AGP Executive Report
Last update: 4 hours agoExport Finance: Afreximbank approved NEXIM a $30 million facility to finance Nigerian export-oriented SMEs, including a $20 million working-capital line and $10 million in longer-term loans. Businesses may also get export-readiness support, with funding aimed at manufacturing, processing and intra-African trade. SME Lending: Proparco and Ecobank agreed on a $10 million guarantee to expand lending in the DRC, especially to women-led businesses and young entrepreneurs. Trade Access: Nigeria and Rwanda launched a three-year air-cargo plan linking Lagos with five African cities, with rates of $1.20–$1.90 per kilogram—below the $3–$10 some exporters previously paid. Energy SMEs: Mozambique’s ENH–Linkar project is connecting local energy suppliers with training, investors and international partners. AfCFTA Readiness: Cameroonian entrepreneurs say high costs, weak infrastructure, complex administration and limited market information still block small firms from taking advantage of continental trade.
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