AGP Executive Report
Last update: 10 hours agoRed Sea Diplomacy & Security: Israel’s ambassador in Addis Ababa backed Ethiopia’s Red Sea access push, framing it as part of “clear Israeli policy” tied to regional security and the Red Sea shipping economy—while Egypt reiterated a hard line that only coastal states can host ports and that military maritime access can’t be granted. Yemen Frontline & Shipping Risk: Houthis completed their takeover along Yemen’s Red Sea coast, seizing Mokha and Mayyun Island inside Bab el-Mandeb’s chokepoint, raising the stakes for surveillance and attacks on shipping; oil jumped above $108 amid pipeline disruptions and wider Red Sea instability. Somaliland in Washington: Somaliland President Irro offered to provide up to 2,000 troops for a Gaza stabilization force only if the US/Israel formally requests it, and is pitching US recognition around Red Sea security, coastline assets, and investment potential. Aviation & Trade Links: SolitAir launched freight services to Ghana (via Accra), extending its African network and boosting cargo capacity for gold, foodstuff, and perishables. Energy Deal Watch: Norway’s DNO moved to expand in Egypt’s Western Desert with a $396m Capricorn Energy acquisition, with Somaliland-linked exploration acreage also in the wider corporate picture.
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