AGP Executive Report
Last update: 4 hours agoMining & Capital Returns: Kinross cut 2026–27 guidance after extreme weather and operational issues at La Coipa and Round Mountain, but kept costs broadly on track and lifted its 2026 shareholder return target to 50% of free cash flow. Extractives Transparency: EITI praised Mauritania’s extractive transparency progress, highlighting legal frameworks and revenue forecasting for gas and green hydrogen, and flagged a compliance leadership award. Debt & Finance Diplomacy: Mauritania’s Economic Affairs minister joined the Paris Club (Paris Forum) discussions on sovereign debt crisis prevention and met to review technical assistance and sustainable external debt management. World Bank & Decentralization: A World Bank mission met Mauritania’s decentralization ministry to assess progress on support for decentralization and productive medium-sized cities. EU Budget Support: Mauritania signed an EU budget support deal worth €100m to back green growth, health coverage, and migration management. Energy & Grid Buildout: AFD will fund €64m for a high-voltage line (Ghayra–Kiffa), a 50MW plant in Kiffa, and grid links to Mali, aiming to expand connections and reduce rural power gaps. Green Hydrogen Partnerships: GreenGo Energy and Shuangliang signed an MoU to advance megaton green ammonia projects in Mauritania and Namibia toward bankable studies. Trade & Regional Connectivity: Morocco and Mauritania agreed to rehabilitate and widen the Nouakchott–Nouadhibou road link via Km 55 to strengthen transport and trade flows. Tourism Pulse: Atar welcomed a new France flight with 107 tourists, supporting local business activity.
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