AGP Executive Report
Last update: 4 hours agoAgribusiness Finance: Nigeria’s Renewed Hope Smallholder Agricultural Financing Programme, backed by the Bank of Agriculture, targets lifting annual grain output from 11m tonnes to 25m tonnes via single-digit 9% loans for inputs like seeds and fertiliser, with plans to scale from 500,000 farmers this wet season to 5m over time. Public Finance & Governance: Nigeria’s opposition leader Atiku Abubakar alleges ₦210bn in duplicated and overlapping 2026 budget allocations, calling the Tinubu administration fiscally reckless—while South Africa’s procurement debate spotlights how weak governance, not policy design, can turn spending into corruption risk. Banking Leadership: Coronation Merchant Bank appoints Obeahon Ohiwerei as CEO after recapitalisation and regulator approval, as it pushes digital and governance reforms. Capital Markets: Dangote’s refinery secures $2.5bn in private placement ahead of a potential August IPO, with demand reported around $4bn. Mining & Investment: Ghana’s MIIF and GHIB open talks on financing and structured deals across the mining value chain, including lithium. Digital & Inclusion: South Africa’s Access Bank argues financial literacy is the missing “infrastructure” behind inclusion, warning that accounts without understanding still leave people exposed to fees and fraud.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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