AGP Executive Report
Last update: 9 hours agoTrade Finance: Twenty-six countries signed the Accra Convention, creating a common framework for cargo documents across road, rail, air and sea. The deal aims to help businesses use goods in transit to secure financing and ease cross-border trade. Port Dependence: Ethiopia still routes 96.7% of its maritime cargo through Djibouti, despite years of efforts to diversify. That concentration leaves a major trade corridor exposed to disruption. Red Sea Shipping: Djibouti and China called for de-escalation and freedom of navigation, warning that instability could hit trade, energy supplies and food security. Fuel Logistics: Dangote’s planned regional network includes a Djibouti–Addis Ababa supply route, alongside its $327 million stake in Kenya’s oil pipeline. Industry Skills: Djibouti is seeking to expand vocational cooperation with China’s Luban Workshop, which trains students in railway engineering, logistics and international trade.
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