AGP Executive Report

Last update: 7 hours ago

World Bank financing for Lesotho: Lesotho and the World Bank signed three deals worth over M840m to expand clean energy access, speed up skills development, and improve nutrition outcomes. Food storage push: The Agriculture Ministry is finalising plans to operate a Ha Foso grain storage facility, with farmers already delivering grain via the Disaster Management Authority. Youth digital push: Lesotho launched an AI Skills Development Programme with US support to train youth enterprises in e-commerce and AI tools under the Sebabatso initiative. Industrial jobs roadmap: The LNDC unveiled its “Letsema” 2026–2031 plan, targeting 50,000 net new jobs and 100 homegrown industrialists by 2030, aiming to cut import dependence. Governance pressure on state firms: An Auditor-General report flags CAFI’s weak spending (41% of revised budget) and a wider implementation crisis. Dairy sector shake-up: The Lesotho National Dairy Board CEO was suspended, with questions now swirling around hiring and pay. Fuel price clarity: Officials moved to correct public confusion, saying the Petroleum Fund does not supply petrol but monitors pricing and the supply chain. Regional cooperation: Botswana and Lesotho pledged deeper cooperation through a binational commission, prioritising water, energy, trade, agriculture and investment.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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May 26, 2026

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South African Government

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MENAFN

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