AGP Executive Report
Last update: 12 hours agoFuel Costs: Nigeria is offering a 30-day petrol discount at NNPC stations and negotiating a ₦1,350-per-litre cost ceiling to limit price swings that squeeze businesses and transport operators. Manufacturing & Exports: Ghana’s President Mahama urged 3Dreamers Manufacturing and other local producers to expand, hire and use AfCFTA markets to grow exports. SME Support: A Canadian-backed five-year programme will help 200 Nigerian businesses build export capacity; 67% of participants are expected to be women-led or from under-represented groups. Finance: African startups raised $260.3 million in September, but the ten largest deals captured 85.5% of the total, highlighting how unevenly capital is distributed. Operating Costs: Johannesburg businesses are spending heavily on water storage and backup power as outages disrupt trading, with one coffee shop reportedly paying R5,000 to refill its tank. Digital Tools: The World Bank says affordable, locally adapted AI could help African small businesses automate routine work and improve productivity.
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