AGP Executive Report
Last update: an hour agoDigital Finance & Regulation: Revolut says it plans to launch in South Africa by 2028 and already has a waitlist nearing 100,000 registrations after submitting its licence application to the SARB. Energy & Infrastructure Finance: Eskom reports diesel spending fell more than 85% in the first two and a half months of the year, citing improved generation performance—while Cameroon begins developing energy accounts with UN and World Bank support to strengthen policy planning. Green Mobility Investment: Spiro secures an extra $55m from NewTrails Capital, taking its latest round to $270m to expand battery-swapping and EV infrastructure across seven African markets. Banking & Capital Markets: Standard Bank leads a $175m sustainable finance deal for Wilderness Holdings, backing conservation-linked tourism and community outcomes. Trade & Logistics: Nigeria expands its AfCFTA air cargo export corridor with RwandAir, cutting freight costs by over 50% and boosting volumes by 40% in the first year. Commodities & Policy Risk: Gold Fields calms investors after reports Ghana may shift control of the Tarkwa mine to local firms when leases expire. Macroeconomic Headwinds: A WEF outlook warns Middle East tensions could lift energy costs, inflation and weaken jobs across Sub-Saharan Africa. Water Security: South Africa allocates R12.3bn for municipal water and sanitation infrastructure to tackle outages, sewage spillages and water losses.
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.