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Kobong Hydropower & AI Deal: Lesotho has signed a binding agreement with US firm Convalt Energy for a $6.2bn (98bn maloti) project combining at least 1,200MW hydropower with a green-powered AI data centre near Kobong Dam, aimed at energy independence, job creation and cutting reliance on imported electricity—though it still depends on feasibility, financing and approvals. LHWP Progress: The Lesotho Highlands Development Authority says Polihali Dam Phase II is advancing, with rockfill placement and upstream concrete curb reaching elevation 2020, as overall dam construction sits at about 45% toward a 2027 reservoir target. Trade & Investment Push: Dubai Chambers met Lesotho’s Prime Minister Samuel Ntsokoane Matekane in Johannesburg to explore stronger trade and investment ties, highlighting Dubai expertise in logistics, infrastructure and the digital economy. Public Accountability: Lesotho’s government will hold a National Leadership Retreat (June 21–23) and an Accountability Summit (July 1–3) to improve service delivery and transparency. Green Enterprise Funding: Lesotho-based green entrepreneurs can apply for the 2026 FNF Afri GreenPitch Challenge, with pitches planned in Nairobi and Cape Town in September. Corruption Watch: The DCEO says corruption harms Basotho by blocking access to services, inflating costs and leading to poor-quality procurement.

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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US energy company plots 1.2GW hydropower plant and AI data center in Lesotho - report

US energy company plots 1.2GW hydropower plant and AI data center in Lesotho - report

Polihali Dam reaches key construction milestone as Phase II works advance

Polihali Dam reaches key construction milestone as Phase II works advance

Convalt and Lesotho unveil $6.2bn hydropower and AI infrastructure partnership

Convalt and Lesotho unveil $6.2bn hydropower and AI infrastructure partnership


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May 26, 2026

Home Affairs conducts nationwide public consultations on the Zimbabwean and Lesotho Exemption Permits

South African Government

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Apr. 21, 2026

President Cyril Ramaphosa officiates co-launch of South Africa and Lesotho Senqu Bridge, 22 Apr

South African Government

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Feb. 4, 2026

Minister Gwede Mantashe: SA Human Rights Commission Inquiry on Artisanal Mining

South African Government

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Sep. 25, 2025

Agriculture on World Rabies Day

South African Government

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Nov. 24, 2025

GLOBAL CITIZEN NOW: JOHANNESBURG CONCLUDES CAMPAIGN SET TO POWER 26.8 GIGAWATTS OF RENEWABLE ENERGY IN AFRICA BY 2030

EIN Presswire

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Jul. 10, 2025

Lesotho Announces Two-Year Disaster Due to 30 Percent Jobless Rate

MENAFN

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