AGP Executive Report
Last update: 11 hours agoGreen Mobility Push: UNDP and electric mobility firm TAILG signed an MoU in Kenya to launch “Green Ride Africa,” aiming to build a Green Mobility Centre of Excellence and scale low-carbon transport across Africa. AI Drives Costs and Fintech Strategy: A global memory-chip scramble linked to AI data centres is pushing up consumer electronics prices, while OPay argues AI will be the next engine for Africa’s financial inclusion—improving fraud checks, compliance, and access to credit. Payments for Micro-Merchants: Visa unveiled smartphone-based payment tools that let small businesses accept card payments without traditional terminals, targeting street vendors and micro-sellers in emerging markets. SME Pressure Signals: South African SME confidence fell in 2H 2026 amid fuel and global uncertainty, and fintech Gigbanc in Nigeria is winding down after funding challenges, urging users to withdraw balances before closure. Skills Gap Funding: Telkom pledged close to R100m for a Telkom AI Institute in South Africa, focusing on practical, job-ready AI and digital skills for young people and small businesses. Trade and Investment Risk: Ghana’s Chamber of Mines warned that uncertainty over mining lease renewals—not tax levels—is the biggest threat to investor confidence.
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