AGP Executive Report
Last update: 12 hours agoCross-Border Investment: Dangote Industries and the Botswana Stock Exchange praised Nigerian Exchange Group’s work to connect African markets. Botswana will host Southern African trading in Dangote refinery shares, widening regional access to the $1.6 billion offer. Corporate Earnings: Famous Brands expects interim earnings per share to fall by as much as 33%, with a P40.9 million impairment tied to its Botswana operations after it decided to reduce its stake. China Partnership: Botswana and China have upgraded ties, with plans to deepen cooperation in trade, mining, agriculture and digital technology. De Beers: Botswana is nearing agreement with the Global Diamond Consortium on ownership shares, potentially raising its stake from 15% to about 25%. Talks continue as weak diamond prices and De Beers’ losses pose financial risks.
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