AGP Executive Report
Last update: 11 hours agoEnergy & Utilities: Nigeria’s NERC ordered Discos to compensate Band ‘A’ customers for power shortfalls tied to gas constraints and vandalism, with June 30 set for final reimbursement. Telecom & Consumer Value: Glo launched a “More Data More Value” offer with higher data bundles across weekly and monthly plans, as Nigeria’s data-led market keeps shifting. Digital Finance & Inclusion: Ethiopia’s EthSwitch hit 1 million EthioPay-IPS transactions in a day (over 5bn birr), winning a financial inclusion tech award for interoperable instant payments. Retail & Consumer Spending: South Africa’s NIQ reports spaza and traditional outlets outperformed big chains as households buy smaller, more frequent baskets to manage tight budgets. Insurance for Everyday Risks: Shoprite’s Petshop Science partnered with Outsurance to offer free accidental pet insurance, adding insurance-linked loyalty in a price-sensitive pet market. Health & Regulation: Kenya’s Ministry of Health urged stronger Novartis collaboration to speed care for NCDs, cancer, sickle cell and palliative services. Public Health Watch: CAPPA warned Nigeria’s nicotine and tobacco industry is targeting youth with flavours and marketing, calling for urgent regulatory action. Business Climate: Kenya’s PMI showed private sector activity worsening sharply in May as inflation and costs bite. Energy Expansion: Dangote Refinery ramped up to 700,000 bpd in a capacity test, aiming for 1.4m bpd within 30 months. Power Sector Governance: Nigeria’s state electricity regulators warned a proposed Electricity Act Amendment Bill could reverse devolution and disrupt sector decentralisation.
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.