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AGP Executive Report

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Dangote Refinery Funding: Africa’s richest man Aliko Dangote secured a record $2.5bn private investment to expand his Lekki refinery, lifting capacity toward 1.4m barrels/day by 2028 and setting up a potential IPO. AfCFTA Digital Trade Push: Nigeria inaugurated the ADAPT implementation forum to move from policy to execution on interoperable, trusted digital trade infrastructure, with Nigeria co-championing the AfCFTA digital trade protocol. Continental Credit Ratings: Africa is edging toward a new continental credit rating agency, with the African Peer Review Mechanism saying operations are due to start Oct. 6 in Mauritius, aiming to widen local context in sovereign and corporate risk views. Health Financing Reform: Ethiopia and UNECA agreed to strengthen the Transforming Health Financing in Africa Initiative, making Ethiopia an early adopter to boost domestic health funding and innovative, debt-sustainable financing. US Visa Overhaul: The US will end routine visa processing at Abuja and 24 other African missions from Aug. 1, shifting routine work to regional hubs. Nigeria Audit Market: PwC and EY lead Nigeria’s corporate audit market in 2025, each auditing 23 companies, underscoring continued concentration among top firms. Allied Gold Deal Shift: Zijin Gold terminated its $5.5bn acquisition of Allied Gold but will invest about $295m instead via private placement, with mine ramp-ups in Ethiopia and Mali in focus. Payments Spotlight: Flutterwave was named to CNBC and Statista’s World’s Top Fintech Companies list, reinforcing its push in cross-border commerce. Trade & Logistics: China, PSCs and Mozambique hosted a Maputo entrepreneurs meeting that signed 24 cooperation deals worth about $150m, focused on logistics infrastructure.

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.

AGP Wire

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Jul. 28, 2026

VIS propune strategie pentru exporturile Moldovei spre Africa

AGP

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Jul. 28, 2026

Hunter Green CPA opens bookkeeping and tax services for medical businesses

AGP

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Jul. 27, 2026

Call Sheet Media acquires African-inspired fantasy screenplay 'The Embers of Aerthos'

AGP

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Jul. 23, 2026

Evolving Systems deploys Smart Dealer for African telecom onboarding

AGP


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Economy11 hours ago Oil Prices Plunge 5% as US-Iran Ceasefire Fuels Peace Hopes

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Africa’s Sports Boom Draws Global Brands and Travellers as the Sector Races Toward $20bn

Africa’s biggest airline crosses $9 billion in revenue despite Middle East conflict and Ebola disruptions

Africa’s biggest airline crosses $9 billion in revenue despite Middle East conflict and Ebola disruptions


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