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Hydropower + 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 Legal reform: Lesotho’s Law Reform Commission is consulting stakeholders to review outdated or discriminatory laws, with a focus on equality, non-discrimination and better access to justice.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.

AGP Wire

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May 19, 2026

Sentebale names two new trustees as it starts 2030 strategy

EIN Presswire


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US energy company plots 1.2GW hydropower plant and AI data center in Lesotho - report

US energy company plots 1.2GW hydropower plant and AI data center in Lesotho - report

Convalt and Lesotho unveil $6.2bn hydropower and AI infrastructure partnership

Convalt and Lesotho unveil $6.2bn hydropower and AI infrastructure partnership

Dubai Chambers explores ways to strengthen trade and investment ties during meeting with Prime Minister of the Kingdom of Lesotho

Dubai Chambers explores ways to strengthen trade and investment ties during meeting with Prime Minister of the Kingdom of Lesotho

Dubai and Kingdom of Lesotho to boost economic cooperation

Dubai and Kingdom of Lesotho to boost economic cooperation


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May 26, 2026

Home Affairs conducts nationwide public consultations on the Zimbabwean and Lesotho Exemption Permits

South African Government

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May 22, 2026

President Cyril Ramaphosa: Botswana-South Africa Business Forum

South African Government

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Apr. 21, 2026

President Cyril Ramaphosa officiates co-launch of South Africa and Lesotho Senqu Bridge, 22 Apr

South African Government

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Jan. 30, 2026

Tortilla Market Size to Worth USD 80.03 Billion by 2035, Driven by Growing Demand for Convenient and Flavorful Meal Solutions

GlobeNewswire, Inc.

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Dec. 12, 2025

Border Management Authority on law enforcement operations and festive oversight visits to Ficksburg, Maseru and Lebombo

South African Government

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Aug. 5, 2025

Trade minister states Lesotho shifts away from US market

MENAFN

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