AGP Executive Report
Last update: 14 minutes agoBanking Expansion: NCBA Group says it’s targeting Ethiopia and the DRC as its next frontier markets, with acquisitions the preferred entry route after the Nedbank deal that values the transaction at about $850m. Local Content & Energy Services: Mozambique’s Techdrilling opens a new Pemba operations base to bring inspection, testing and HSE training closer to oil and gas clients in Cabo Delgado. SME Growth Push: Nedbank Mozambique’s MD argues SMEs are key to diversifying Mozambique’s economy, pointing to real examples like Merec’s breadmaking expansion. Local Business Enablement: ROSCONSULT, LDA highlights how Mozambican consultancies are building capacity across energy, mining, water and safety services. Financial Safety Warning: Nigeria’s NDIC warns households and small businesses to avoid unlicensed fund managers and Ponzi schemes promising “extraordinary returns,” stressing checks before depositing money. Insurance Buffer: South Africa’s Sasria is edging toward a R30bn reserve target after the 2021 riots, with government urging review of whether risks should expand beyond unrest to climate and agricultural perils. Trade & Deals: Zambia targets over $5bn in investment and signed deals at Invest-Zambia International Conference in Lusaka (Dec 9–11). Digital Skills for Women: Standard Chartered Foundation backs five Nigerian women tech ventures with $50,000 total through its Women in Tech Accelerator. Local Market Access: Tanzania’s IPU assembly in Arusha is being positioned as a chance for local firms to showcase products and win new partnerships.
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.