AGP Executive Report
Last update: 2 hours agoCourt Action on Fintech Fraud: Access Bank has asked Nigeria’s Federal High Court in Lagos to freeze accounts tied to an alleged unauthorised transfer of N1.34bn, naming 71 banks and payment providers after an incident linked to its Access SME App. SME Learning Expansion: CambriLearn will extend Afrikaans-medium schooling to Grade 12 from the 2027 academic year, closing the language-pathway gap for learners. EAC Trade Push: Germany pledged €39.8m (about Sh167bn) to the East African Community to deepen regional trade, with support aimed at MSMEs and trade systems. Digital Payments Growth: EBANX expanded senior leadership across hubs to scale merchant services in emerging markets, including Africa. E-commerce Funding for Sellers: IFC backed Jumia with $25m to help 60,000 active sellers join Africa’s digital commerce economy, creating jobs and sales-agent income. Kenya Watch Market Partnerships: Chinese watchmakers are seeking distribution and private-label partnerships in Kenya to use the country as a gateway to East Africa. Microfinance as Investment Asset: Dr Sam Ankrah urged African microfinance to be treated as an investable, governance-led sector—not charity—at an Accra summit. Regional Integration Message: Ramaphosa urged SADC to accelerate mineral beneficiation and back SMEs and youth through stronger intra-regional trade. Crypto Tax Warning: Nigeria’s new crypto stamp duty rules could push users to foreign unregulated platforms, operators warn. Uganda Golf Boost: Uganda’s Pearl of Africa Golf Series gained OWGR status, expected to lift tourism and business activity around Entebbe. Tourism Value Question: Ghana’s Aburi Botanical Gardens is drawing scrutiny over whether it’s maximising revenue and visitor potential.
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