AGP Executive Report
Last update: 37 minutes agoBanking & Capital Markets: Ecobank says 25 of 34 African subsidiaries now earn returns above their cost of equity, supporting a proposed $40m dividend after years of pressure. Regulatory/Deal Watch: WAEMU’s banking regulator has approved Bosquet Investments’ purchase of Nedbank’s 21.22% Ecobank stake, reshaping shareholding. Development Finance: Ethiopia’s House ratified AfDB/IDA loan deals for pastoralist food and livelihood support and the Productive Safety Net Program phase six. Trade & Food Security: ECOWAS and partners launched a push for West Africa rice self-sufficiency by 2035, backed by public, private and blended financing. Healthcare Policy: South Africa’s civil society groups criticised the planned lenacapavir HIV rollout as too limited for high-risk populations. South Africa Economy: Business warns Johannesburg’s fiscal and governance crisis could hit investment confidence as recovery gains traction. Mining & Commodities: Zimbabwe’s Redwing gold restart is underway, with rehabilitation and power upgrades accelerating operations. Digital Finance: MTN Mobile Money Uganda appointed Phrase Lubega as managing director to deepen inclusion. Africa–UK Investment: Ghana reaffirmed its investment push at the Ghana–UK Investment Summit, urging more UK capital into trade, agribusiness and infrastructure.
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