AGP Executive Report
Last update: an hour agoUrban Waste & Infrastructure: Johannesburg’s illegal dumpsites are swallowing roads as cities across Africa generate waste faster than municipalities can collect, recycle or dispose safely, with UN estimates saying over 90% of waste ends up in uncontrolled dumps. Banking & Credit Costs: Kenya’s President William Ruto urged banks to cut the cost of credit and widen access to financing for households and small businesses, even as lending rates have eased. Nigeria’s Dangote IPO Buzz: Kano’s Emir Sanusi II urged residents to invest in Dangote’s refinery IPO, while Nigeria’s retail frenzy crashed apps and sparked “people’s ownership” memes—alongside a sharp debate over affordability of petrol for the same investors. Public Finance & Housing Borrowing: South Africa’s government is preparing to borrow about E2.4bn from DBSA for civil servants’ housing, as it looks to reduce reliance on rentals. Debt & Accountability Pushback: Nigerian CSOs protested excessive borrowing, warning debt servicing is crowding out services and climate action. Digital Access Pressure: GSMA says entry-level smartphones in sub-Saharan Africa now cost about 76% of monthly income, threatening mobile internet adoption. World Bank Mobilisation: The World Bank Group says it mobilised a record $112bn in private capital for developing economies in FY26, with Africa’s share rising to about $22bn. Governance & Procurement: South Africa’s Constitutional Court struck down the 2024 public procurement law over insufficient public participation, keeping existing rules in place. Health Funding & Advocacy: The World Bank invited Kenyan youth-led groups to apply for up to Ksh434m for health and nutrition advocacy for women, children and adolescents.
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