AGP Executive Report
Last update: 7 hours agoFintech & Payments: BanffPay (Liberia) secured a Central Bank of Liberia PSP licence and launched what it calls the country’s first unified pay-in/pay-out API, aiming to simplify digital payments for businesses and consumers. Banking Leadership: UBA confirmed Tony Elumelu’s retirement from the chair role and named Emmanuel Nnorom as his successor, effective Aug 21, 2026. Small Business Support: South Africa’s Spaza Shop Support Fund still has R320m available, but many applications were rejected over missing municipal permits and licences—highlighting the formalisation gap. Digital Governance: Nigeria’s communications ministry ordered regulators to keep the current approach on platform and online intermediary rules while a harmonised policy is developed. Health & Safety: South Africa reported rising measles cases (2,476 lab-confirmed), with vaccination drives urged as transmission continues, including among older age groups. Energy Access: WeLight plans a $650m expansion to scale solar mini-grids, targeting Nigeria and the DRC to multiply connections by 2030. Food Security (EAC): EAC ministers adopted measures and a 2026–2035 agri-food investment plan to boost regional food security, rice competitiveness, and reduce trade barriers.
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