AGP Executive Report
Last update: an hour agoSACU Summit Focus: Lesotho’s leadership is set to engage at the 9th Southern African Customs Union (SACU) Heads of State and Government Summit in Cape Town on 26 June, with agenda items expected to cover the mid-term review of the SACU Strategic Plan (2022–2027), progress on industrialisation and regional value chains, customs modernisation, trade facilitation, investment promotion, and how AfCFTA opportunities can be leveraged for member states. World Bank Financing for Industry & Skills: Lesotho and the World Bank have signed three agreements worth over M841 million to expand clean energy access, accelerate skills development, and improve multisectoral nutrition outcomes—moves that can support workforce readiness and local production capacity. Agriculture & Food Security: The Ministry of Agriculture says plans are underway to operationalise the Ha Foso grain storage facility, with farmers already delivering grain through the Disaster Management Authority, while officials push for better storage timing and job creation. Logistics Expansion: Namlog/SMSA Africa Logistics Group has broken ground on an expansion in Brentwood Park, adding a new 10,000m² third-party logistics warehouse to boost capacity and efficiencies across Southern Africa. Poultry Investment Call: The Lesotho National Development Corporation is inviting investors into Lesotho’s poultry sector, citing a US$40m annual import bill and pointing to stable utilities as a base for value-adding production.
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