AGP Executive Report
Last update: 7 hours agoMineral Value Addition: Burundi was named among countries with critical mineral resources as OACPS lawmakers urged local processing to create jobs and retain more export value. Russian President Vladimir Putin also called for investment in African extraction and processing; Burundi’s President Évariste Ndayishimiye urged Russia to invest in industries, agriculture, energy and infrastructure. Startup Funding: Villgro Africa is accepting applications through November 16 from medtech startups in Burundi and five other countries. Six selected ventures will receive 24 months of product, manufacturing and investment-readiness support. Burundi Investment: Econet Burundi is investing $6.5 million in a solar-powered telecom network. Ugandan musician Chameleone says he chose Burundi for a radio venture after finding broadcasting frequencies cheaper and more available there than in Uganda. Regional Trade: Tanzania secured $1.2 billion in financing for a railway linking Tabora and Kigoma, a project expected to improve transport of agricultural goods and minerals and strengthen regional trade links.
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