AGP Executive Report
Last update: 27 minutes agoCompetition & Telecom Reform: Nigeria’s FCCPC has been ordered to dismantle Optasia’s alleged 12-year monopoly in airtime credit and data advances, a move aimed at unlocking an estimated N3tn annual revenue and boosting jobs and local innovation. Cross-Border Payments: Afreximbank expands AfPAY adoption via roadshows, linking 400+ banks and pushing faster, cheaper trade settlement across Africa and China. Fintech Stablecoins: Flutterwave partners Tempo to add a stablecoin settlement rail (USDC/USDT) for remittances and business payments, cutting friction in cross-border transfers. Banking Returns: Ecobank resumes dividends with a $40m payout after a 2022 pause, reporting record 2025 profits and improved efficiency. Infrastructure & Energy: Algeria, Nigeria and Niger advance a 4,128-km trans-Saharan gas pipeline targeting up to 30 bcm/yr for Europe; Liberia commissions its first grid-connected 20MW solar plant, slashing power costs from 28¢ to 3¢. Industrial Push: Tanzania courts investors at SPIEF with its Bagamoyo SEZ pitch, while Akwa Ibom pushes the Ibom deep-sea port project toward execution. Capital Markets: Ghana’s Kasapreko IPO draws bids over GH¢1.4bn, more than double its target, signaling renewed investor appetite. Digital Services: Ghana pitches London investors to scale outsourcing and digital services exports, positioning the country as a global business hub.
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