AGP Executive Report
Last update: 6 hours agoECOWAS Facilitation: Senegal has started as ECOWAS facilitator for Guinea-Bissau’s transition, meeting President Horta Inta-A and Prime Minister Ilidio Vieira Te ahead of a constitutional referendum on Aug. 30 and elections set for Dec. 6. Regional Security: Nigeria completed a rotation of its ECOWAS Stabilization Support Mission troops in Guinea-Bissau, with a new commander taking over the Nigerian contingent in Bissau. SME Finance: The ECOWAS Bank for Investment and Development (EBID) signed an €80m deal with Coris Holding to expand lending to SMEs and SMIs across West Africa, including Guinea-Bissau, with focus on agriculture, agribusiness and energy value chains. Food & Trade Risk: Russia’s strikes on Black Sea shipping are hitting global food flows; a Guinea-Bissau-flagged vessel carrying Ukrainian wheat was attacked near Odesa, killing one crew member and injuring three, underscoring mounting risks for maritime trade. US Visa Costs: The US made its refundable visa bond programme permanent, with a maximum deposit raised to $20,000 for certain B1/B2 applicants from multiple African countries including Guinea-Bissau, adding a new cost and compliance hurdle for business travel.
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