AGP Executive Report
Last update: 2 hours agoIndustrial Investment: Uganda is courting Dangote Group to join its planned 60,000-barrel-a-day refinery and invest in fertiliser and salt production, aiming to process resources locally and create jobs. Digital Finance: Kenya now requires crypto businesses to obtain licences under its new rules, with fines and possible jail terms for operating without one. Manufacturing: Dangote-Sinotruk has unveiled Nigeria’s first locally assembled electric heavy-duty truck, alongside plans for technician training and after-sales support. Ports & Trade: Work is moving ahead on Nigeria’s Bakassi deep seaport, designed to handle larger vessels and reduce reliance on regional transshipment hubs. Mobile Money: Safaricom’s financial-services revenue rose 55.3% to KSh7.1 billion in the first half of its financial year as M-Pesa expands into credit, insurance and investments. Ghana’s Budget: Economists say the government’s 5.2% growth target is achievable, but only if spending plans are implemented with discipline and translate into jobs and higher production.
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