AGP Executive Report
Last update: 3 hours agoAGOA Boost for Lesotho Exporters: Lesotho’s duty-free access to the US has been extended to December 2028, giving textiles, apparel and fisheries firms a fresh window after tariff-line expiry earlier this year. Tourism Investment Push: The Lesotho Tourism Development Corporation will host a Tourism Pitso (Sept 16–17) to attract investment, improve market access and link communities and SMEs to the sector. Food Security Procurement: The DMA will start buying registered food grains from Sept 18, purchasing limited volumes from farmers and setting storage at the new Ha Foso infrastructure. Financial Protection for Police: Liberty Life Lesotho launches a partnership with LEPOSA, offering a group scheme plus financial literacy through its Financial Fitness Academy. Local Business Climate Watch: A study on Lesotho private-sector constraints points to high credit costs, a large state, small market size and fraud/misconduct risks that firms struggle to detect. EdTech Funding Opportunity: Injini opens applications for a $125,000 AI venture builder for Southern Africa, including teams based in Lesotho, aiming to move classroom-relevant ideas to market-ready startups. Governance Tension at LTDC: Board sources allege pressure to recommend a specific CEO candidate for the LTDC, raising questions about independence in appointments.
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