AGP Executive Report
Last update: an hour agoCapital Markets: Dangote Cement has scrapped its planned London secondary listing, citing market conditions, and will remain listed in Nigeria. Local Industry: Mozambique LNG is targeting $4.5 billion in contracts for local firms, after procurement meetings drew more than 300 Mozambican businesses. In Nigeria, Olam Agri has begun a $70 million feed mill project in Delta State, due to open in 2027. Trade and Finance: The AfDB and Trade and Development Bank are expanding business financing by $200 million, while Nigeria’s pension industry and FSD Africa are partnering on a proposed $750 million infrastructure fund. The WTO says Africa accounts for just 3% of global exports, urging stronger regional value chains and industrialisation. Mining Rules: Ghana’s Minerals Commission warned foreign nationals involved in illegal small-scale mining they could face up to 25 years in prison, as it pushes for stronger enforcement. Digital Livelihoods: M-KOPA says affordable smartphones are helping Ghanaian informal workers grow their businesses and earn more.
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