AGP Executive Report
Last update: an hour agoEgypt’s Growth Play: Egypt is pitching a new reform push to turn itself into a manufacturing, renewables and fintech hub, targeting private-sector-led investment (aiming for 65% of total investment) and $60bn annual FDI, with priority sectors including textiles, autos, food processing, electronics and pharma. Nigeria Oil & Markets: Nigeria’s crude output rose to about 1.53m bpd in May, while Nigerian equities slipped as investors booked gains ahead of holidays. Dangote Refinery IPO Momentum: Standard Bank says it will back Dangote’s refinery IPO as the mega-plant drives investor interest across African exchanges. Ghana Corporate Results: Unilever Ghana reported 62% profit growth in 2025, lifting cash reserves and proposing a dividend. Africa Trade & Finance: AfCFTA success hinges on cooperation, trade facilitation and border efficiency, not just tariff cuts. Ebola Response: Africa CDC flagged contact-tracing gaps as cases rise, while the EU added funding for genomics, testing and wastewater surveillance. SME Finance in Zambia: Bank of Zambia pledged K5bn to expand affordable MSME lending via guarantees and support. South Africa Mobility & Skills: WesBank is reshaping offerings for EV charging and new mobility, while Engen graduated 21 artisans to tackle youth unemployment and skills shortages.
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