AGP Executive Report
Last update: 28 minutes agoMining: Letšeng operator Gem Diamonds raised its full-year production and sales guidance after a strong quarter, recovering 19,299 carats and earning $34.8 million. Textiles and Trade: The planned end of South Africa’s AGOA benefits from January 2027 could create openings for Lesotho garment exporters, but close economic ties with South Africa also pose risks. Digital Economy: A Commonwealth study placed Lesotho among the lowest-ranked countries for youth readiness to benefit from AI, warning that limited preparedness could leave young people behind. Investment: Prime Minister Matekane joined Commonwealth leaders in endorsing a $34 billion project pipeline spanning energy, agriculture, manufacturing, tourism and transport. Market Access: India and the Southern African Customs Union are negotiating a preferential trade pact that could pave the way for wider India-Africa trade ties. Development Finance: Lesotho joined WTO members in backing a renewed Aid for Trade initiative aimed at attracting finance and private-sector partnerships for developing economies.
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