AGP Executive Report
Last update: 8 hours agoCapital Markets: Airtel Money began trading in London at a £5.3bn valuation after a £582m share sale, putting a spotlight on investor appetite for Africa’s digital finance sector. OPay’s US IPO filing showed first-half revenue more than doubled to $467m, with net income reaching $91m. African Finance: The African Union-backed credit rating agency has launched in Mauritius, aiming to bring more continent-specific analysis to borrowing assessments; officials caution it will not cut financing costs overnight. Investment: Dangote Refinery’s $1.6bn IPO has opened to East African investors, broadening access to one of the continent’s largest offerings. Growth and Energy: The World Bank raised its 2026 growth forecast for sub-Saharan Africa to 4.3%, while Zambia’s Axian and Africa GreenCo signed a deal for 240MW of solar power.
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