AGP Executive Report
Last update: an hour agoEnergy: Cuba’s new oil-and-gas law broadens investment options, including concessions and private participation in exploration, refining, fuel storage and sales, as the country seeks to raise output and ease shortages. Renewables: The energy minister says 144 solar farms, with about 1,418 megawatts of capacity, have been installed in recent years. A Cuban-developed platform showcased at INNOVA 2026 is already helping manage photovoltaic parks. Food and Trade: Sancti Spíritus has opened Cuba’s first wholesale supply market, offering goods including rice, diapers and seasonings, but requiring a minimum purchase of 24,000 pesos. An economist writing for Cubadebate says price caps have failed to curb inflation and have diverted goods to informal markets. Agriculture: President Miguel Díaz-Canel presented food-security projects at the FAO’s World Food Forum, as the forum’s investment initiative announced a record $20.16 billion in proposed agrifood funding across 38 countries and five regional initiatives.
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