AGP Executive Report
Last update: 7 hours agoInsurance push: Africa Re says East Africa could use insurance and reinsurance as an “economic lifeline” to absorb climate shocks and cut costly external borrowing, warning most risks across the continent still go uninsured. Trade & food costs: Namibia’s inflation eased to 3.1% in April, but diesel prices remain a pressure point, while potatoes continue to dominate the import bill. Energy & resources: ReconAfrica says Kavango West-1X production testing is set to start within weeks, with results expected mid-to-late July; Namibia also faces ongoing fuel-cost strain in the north. Business ties: Chinese enterprises in Namibia report N$6.6bn in taxes over four years, alongside jobs and procurement claims. Regional moves: Air Botswana suspends the Gaborone–Windhoek route, and Zimbabwe hosts the COSAFA congress to elect new leadership. Sports & culture: Namibia’s golf team finishes fourth at the Africa Region 5 Championship; a new beach volleyball court is taking shape in Ongwediva.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
