AGP Executive Report
Last update: 4 hours agoEnergy & Digital Infrastructure: Lesotho signed a binding $6.2bn deal with US firm Convalt Energy for the 1,200MW Kobong hydropower project plus a green-powered AI data centre, aiming to cut electricity imports, create jobs and position Lesotho as a future power exporter. Power Access (Rural Electrification): In Mokhokhong (Roma area), electrification finally reaches long-neglected villages, but residents still flag unresolved water shortages and infrastructure gaps. Hydropower Construction Milestone: The Lesotho Highlands Development Authority reports Polihali Dam Phase II progress, with rockfill placement and key concrete works advancing toward planned reservoir inundation in 2027. Digital Skills for Industry: In Maseru, MICSTI Minister Nthati Moorosi led a sod-turning for a digital studio at Makoanyane Square and signed digital policies, linking the push to economic diversification and youth skills. Governance & Corruption: The DCEO says corruption drains funds from healthcare, education, roads and water, driving poor-quality procurement and delays in development. Green Entrepreneurship: Lesotho is included in the FNF Afri GreenPitch Challenge, inviting green SMEs to pitch for funding and scaling support.
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