AGP Executive Report
Last update: 5 hours agoHydropower + AI investment: Lesotho has signed a $6.2bn deal with US firm Convalt Energy for a 1,200MW Kobong hydropower project plus a green-powered AI data centre, with feasibility and approvals still pending but construction expected to start in 2029—potentially transforming Lesotho from an electricity importer into a regional exporter. Energy infrastructure progress: The Lesotho Highlands Development Authority says Polihali Dam Phase II is advancing, with rockfill placement and key concrete works reaching elevation 2020, targeting reservoir inundation in 2027. Local business & transport: Maseru City Council’s temporary road refurbishment in Ha Ts’osane has been welcomed by motorists for improving safety and reducing vehicle wear during the rainy season. Legal reform: Lesotho’s Law Reform Commission is consulting stakeholders to review outdated or discriminatory laws, with a focus on equality, non-discrimination and better access to justice. Regional trade ties: Dubai Chambers met Lesotho’s Prime Minister and ministers to discuss strengthening trade and investment cooperation, including a proposed Dubai–Lesotho business forum. Governance & integrity: The DCEO says corruption drains funds meant for services like healthcare, education and water, and pushes poor-quality procurement through non-merit contracting.
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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