AGP Executive Report
Last update: 11 hours agoCapital Markets: Nigeria’s Dangote Petroleum Refinery is set to open its IPO order book on 14 September, with plans to sell 4.1 billion shares at about ₦525 each, targeting roughly $1.5–$1.6bn to help double capacity to 1.4m bpd and push further into East Africa. Energy Regulation: South Africa’s power regulator Nersa has opened public comment on Eskom’s 8.83% tariff structure for 2027/28, focusing on how revenue is split between fixed and variable charges, with submissions due 2 October. Development Finance: IFAD and Bank of Kigali signed a $12m financing deal to expand access to agricultural finance for Rwanda’s farmers’ organizations and smallholders. Clean Energy Access: Uganda’s dfcu Bank and Sawa Energy launched a pay-for-consumption/lease model to fund on-site solar and storage for SMEs and corporates. Climate & Food Systems: At the Africa Food Systems Forum in Kigali, private-sector players urged better soil health and faster, more reliable fertiliser subsidy payments to protect yields. Retirement Markets: South Africa’s living annuity assets jumped R911bn as retirees stay cautious, with average drawdowns holding around 6.6%.
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.