AGP Executive Report
Last update: 6 hours agoCapital Markets: Dangote is exploring listings across African exchanges for its $1.6 billion refinery IPO, which drew about $4.77 billion in orders in Nigeria. South Africa’s JSE surged 3.67% as gold miners rallied. Energy Investment: South Africa registered 144 new power facilities worth an estimated R78.16 billion, while AngloGold Ashanti plans to invest $900 million to expand mines, including Geita in Tanzania and Siguiri in Guinea. Infrastructure Finance: Morocco’s ports agency secured a €100 million, 13-year loan from France’s AFD for port upgrades, renewable energy and decarbonisation. Business Funding: Afreximbank raised its creative-industry financing commitment to $2 billion and is targeting more than $540 million in CANEX deals. African startups raised $183 million in October, down 58% year on year. Financial Reform: AfDB President Sidi Ould Tah urged faster, better-coordinated financing for businesses, unveiling a framework to improve capital mobilisation and risk-sharing.
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