AGP Executive Report
Last update: 5 hours agoOil & Gas Finance: A Ghanaian explorer tied to Guyana’s offshore Block S7 is still short on a US$17M signing bonus, with the government warning the concession could be cancelled after the payment deadline passed and interest has piled up. Local Content & Regional Expansion: Guyana’s natural resources minister urged local oil firms to “spread their wings” to Suriname, Trinidad and Tobago and Brazil, as local content plans are approved and capacity-building is pushed beyond domestic work. Caribbean Payments: Visa named Jorge Salum to lead an expanded “Greater Caribbean” digital-payments structure covering 22 markets, signaling continued push away from cash and toward broader financial inclusion. Trade & Development Finance: The IFC will invest up to US$15M in a Caribbean debt fund sub-vehicle aimed at SME financing and climate resilience across 13 countries including Suriname. Environment & Food Security: Commentary warns Suriname not to rely on promises from foreign agribusiness, arguing industrial farming could undermine local livelihoods and rainforest protection. Bilateral Fisheries: Venezuela and Suriname advanced talks in Paramaribo to strengthen fishing and aquaculture cooperation, including port visits and consultations with fishermen.
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