AGP Executive Report
Last update: 11 hours agoOpen Banking Rollout (Nigeria): Nigeria’s open banking framework is set for a phased go-live through mid-2026, with the CBN using BVN-linked, consent-based access via a central registry run by NIBSS—aimed at expanding credit, savings and insurance for the unbanked and underserved. Consumer Protection & Pricing (Ghana/South Africa): Ghana Standards Authority says it’s understaffed, forcing producers to travel to Accra for testing and certification; in South Africa, SAB warns proposed higher beer taxes could fuel a bigger illicit market. Energy & Cost Pressure (Nigeria/South Africa/Kenya): Nigeria’s MDAs spent N220bn on solar to cope with grid failures; South Africa’s farmers face underinsurance after floods; Kenya’s YADEA launched an Africa-focused electric motorcycle for commercial mobility. Retail & Payments (South Africa/Nigeria): Destination malls keep taking more share of consumer spend; Old Mutual’s OM Bank integration lifted customers to 473,000 in Q1. Health & Regulation (Nigeria): Adcock Ingram’s “excessive pricing” of kidney failure products is under scrutiny as Nigeria debates sugar-sweetened beverage taxes and their impact on manufacturers. Investment & Media (Africa/Global): Blacks Network launched a Wefunder campaign to fund expansion into news, film, mobile wireless and Africa-focused distribution.
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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