AGP Executive Report
Last update: an hour agoIMF & Growth Rankings: The IMF put out its 2026 “richest economies” list for Africa, keeping South Africa and Egypt at the top while flagging faster momentum in countries like Nigeria after a big GDP jump. Banking Regulation: Ghana’s central bank extended the registration deadline for International Money Transfer Operators to July 31, warning non-compliant firms could lose partnerships with regulated institutions. Digital Payments Push: Nigeria’s eNaira could soon become a “core payment rail” for salaries, pensions and welfare under the Payments System Vision 2028, as the CBN tries to move it beyond low adoption. Mobile Money Expansion: MTN says it’s scaling fintech beyond MoMo into a broader digital financial ecosystem, targeting 40–50 million more customers by 2030. Energy Finance & Markets: A report says Africa’s power sector is shifting from utility monopolies toward private-capital-backed hybrid models, with reliability driving longer, more complex contracts. South Africa Corporate & Labour: The Labour Court halted a R37.7m execution against Startek/ Aegis Outsourcing after a dispute with dismissed workers, while South Africa also faces scrutiny over business visa approvals and youth employment fund governance. Investment & Industry: South Africa’s IDC is weighing options on Mozal’s 63.7% stake amid electricity supply constraints, and MTN’s fibre push underlines the continent’s infrastructure race.
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