AGP Executive Report
Last update: 24 minutes agoRed Sea Shock to Trade: Houthis say Saudi aircraft carried out 129 airstrikes in 48 hours, while Yemen’s Houthis press deeper toward Bab el-Mandeb—capturing Mocha and reportedly taking Perim/Mayyun and Dhubab—raising fears of shipping disruption that directly hits Djibouti-linked freight. Energy Pipeline Fallout: Saudi Arabia shut its East-West oil pipeline after drone attacks from Iraq, a move that underscores how the “triple blockade” and Red Sea risk are already pushing crude above $100 and tightening supply routes. Ethiopia’s Power Push: GERD’s first year delivered about 17% more electricity than expected, with exports reaching Kenya, Djibouti and Sudan—though the consortium warns grid investment is needed to get power to households and industry. Djibouti-Adjacent Logistics: Ethiopia inaugurated Mojo Dry Port expansion, boosting container capacity and aiming to cut logistics costs for a landlocked economy that still relies heavily on the Ethio-Djibouti corridor. Industry & Connectivity: SolitAir launched new freight services to Ghana via Accra, extending its African cargo network—another reminder that air and sea routes matter when Red Sea risk rises.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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