AGP Executive Report
Last update: 10 hours agoRetail: The UK’s MOBILIST programme has invested $15 million for a roughly 13% stake in Kenya’s Quickmart, ahead of a proposed public listing that would offer half the supermarket chain’s shares. Household Costs: South African inflation edged up to 4.5% in September, driven by transport and fuel costs; petrol could rise by nearly R2 a litre in November. In Kenya, the central bank warns that dry weather, fuel and transport costs may push up prices for milk, flour, sugar and peas. Food & Cooking: Dangote Refinery trimmed its cooking-gas price to ₦1,025 per kilogram, though transport and retailer margins affect what households pay. Consumer Protection: Nigeria’s NCC launched a phone-checking tool via *315# and online, helping buyers verify devices before purchase and avoid counterfeit or non-compliant handsets. Local Manufacturing: Chery Group’s Omoda C4 will be built in South Africa, with plans to develop local suppliers and offer petrol, hybrid and electric versions. Affordable Mobility: Spiro has introduced its first 100 electric motorcycles in Ghana, saying battery swapping can cut riders’ daily operating costs by up to $2 versus petrol bikes.
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