AGP Executive Report
Last update: 2 hours agoSouth Africa Rates Watch: The SARB kept the repo rate at 7% and prime at 10.50%, with Deputy Governor Fundi Tshazibana warning inflation risks remain elevated despite signs inflation is easing. Ghana Public Finance: Finance Minister Cassiel Ato Forson says Ghana’s economy has crossed $100bn for the first time and that debt servicing has fallen sharply, freeing money for services. EV Battery Push (Morocco): The AfDB approved a $110m loan for Africa’s first gigafactory in Morocco, backing lithium battery manufacturing to support the continent’s EV build-out. Election Funding Independence (Nigeria): INEC chair Joash Amupitan says the electoral body can’t be truly independent without financial autonomy ahead of 2027 polls. Shipping Costs (South Africa): Maersk revised South Africa port charges from 1 August 2026 after Transnet’s fuel neutrality policy. Zimbabwe Development Finance: Zimbabwe was admitted as a borrowing member of the BRICS-backed New Development Bank, opening a new route for infrastructure and energy financing. Digital Payments Research: PhotonPay released a report arguing Africa’s payment rails remain fragmented, pushing businesses toward unified cross-border settlement solutions. Ebola Update (DRC): Congo’s Ebola outbreak hit 1,000+ deaths, with the spread described as the fastest on record.
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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