AGP Executive Report
Last update: an hour agoSpaza Shop Support Fund: South Africa’s DSBD says licensing backlogs are still slowing the R500m spaza shop rollout, with about R179.6m approved but many owners waiting; officials also warn that registration isn’t licensing and some applications were rejected after checks found shops didn’t exist or details were wrong. SME Finance & Sustainability: Ghana’s OmniBSIC Bank and Indelible/Pay2Nature are partnering to route small transaction contributions into verified nature and biodiversity projects, a first-of-its-kind “nature finance” model for African banking. Trade & Market Access: Cameroon launched an Export Readiness Program in Douala to help SMEs meet U.S. compliance and competitiveness standards, as the country remains outside AGOA. AfCFTA Logistics Win: Nigeria’s exporters are seeing up to 75% lower air cargo costs via the East & Southern Africa corridor, with rebated rates aimed at MSMEs. SME Banking Recognition: Kenya’s Co-op Bank was named SME Bank of the Year in Africa at the African Banker Awards. Tourism Jobs Push: South Africa targets 15m international arrivals by 2030, citing tourism’s 954,000 direct jobs and a R2.54bn budget allocation for 2026/27. Employment Equity Legal Update: South Africa’s Constitutional Court dismissal clears the way for implementing employment equity regulations and 5-year sector targets.
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