AGP Executive Report
Last update: 3 minutes agoEnergy & Investment: Lesotho has signed a $6.2bn deal with Convalt Energy for Project Kobong—an estimated 1,200MW hydropower plant plus an AI data centre—aimed at shifting the country from importing electricity to exporting power. Roads & Jobs: Prime Minister Ntsokoane Matekane officially switched on Kofi Annan Street lights on the A7 at Tikoe Circle (M36m project) and flagged more road upgrades and factory plans in Butha-Buthe expected to create at least 20,000 jobs. Infrastructure Delivery Watch: In Semphetenyane, residents say crushed stones and machinery have arrived but road construction has yet to start, leaving commuters frustrated and timelines unclear. Transport Connectivity: A M1.4bn road project in Lebakeng is set to upgrade a 45km route to bitumen standard, add a 1.4km gravel spur, and build major bridges, with completion targeted for February 2030. Trade & Industry: Fifteen Basotho-owned apparel firms will represent Lesotho at All Fashion Sourcing Cape Town 2026, supported through the RVCL+ programme to boost export readiness and market access. Digital Skills: MICSTI has launched a digital studio in Maseru and signed digital policies, positioning it as a hub for content creation and skills in digital marketing and entrepreneurship. Regional Business: CTICC2 in Cape Town will host SACU meetings later this month, bringing together Lesotho and other member states to discuss customs and trade cooperation.
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.