AGP Executive Report
Last update: 12 hours agoDigital Trade Push (Kenya): Kenya is aiming for a bigger slice of the global digital trade market, with government backing tech, digital payments and cross-border e-commerce—while urging regulators and financiers to remove barriers for MSMEs to sell and get paid internationally. Growth Outlook (World Bank): The World Bank lifted sub-Saharan Africa’s 2026 growth forecast to 4.3%, but warned jobs and incomes are lagging, with debt still fragile. Nigeria’s Policy Shift: Nigeria is being urged to move from stabilisation to faster, broad-based growth—targeting at least 7% GDP growth by 2030—by boosting investment, industrialisation, jobs and access to finance. SME Insurance Testing (Kenya): Jubilee Group and FSD Africa will pilot affordable insurance products with insurtech partners, targeting SMEs and low-income households starting November 2026. Regional Trade Reality Check: A CEO survey finds strong optimism for cross-border expansion, but trade finance remains hard to access and intra-Africa trade is still only a small share of exports. Manufacturing Pressure (Nigeria): Nigeria’s manufacturing share of GDP fell to 7.72% despite recent output growth, renewing calls for better markets, affordable credit and reliable power. Energy Jobs Angle (Nigeria): Solar is framed as a mass-employment pathway—creating roles for installers, sellers and service agents—alongside the push for affordable, reliable electricity. Zambia Reforms Pay Off: Zambia’s growth outlook was upgraded as reforms improve management, with the next challenge being turning growth into jobs. Trade Finance for Diaspora (Uganda): Equity Bank urges Ugandans abroad to shift from only remitting for consumption toward investing in assets and business opportunities.
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