AGP Executive Report
Last update: 8 hours agoEnergy & Industry Investment: Lesotho has signed a $6.2bn deal with Convalt Energy for Project Kobong—an estimated 1,200MW hydropower plant paired with an AI data centre—aimed at shifting the country from importing electricity to exporting it. Infrastructure & Jobs: Prime Minister Ntsokoane Matekane officially switched on street lights along the A7 (Kofi Annan) Road at Tikoe Circle, a project reported to cost over M36m and create more than 100 jobs, while also pointing to ongoing road upgrades and plans to open factories in Butha-Buthe to create at least 20,000 jobs. Road Works Watch: In Semphetenyane, residents say crushed stones have arrived but road construction has yet to start, leaving commuters frustrated and waiting for clear timelines. Regional Trade Talks: CTICC2 in Cape Town will host key SACU meetings from 18–26 June, bringing together heads of state and ministers from Botswana, Eswatini, Lesotho, Namibia and South Africa to discuss customs and trade cooperation. Apparel & Exports: Fifteen Basotho-owned apparel firms will represent Lesotho at All Fashion Sourcing Cape Town 2026, supported through the RVCL+ project to boost export readiness and market access. Digital Skills: Lesotho launched a new digital studio at Makoanyane Square in Maseru as part of the E-Government Project Phase II, targeting content creation and skills for young people.
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.