AGP Executive Report
Last update: 4 minutes agoWest Africa Flood Risk: A new study says climate change has made extreme rainfall in the Gulf of Guinea about five times more likely than in the late 1800s, with the heaviest downpours (20–22 June) hitting coastal cities from Ivory Coast to Nigeria and triggering flash floods. Disaster Preparedness Debate: Another report argues Nigeria’s flood alerts are too focused on warnings and not enough on deeper preparedness and governance beyond media headlines. Cocoa Under Pressure: Ivory Coast’s 2026/27 main cocoa crop is forecast to drop by more than 10% as excessive rains, disease pressure, and weak crop treatment threaten yields, with El Niño-linked weather risks adding uncertainty. Reforestation for Growth: Côte d’Ivoire is pushing reforestation as a development driver, tying forest recovery to economic opportunity. Climate Finance in Action (Abidjan): African Risk Capacity appointed David Maslo CEO, aiming to expand parametric insurance and disaster risk financing for climate shocks, including sovereign flood coverage. EU Cocoa Innovation: The EU backed Coco-AI (€5.5M) to explore AI-driven cell-based cocoa production as a resilience option for a climate-stressed supply chain. Mining & Environment (Didievi): Montage Gold launched a 60,000-meter drill program at its Didievi project in Côte d’Ivoire, with ESIA studies underway alongside resource expansion plans.
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