AGP Executive Report
Last update: 10 hours agoCredit Access: Nigeria’s National Credit Guarantee Company says ₦64.13 billion in loans has reached 174,495 borrowers, supporting an estimated 914,791 jobs. More than 22,600 people accessed formal bank credit for the first time, and women make up 42.7% of those first-time borrowers. Trade Opportunities: Oyo State is promoting its international trade fair as a route for local firms to reach African markets, while the governor says the state ranks third nationally for ease of doing business. SME Finance: Cameroon’s financial institutions provided CFA8.99 billion in equipment leasing to SMEs in the first half of 2026; three-quarters of that financing came in the second quarter. Digital Growth: The World Bank has enlisted Cassava Technologies and NVIDIA in an initiative to offer shared, pay-as-you-go AI computing capacity, potentially lowering a major cost barrier for African businesses. But cross-border payment hurdles still limit firms seeking to trade across the continent.
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