AGP Executive Report
Last update: an hour agoKenya’s Debt Market Boost: The CBK welcomed the Clearstream–Kenya Link, giving global institutional investors streamlined access to government securities via DhowCSD, aiming to deepen liquidity and broaden the investor base. Morocco Fintech Caution: Morocco’s central bank told Revolut its timing isn’t right for a near-term launch, citing priority regulatory and AML/FATF work. OCP Capital Markets Move: OCP Group completed a 5bn dirham perpetual subordinated bond issue, fully subscribed by domestic institutions, reinforcing its hybrid capital strategy. South Africa Macro Pressure: S&P cut South Africa’s growth outlook, warning inflation and energy costs could keep rates elevated. Mining Investment Gap: PwC says South Africa’s critical-minerals plans are “well-meaning” but execution lags, with capital shortfalls versus the wider energy sector. Nigeria Payments Innovation: Nigeria proposed a pan-African payment card to enable direct transactions between African currencies and cut dollar dependence. Terror Financing Crackdown: Nigeria’s CBN ordered banks to freeze accounts and assets tied to six individuals and four BDCs after US OFAC sanctions. Zimbabwe Infrastructure Finance: Zimbabwe is exploring mineral-backed loans with China for roads and rail, alongside a plan to tighten raw lithium exports from 2027. Intra-Africa Trade Up: Afreximbank reported intra-African trade rose 5.5% to $213.8bn in 2025. Banking Performance Watch: JAIZ Bank reported 24% profit growth in 2025 and shareholders approved an N150bn capital raise.
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