AGP Executive Report
Last update: 2 hours agoInfrastructure Finance: Tanzania secured $1.2 billion for a key railway section, with the African Development Bank providing an $800 million partial credit guarantee. Business Lending: AFD signed $60 million in loans for Nigerian businesses, while the AfDB approved a separate $60 million facility to expand agricultural financing in Tanzania. Investor Confidence: Kenya says it has addressed 19 of 21 deficiencies behind its FATF grey listing and is targeting an exit by April 2027 as it seeks $5 billion in foreign investment. Payments: Fragmented cross-border systems cost Africa an estimated $5 billion a year in fees and delays, hindering regional trade. Industrial Investment: Dangote raised his Africa investment target to $60 billion and began a $2.5 billion fuel project in Namibia.
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