AGP Executive Report
Last update: 7 hours agoMunicipal Infrastructure Finance: South Africa signed a $1bn New Development Bank loan to upgrade metro municipal services under the Metro Trading Services Reform Programme, with performance-linked targets for water and sanitation, electricity and energy, and solid waste. Energy & Industry Dealflow: Lyra Energy secured a Norwegian State-backed payment guarantee facility to de-risk offtake payments and help scale South Africa’s renewable power trading platform. Green Hydrogen Push: Hive Hydrogen South Africa awarded the FEED contract for its $5.8bn green hydrogen ammonia project to Técnicas Reunidas, targeting 1-million tonnes a year and major jobs in Nelson Mandela Bay. Fuel-Cost Pressure: Analysts warn surging global oil and shipping disruptions could lift SA petrol and diesel again in October, squeezing households and business margins. BRICS Climate & Resilience: The New Delhi BRICS summit concluded with a declaration focused on climate resilience, energy security and UN reforms. Cybersecurity Watch: South Africans are urged to protect personal data after incidents involving EasyEquities, Satrix and Cartrack via third parties and ransomware. Governance & Appointments: A CDE report warns Johannesburg’s infrastructure turnaround needs a full overhaul of how municipal leaders and boards are appointed.
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