AGP Executive Report
Last update: 9 hours agoRenewable Energy: Zimbabwe’s Energy Ministry will attend the Bharat Renewable Energy Summit in New Delhi on 2–5 November, seeking investment, technology partnerships and financing for clean-energy projects. Trade and Manufacturing: Merchandise exports rose 60.7% to US$9.04 billion in January–August, delivering a US$591.5 million surplus. Value-added exports climbed 67.9%, while engineering and chemical exports also grew sharply. Oil and Gas: Invictus Energy is moving its rig to the Musuma-1 site and is targeting drilling in November. The prospect holds significant potential, but its resources are not yet proven reserves. Digital Technology: Zimbabwe-founded Cassava Technologies is expanding its African AI services, adding Anthropic’s Claude models and NVIDIA’s Nemotron platform to its offerings. Power Costs: Harare is moving to cut electricity bills, as businesses and households face pressure from energy costs. Space Technology: Zimbabwe is preparing for a third satellite, with officials pointing to applications in agriculture, disaster management and environmental protection.
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