AGP Executive Report
Last update: 3 hours agoFinance: The African Union is moving to launch the continent’s first credit-rating agency, seeking to improve how African risk is assessed and ease borrowing costs. Growth: The World Bank raised its 2026 Sub-Saharan Africa growth forecast to 4.3%, while warning that jobs and incomes are lagging. Energy & Markets: Dangote Refinery plans to offer East African investors 20% of its $1.6 billion IPO; the Botswana Stock Exchange could host a regional trading venue for the shares. Trade: Ghana has formally applied to join BRICS as it seeks to broaden economic partnerships. In Benin, Cotonou’s port is delivering containers in 36–72 hours, and an EU business mission is seeking investment links in sectors including agro-industry, energy and logistics. Business Costs: Nigerian manufacturers spent an estimated ₦1.35 trillion on alternative power in 2025, up 23% year on year.
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