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AGP Executive Report

Last update: 9 hours ago

SME Growth & Grants: A Kenyan entrepreneur, Annick Gulenywa’s Veira, is building an all-in-one operating system for small businesses—covering sales, inventory, payments, tax compliance and AI insights—after winning support from the Tony Elumelu Foundation’s 2025 programme. Digital Payments & Inclusion: OpenAI says ChatGPT Ads hit a $1bn annualized revenue run rate in under 200 days and is expanding self-serve Ads Manager to India, Europe, the Middle East and North Africa, with SMBs taking a “material share” of spend. Connectivity Investment: Airtel Africa plans about $1.1bn in capex across 14 markets to expand coverage, fibre and capacity, with Nigeria a key focus as data demand rises and power costs bite. Energy for Businesses: All On and Energise Africa are investing $4m in solar mini-grids across 19 Nigerian communities in Jigawa and Bauchi, targeting nearly 100,000 people and local enterprise benefits. Water Crisis Hits Households: Residents in South Africa’s uMngeni-uThukela area report taps running dry for months, forcing long daily trips and still receiving municipal bills. Credit & Agriculture: Nigeria’s agriculture credit rose 23% in Q1 2026 as banks shifted lending away from oil and manufacturing. Cybersecurity for SMBs: Kaspersky warns small businesses face the same attack methods as large firms, with rising spyware, password-stealer and backdoor threats. SME Finance Deal (South Africa): The AfDB invested $332m via a Standard Bank social bond to expand SME lending, with extra focus on women-led businesses. Fraud Risk: A report highlights “dual fraud” threats in SMEs—both internal and external—showing how weak controls can turn everyday operations into losses.

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.

AGP Wire

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Aug. 28, 2026

SMBG device market forecast points to steady growth through 2030

AGP

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Aug. 4, 2026

ROJAN launches Phase Two of South Africa expansion plan

AGP

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Sep. 1, 2026

Independent software vendor market seen reaching $11.9 billion by 2035

AGP

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Jun. 30, 2026

MENA Banking Excellence Awards names retail, digital and SME winners

AGP


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News24 | Africa Bitcoin Corp CEO and CIO debarred, placed on leave

News24 | Africa Bitcoin Corp CEO and CIO debarred, placed on leave

100 editions, one mission: The story of Amjambo Africa

100 editions, one mission: The story of Amjambo Africa

FINANCE & SMEs: $332M Boost for SA’s Small Businesses

FINANCE & SMEs: $332M Boost for SA’s Small Businesses


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Self-Monitoring Blood Glucose (SMBG) Devices Market Report 2026 Market Outlook Supported By A Forecast 8.3% CAGR

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