AGP Executive Report
Last update: 3 hours agoGhana’s $10bn plan: The 2027 budget sets out four years of domestic investment in agriculture, energy, technology and mineral processing, as the government targets 5.2% growth. South Africa’s financial rules: A long-delayed bill to create a single market-conduct framework for financial institutions is nearing tabling in Parliament. Dangote’s expansion: Aliko Dangote says his Africa investment target is rising to $70bn, including plans for 10,000MW of power generation to support industry. Climate finance: Ghana’s infrastructure fund won direct-access status to the Green Climate Fund and aims to develop a $300m project pipeline; the funding is not yet secured. Regional funding: Afreximbank has unveiled a $2bn facility for African states and sub-national governments. Nigeria’s reserves: External reserves climbed $295m in October to $55.2bn, their highest level in 18 years. Mozambique’s outlook: The IMF warns higher fuel costs and foreign-currency shortages are adding pressure to reserves and public finances.
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