AGP Executive Report
Last update: 16 minutes agoTelecom Court Battle: Vodacom says it will appeal a Kenyan court ruling that could force it to unwind its 15% Safaricom stake, with refunds potentially reaching about $1.9bn. Energy & Prices: Nigeria faces fresh pressure as cooking gas jumps 25% to around N1,500/kg and diesel rises above N2,000/litre, lifting costs for manufacturers and transporters. Digital Tax Ops: Kenya’s KRA will waive penalties and interest tied to iTax portal downtime ahead of VAT filing deadlines, after intermittent access problems. Business Climate Push: Zimbabwe’s government touts “Open for Business” as it opens Ecobank Pan African Bank’s new Harare HQ and removes licensing/fee frictions. Cross-Border Trade: Cameroon firms are invited to Egypt’s Alamein Africa Forum to deepen trade and investment links. Regional Payments Growth: Nigeria-based PAPSS reports transaction volumes up about 1,000% year-on-year and plans wider adoption from 2027. Political Economy: Morocco’s parties court youth ahead of Sept 23 polls with job and housing promises after last year’s unrest. Power Reliability Hit: Gambian businesses and fish traders struggle under prolonged blackouts, with protests flaring as outages disrupt ice, hospitals and water. Capital Markets Spotlight: Nigerians scramble for Dangote Refinery’s “people’s IPO,” betting on Africa’s biggest retail offering.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.