AGP Executive Report
Last update: 34 minutes agoRenewables Finance: South Africa’s Nesa Power Group secured R150m mezzanine debt from Maia Capital Partners to buy more solar PV assets and expand long-term power purchase agreements, aiming to cut business power costs and boost jobs. Corporate Leadership: Diageo appointed John Musunga as Managing Director for Africa from July 1, relocating to Nairobi as Kenya’s regional hub role grows. Energy & Infrastructure Deals: The Lobito Corridor railway project hit $753m financial close, backed by AFC with USDFC and DBSA funding to rehabilitate the Angola–DRC rail link. Payments & Settlement: Local payment rails are gaining momentum as remittance providers move away from slower correspondent banking for faster, clearer cross-border transfers. Climate Risk & Resilience: Experts at Tanzania’s WMO workshop urged more investment in early warning systems and anticipatory action to protect communities from floods and droughts. Health Systems: ESAMI launched AfriCHEG in Arusha to strengthen health economics, governance and technology use for Universal Health Coverage. Digital Finance Tech: Huawei’s Sub-Saharan Africa Intelligent Finance Summit pushed “resilience first” cloud and AI upgrades for African banks. South Africa Migration Fallout: South Africa’s June 30 anti-immigrant deadline passed, but displaced people still need humanitarian support as calls grow to tackle deeper economic and governance drivers.
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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