AGP Executive Report
Last update: 2 hours agoHydropower & AI push: Lesotho has signed a binding deal with US firm Convalt Energy for a Kobong Hydropower and AI data centre project worth about $6.2bn, aiming to lift the country from importing electricity to becoming a regional exporter, while creating jobs and cutting reliance on South Africa. Dam progress: The Lesotho Highlands Development Authority says Polihali Dam construction has hit a new milestone, with rockfill placement and key concrete works advancing toward a 2027 reservoir target. Politics & governance: The IEC accepted a court ruling ordering the reinstatement of four deregistered political parties, while government announced a National Leadership Retreat and an Accountability Summit to improve service delivery and public accountability. Corruption focus: DCEO boss Sello Mants’o says corruption affects every Mosotho by blocking access to services and draining funds meant for healthcare, education, roads and water. Regional pressure on migrants: South Africa faces intensifying anti-migrant protests and xenophobic tensions, with Ramaphosa promising action and warning against vigilantism—an issue that has drawn guidance to citizens across the region, including Lesotho. Green entrepreneurship: Lesotho is among countries invited to enter the 2026 FNF Afri GreenPitch Challenge, backing green SMEs with pitch opportunities and funding.
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