AGP Executive Report
Last update: 14 minutes agoInstant Payments & AML: Central Africa’s move onto PAPSS for instant cross-border payments is set to speed trade—but also raises the stakes for anti-money laundering controls. Pay-TV Product Shake-Up: MultiChoice is unbundling DStv bouquets in South Africa, letting viewers buy sports separately, as subscriptions keep slipping. Consumer Sentiment Watch: South Africa’s consumer confidence bounced to -13 in Q3, but spending is expected to stay cautious as oil-price pressure and interest-rate uncertainty linger. Nigerian Capital Markets: NGX shares surged again, adding about N1.1trn in three days, with banking and insurance stocks leading. Electricity Reality Check: Nigeria’s power minister says some areas now get up to 18 hours of supply—so residents joke that freezers are “freezing.” Fuel Price Pressure: Nigeria’s petrol hit record levels in parts of the country (around N1,500–N1,520), prompting the NLC to demand wage support and more action on crude supply to local refineries. Insurance for Diaspora: Linkage Assurance launched DiasporaCare+ for Nigerians abroad, covering travel, homes, autos and holiday injuries. Logistics Upgrade: Ethiopia doubled capacity at the Mojo logistics hub to about 1m containers a year to cut reliance on Djibouti. Consumer Electronics Push: TCL unveiled its 2026 TV and home appliance lineup for Ghana, spotlighting Mini LED and smarter cooling. Direct Marketing Clampdown: South Africa’s NCC plans an opt-out registry to curb unwanted direct marketing calls and messages.
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