AGP Executive Report
Last update: 3 hours agoCross-border payments for SMEs: Uganda’s UKI Uganda is using Equity Bank’s Uganda–Kenya–DRC network to cut payment delays, lower costs, and reduce reliance on agents as it expands in the DRC. Digital payments expansion: Mastercard is partnering with Nigeria’s TeamApt (Moniepoint subsidiary) so TeamApt can operate directly on Mastercard’s network as a non-bank acquirer, boosting card acceptance for MSMEs. Mobile connectivity push: Airtel Nigeria is nearing 18,000 cell sites after adding 1,000+ sites and extending 4G coverage to all 774 local government areas. SME funding spotlight: The World Bank’s IFC invested $25m in Jumia to expand digital commerce across Africa, with lessons for entrepreneurs seeking similar growth capital. Job creation & local business: Zimbabwe’s Strive Masiyiwa says EcoCash will recruit 15,000 new mobile money agents as returnees come back from South Africa. Energy transition rules: South Africa’s SAPVIA welcomed Eskom’s move not to fine or disconnect households that missed the small solar registration deadline. Local economy momentum: Cape Town accounted for nearly half of new metro jobs in South Africa over the past five years, city figures show.
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