AGP Executive Report
Last update: 11 hours agoTrade Finance: Twenty-six countries signed the Accra Convention, creating a common legal framework for cargo documents across road, rail, air and sea. The pact aims to ease cross-border trade and help businesses use goods in transit to secure finance, addressing part of Africa’s estimated $74 billion–$92 billion trade finance gap. Air Links: TAP Air Portugal has launched twice-weekly nonstop flights from Porto to Sal, adding a new connection to the island for the winter season and continuing service next summer. Fuel Costs: Cape Verde ranked fourth among African countries for petrol prices in October, at about $2.01 per litre—an added cost for transport and businesses reliant on imported fuel. Electricity Access: Cape Verde recorded 98.4% electricity access, placing seventh in Africa and among the continent’s best-connected markets.
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