AGP Executive Report
Last update: 7 hours agoElectric Aviation: Vertical Aerospace plans its first public eVTOL demonstration flights at the Farnborough International Airshow (20–24 July), showing its Valo commercial model as it pushes toward certification and commercial service. Central African Payments: BEAC has officially joined PAPSS, linking CEMAC countries to instant cross-border payments in local currencies—aiming for faster, cheaper transfers across Africa. Macroeconomic Resilience: A new study urges BEAC to set up an emergency liquidity facility (CFA 1.7–2.3 trillion) to keep financing essential imports like food, fuel, and pharmaceuticals during geopolitical shocks. Energy Industry Coordination: APPO’s NOC-CEO Forum is set for 12 October in Cape Town alongside African Energy Week, focusing on regional refining, gas markets, and harmonized petroleum rules. Biodiversity Discovery: A new monkey species with orange lips (Colobus congoensis) has been identified in DRC’s Lomami National Park region, highlighting how much remains undocumented in Central Africa. World Bank Income Updates: The World Bank’s 2026 income classification update shows Togo moving from low-income to lower-middle-income status, while other African countries largely keep their brackets.
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