AGP Executive Report

Kenya Foreign Traders Crackdown: Ugandan traders are returning home after Kenya’s enforcement of President Ruto’s order against foreigners running small-scale businesses, with reports of harassment and business closures; Policy Backlash: Civil society groups warn the move could fuel discrimination and xenophobia, while legal and diplomatic efforts push for a safer, rights-respecting rollout; Business Relief Angle: Kenya’s government has extended a 90-day window for undocumented East African nationals to regularise status and set up a joint task team to manage Burundian cases; Payments & SME Growth: Ghana’s Bank of Ghana grants dLocal an enhanced payment licence for dLocal Ghana, letting it process transactions directly and connect to mobile money and bank accounts; SME Finance: Nigeria’s FinStore says MSMEs can access loans up to N100m, aiming to expand credit access for small businesses; Green Industry Push: Namibia uses the Africa Green Industries Summit to back green industrialisation, including green hydrogen jobs and value-add manufacturing; Startup Funding: African startups can apply for Google-backed Kickstarter’s Next Wave Fund (deadline Sept 30) with $10,000 pledges and training.

Kenya Foreign Traders Crackdown: Civil society groups warn Kenya’s move to shut foreign informal small businesses could fuel discrimination and xenophobia across the EAC, urging lawful, non-discriminatory enforcement. Kenya Immigration Regularisation: Uganda tells its citizens in Kenya to regularise stay and business operations after Ruto’s 90-day ultimatum, stressing licensing and bank accounts for small-scale traders. Mombasa Jobs Push: A new Mombasa Industrial Park project aims to attract FDI, link local SMEs to regional and global supply chains, and create thousands of jobs as 60+ firms show interest. Namibia Green Investment: NIPDB showcases investment-ready green projects at the African Green Industries Summit, pitching opportunities from solar to waste management to investors and partners. Nigeria Offshore Value Chain: NUPRC calls for stronger Nigerian participation in offshore oil and gas via ports, ship repair, fabrication yards, logistics and skills—so extraction translates into jobs and technology. EU Boost Africa Funding: The EU and EIB back Boost Africa with €108m to mobilise more capital and support entrepreneurs, innovation and up to 15,000 jobs. SME Trade Enablement: DHL and Absa sign an MoU to expand DHL GoTrade across Sub-Saharan Africa, combining logistics and finance tools to help SMEs scale cross-border e-commerce. Ethical Finance for SMEs (Nigeria): Open Space launches an Ethical Finance platform with Shariah-compliant, asset-backed products using AI to widen access for underserved individuals and businesses. South Africa Power Cost Pressure: Electricity minister Ramokgopa admits no targeted study on tariff impact on low-income households and small businesses; a revised pricing policy is under review. Digital Trade Policy (Kenya): Kenya E-Commerce Alliance launches to reduce barriers to cross-border digital transactions—payments, delivery, and regulatory friction are key pain points for small online sellers.

Kenya Foreign-Trader Crackdown: President William Ruto’s directive to shut down foreign-owned micro-retail and hawking businesses has triggered panic among Burundians and other migrants, but the government has now given foreigners 90 days to regularise work permits and business licences while warning against harassment. Xenophobia Risk: Senegal’s PM also condemned rising xenophobic rhetoric, urging foreigners to follow residency rules and calling for an end to stigmatisation. Court Challenge: A Kenyan lawyer has moved to court seeking to block the directive from being enforced against lawfully operating foreign traders. SME Finance Push (Nigeria): At Nigeria’s CIBN conference, Tinubu and CIBN leaders urged banks to shift from financing government to affordable credit for productive sectors and small businesses, while CIBN said MSMEs remain squeezed by high costs despite macro gains. Ethical Finance Launch (Nigeria): Open Space Financial Services rolled out Shariah-compliant ethical finance products (Murabaha, Ijarah, Diminishing Musharakah, Mudaraba) aimed at underserved individuals and SMEs. Cybersecurity for SMBs: Kaspersky’s survey found 86% of SMBs globally (82% in META) faced at least one cyber incident in the past year, with phishing and ransomware among the most damaging. Cross-Border Payments: OSL partnered with Waka to integrate stablecoin-to-USD conversion and USD payouts for Africa–global trade corridors. Branding Tech for SMBs (Kenya): Nairobi’s Brand AI says it now serves 38,102 businesses across 100+ countries with a “brand operating system” for consistent brand management. Agritech Award (Uganda): SANDI AI won a US$50,000 GoGettaz Agripreneur prize to scale tech that improves access to agricultural infrastructure and finance for underserved communities. SME Funding Gap (BRICS): BRICS trade ministers discussed an invoice-discounting mechanism to help MSMEs finance exports against unpaid invoices.

Kenya’s Foreign Traders Pivot: After President Ruto’s crackdown sparked panic, Kenya has given foreign nationals running small businesses 90 days to regularise immigration, work permits, business licences and registration—while warning enforcement will be “firm and strict” after the deadline. Xenophobia Backlash Watch: The move follows embassy rushes by Burundians and fears of violence, plus calls for restraint from lawmakers and warnings from rights groups. Kenya Court Challenge: A lawyer has rushed to court seeking to stop the government from enforcing the directive, asking for conservatory orders to prevent closures, confiscations and harassment. SME Credit Pressure (Nigeria): Nigeria’s CIBN says MSMEs are still squeezed by high operating costs and limited formal credit access despite macroeconomic progress. Private Credit Momentum (Africa): Moody’s projects continued growth in Africa’s private credit market as banks remain constrained, with infrastructure and mid-sized firms still needing long-term funding. Digital Commerce Boost (East Africa): Mastercard and Flowcart are pushing in-chat card payments across East Africa, aiming to help merchants convert social commerce into completed sales. Local Industry Push (Ghana): B5 Plus calls for import bans on goods Ghana can produce to protect jobs and exports. Skills for Youth (Kenya): Webmasters Kenya launches WasaaChat to help creators and entrepreneurs monetise communities and digital services. Energy Voice (Africa): The African Energy Chamber and WPC Energy urge stronger African leadership in global energy debates.

Youth Entrepreneurship Finance: Liberia launched the YEIB-MANCO Technical Assistance Program with AfDB funding, backing 50 youth-led MSMEs with business planning, financial management, marketing, record-keeping and market access—aimed at making firms “bankable” for future funding. Industrial Jobs Push: Kenya’s President William Ruto will officiate a Sh12bn GulfCap–DP World deal to kick off a Mombasa Special Economic Zone in Jomvu, targeting thousands of jobs and hundreds of participating firms. SME Funding Readiness: Deloitte Ghana urged SMEs to prioritize “bankability” (credible records, governance, risk controls, strategy and traction) over growth alone to unlock capital. Cashless Divide: South Africa is moving toward cashless payments, but only about 1 in 3 adults can truly go without cash—spaza and rural needs still keep cash relevant. Cross-Border Payments: Tanzania is urged to widen bank participation, harmonise rules and better integrate local-currency regional payments to boost cross-border trade uptake. Digital Commerce Payments: Mastercard and Kenya’s Flowcart will embed secure card payments into social commerce journeys, starting in Kenya and expanding across East Africa. Regulation & Disruption: Kenya’s crackdown on foreign-owned small businesses has triggered Burundians rushing for documents and temporary protection/registration steps. Green Industry Angle: Kenya’s recycling economy is still too fragmented and underfinanced to help small businesses scale into higher-value circular manufacturing. BRICS Watch: India’s BRICS Summit (Sept 12–13) is set to spotlight practical cooperation on trade, digital tech, finance, energy and small enterprise empowerment.

Kenya Crackdown on Foreign Traders: President William Ruto’s directive to shut down foreign-owned small businesses is now taking effect, with foreigners rushing to get documents and footage of enforcement sparking xenophobia fears. Burundi Nationals Caught Up: Kenya’s foreign affairs chief Korir Sing’oei apologised to Burundians over alleged harassment after a misunderstood “vacate” directive, while Kenya also opened a documentation and registration window for undocumented EAC nationals. Visa Rules Clarified: Kenya’s trade ministry says visa-free entry doesn’t grant work rights, warning foreigners against misusing visitor status to run shops or hawk without permits. E-Commerce Policy Pressure: Kenya’s e-commerce is projected to jump to Sh496bn by 2029, but merchants say taxation, invoicing, payments, delivery and cross-border rules need faster reform; the Kenya E-Commerce Alliance was launched to push coordination. Social Commerce Payments: Mastercard and Flowcart enable WhatsApp-based card payments for social sellers and SMEs, aiming to expand across East Africa and beyond. SME Funding Readiness: Deloitte Ghana urges SMEs to prioritise “bankability” (records, governance, risk systems, traction) to unlock the right capital. Nigeria Ship Financing: Nigeria’s long-delayed Cabotage Vessel Financing Fund is finally set to disburse up to $25m per approved applicant to boost local shipowners. SME Cyber Threats: A new wave of AI-powered cybercrime is targeting SMBs with automated phishing and scalable attacks. Creative Investment Platform: Egypt/MENA-focused Creative Investments Holding secured a $20m initial close to build a $50m creative-industry investment platform.

Weather & Local Business Continuity: Gauteng metros are on high alert after heavy rain and flooding, with severe thunderstorm warnings still in place and more showers expected—bad news for roadside traders and small operators. SME Finance Momentum: Capitec’s SME push is gaining traction, with its business client base rising to about 500,000 and an SME lending book of roughly R4bn, showing banks are finally scaling into underserved small-business segments. Trust as a Growth Lever: South Africa’s “trust economy” theme is getting louder: consumers increasingly decide fast based on credibility, reviews, and consistent delivery—not just polished branding. Micro-Entrepreneurship Success: A SASSA pensioner in Kraaifontein turned a COVID-era SRD grant into a micro-farm, now harvesting 500+ pumpkins a year and earning around R20,000 annually—proof that small grants can seed real businesses. Kenya Work/Trade Crackdown: Kenya’s trade ministry clarified that foreigners can enter visa-free, but not work or trade—enforcement targets misuse of tourist status, raising compliance pressure for informal retail. Kenya Hawkers Backlash: Ruto’s directive banning foreign street hawkers is sparking fear and pushback among urban traders, with calls for smarter regulation instead of blanket exclusions. Nigeria MSME Shock: Uber’s exit from Nigeria after 12 years is a warning for MSMEs that rely on platform ecosystems, just as costs and earnings squeeze drivers and small operators. Women’s Enterprise Expansion: AXIAN and AfDB launched a digital finance and skills programme for 34,000 women-led businesses across five countries, using mobile money and alternative credit assessment to close a major financing gap. SME Tech & Payments: People First Bank (Australia) launched a new digital banking platform powered by Backbase’s AI-native banking OS—useful as a signal of where SME banking UX and automation are heading. Trade & Cross-Border Policy: Nigeria’s border reopening debate is back in the spotlight, with supporters arguing it could revive legitimate trade and ease pressure on prices and businesses.

AfDB Delivery Test: AfDB chief Sidi Ould Tah is reshaping how the bank finances and prepares projects, but the real challenge is turning capital strength into results against a huge SDG funding gap. Climate Pressure on Business: A New Forest wildfire story underlines how extreme heat and drought are worsening, with knock-on risks for tourism, insurance and local livelihoods. Trade Push: Gabon and the UAE discussed boosting trade and investment links, while Nigeria’s Bauchi state urged removal of trade barriers to help small firms use ECOWAS’s ETLS for exports. SME Finance for Women: AXIAN and AfDB launched a digital finance programme reaching 34,000 women-led businesses across five countries, combining lending, skills and business support. Kenya Hawker Crackdown: Kenya’s Ruto ordered foreign small traders to stop hawking by Sept 7, sparking backlash over jobs, xenophobia fears and calls for smarter regulation. Nigeria Delivery Shake-up: Uber shut down in Nigeria after 12 years, a warning for MSMEs reliant on app ecosystems; inDrive meanwhile added free parcel protection up to N50,000 for courier users. Jobs via Innovation Parks: South Africa’s Coega is eyeing an innovation park to link research to manufacturing and jobs. AI for SMEs: A growing theme across coverage: AI must be mobilized for entrepreneurs, not just big institutions.

MSME Shock Watch (Nigeria): Uber shut down in Nigeria after 12 years, a move that hits drivers and small businesses tied to app-based transport and delivery economics. Policy & Trade (Nigeria): Nigeria’s foreign affairs minister says Tinubu’s reforms are stabilising growth, while ETLS/ECOWAS trade workshops push exporters to cut border delays and non-tariff barriers that raise costs for small firms. SME Risk (Kenya): Civil society warns Kenya’s directive to close foreign-owned small businesses could fuel xenophobia and violence, even as government frames it as protecting local traders. SME Support (Nigeria): FirstBank’s SMEConnect webinar targets practical sales strategies to help SMEs win customers and boost revenue. Digital for Business (South Africa): Pilot’s AI “Navigator” for restaurant POS lets operators query trading data in plain language to spot pricing anomalies and protect margins. Fintech & Inclusion (Nigeria): GITEX Nigeria launches MINT AFRICA in 2027 to convene regulators, banks and fintech on AI, stablecoins, cybersecurity and digital identity. Energy for Rural Growth (East Africa): EACOP nears completion in Tanzania, with oil transport targeted to start Jan 15, 2027—potentially reshaping jobs and local supply chains.

SME Skills & Market Access: Nigeria’s Alake of Egbaland opened the Adire Hub in Abeokuta to train adire artisans, link them to financing, and help them sell globally. Trade Integration Push: Nigeria’s FG is stepping up awareness of the ECOWAS Trade Liberalisation Scheme (ETLS), urging local manufacturers and SMEs to use it for wider market access and export growth. Kenya Foreign Traders Crackdown: Kenyan civil society warns President Ruto’s directive to close foreign-owned small businesses could trigger violence and harassment, even as some locals back the move. Fuel Cost Pressure: South Africa’s Debt Rescue says the latest petrol and diesel hikes are deepening household and small-business debt, raising the risk of more job losses. AI for SME Operations: South Africa’s Pilot launched Navigator, an AI layer for restaurant POS data—letting operators ask questions in plain language to spot margin leaks and recover costs. Digital Finance & Payments: GITEX Nigeria announced MINT AFRICA for Lagos in 2027, focusing on AI, stablecoins, cybersecurity, digital identity, and cross-border payments. Clean Energy for SMEs: Uganda’s dfcu Bank and Sawa Energy partnered to finance on-site solar for SMEs via long-term pay-for-consumption or lease deals. Quality for SME Exports: Togo’s Q-Boost program is helping micro, small and medium firms build ISO 9001-aligned quality systems to improve certification and market access. Pipeline Milestone: EACOP is reported at 87.8% completion, with crude transport targeted to start January 15, 2027.

Foreign SME Crackdown: Kenya’s Ruto orders a Sept 7 shutdown of foreign-owned small businesses, drawing civil society backlash over possible discrimination and xenophobic profiling—while similar enforcement pressure has hit Nigerians in Ghana. Township Economy Reality Check: South Africa’s Competition Commission flags that township business activity is mostly survivalist and informal, even as corporate players chase the “mass-market wallet,” with the township economy estimated at about R900bn a year. Rural Broadband vs Antitrust: SA telcos seek a rare competition waiver to share limited planning info for rural network rollout, arguing it’s needed to cut duplication and speed connectivity in underserved areas. Kenya–Tata Clash: President Ruto tells Tata Chemicals to effectively leave Kenya over claims it hasn’t delivered local factories, with replacement plans for glass and chemicals. SME Power Access: Uganda’s dfcu Bank and Sawa Energy launch a pay-for-consumption/lease solar model to help businesses shift from costly, unstable grid and diesel power. SME Quality Boost (Togo): Togo’s Q-Boost program supports micro, small and medium firms to adopt ISO 9001 quality systems for better market access. Digital Payments Expansion: UAE-licensed XTransfer gains in-principle approval to serve mainland UAE clients, targeting trade-linked businesses across Middle East and Africa. Cyber Risk for SMBs: Research highlights widespread cybersecurity incidents among SMBs in Africa’s META region, underscoring the need for practical protection.

Kenya SME crackdown: President William Ruto ordered foreigners running small businesses to close from next week, saying Kenya wants investors who create jobs and production—not hawkers competing with locals—while enforcement is set to begin and a bill heads to parliament. Payments & trade finance: XTransfer secured in-principle approval for a UAE retail payment services licence, aiming to serve mainland clients and deepen regulated cross-border payments for trade into Africa. SME market access via quality: Togo’s Quality Boost (Q-Boost) helps micro, small and medium firms build ISO 9001-style quality systems to improve certification and market access. Clean energy for businesses: Uganda’s dfcu Bank and Sawa Energy launched a partnership to finance on-site solar PV and battery systems for SMEs via long-term pay-for-consumption or lease deals. Local retail pressure from Shein/Temu: A South Africa-focused report warns Chinese fast-fashion platforms are reshaping online clothing sales and contributing to lost manufacturing and retail jobs. Township business barriers (SA): South Africa’s Competition Commission flagged market and regulatory hurdles that keep smaller firms out of shopping malls, including exclusive landlord deals. AI skills for SMEs (Nigeria/SA): HP and UpSkill Universe will train about 55,000 SMEs for free through the AI Skills for Business Programme. Women’s microfinance in cocoa belt (Côte d’Ivoire): Village savings groups supported by Nestlé and the International Cocoa Initiative are helping women borrow, start small businesses and manage household shocks.

Payments & Identity: Paycode hires Colin Digby as Chief Revenue Officer to scale revenue and partnerships for its offline-capable payments and digital identity tech across hard-to-reach markets. Manufacturing Push: Uganda’s manufacturing sector contributes about 16.5% to the economy, with the UMA flagging jobs, taxes and value-chain spillovers ahead of the Oct 2–11 trade fair. SME Finance Reach: Ghana’s Development Bank (DBG) says it has disbursed over GH¢2.5bn, with more than half of funding outside Greater Accra and a large share to women-led agribusiness, manufacturing and ICT. Township & Rural Growth Barriers: South Africa’s rural/township economy report points to market and regulatory barriers, weak procurement and compliance friction keeping many enterprises survivalist. Delivery Market Shake-up: Uber’s Nigeria exit is already reshaping options for SMEs, while a separate $16.9bn Uber–Delivery Hero deal could consolidate Glovo/Talabat operations across Africa. Kenya Crackdown on Foreign Traders: President Ruto orders foreigners running small shops and hawking to shut from next week, promising faster rules to protect local livelihoods. Cybersecurity for SMEs: A new focus on affordable protection argues SMEs need practical, not enterprise-style, cyber defenses. Energy for Business Continuity: Nigeria’s power access gaps keep small traders reliant on generators, with electricity costs amplified by fuel-price pressure.

Kenya SME crackdown: President William Ruto ordered foreigners running small shops and hawking to shut from next week, with enforcement starting Monday, Sept 7, and a promise to fast-track laws reserving certain trades for Kenyans—sparking fresh xenophobia concerns. Nigeria growth must reach households: Sen. Gbenga Daniel says Nigeria’s GDP gains won’t matter unless they translate into jobs, security, food access, and survival for small businesses amid rising power, transport and financing costs. Ghana SME financing push: Ghana’s 24-Hour Economy Secretariat plans a $500m patient, affordable facility with Bank of Ghana to fund export-ready SMEs and manufacturers, aiming to cut collateral burdens and keep rates below 10%. Nigeria power squeeze hits micro-traders: A report shows how unreliable electricity forces Nigerian small businesses to run on generators, with fuel-price pressure raising operating costs. South Africa township business barriers: The Competition Commission flags poverty and scaling hurdles in rural and township economies, pointing to sourcing, routes to market and regulatory frictions that keep small retailers out of value chains. Cybersecurity for SMEs: A new piece argues African SMEs can’t afford “big-firm” security stacks, but still need practical protection as cyberattacks rise. Uber exit ripple: Uber’s Nigeria shutdown is pushing SMEs to switch to other delivery options as logistics costs and reliability become even more critical. Digital infrastructure bet: WIOCC secured $300m to expand data centres, fibre and subsea connectivity—aimed at closing Africa’s internet gap that limits SME growth.

Fuel-price pressure in South Africa: COSATU is urging temporary fuel-levy relief after another sharp petrol and diesel hike, warning repeated shocks are squeezing workers and commuters and calling for Road Accident Fund reforms plus targeted support. Agribusiness education boost in Nigeria: Uniport-linked TAGDev 2.0 (with RUFORUM and the Mastercard Foundation) is expanding scholarships and farmer community engagement to strengthen agricultural training and reduce export rejections. East Africa banking race: Standard Bank says it wants to grow in Kenya and the region mainly through organic expansion, even as rivals deepen local stakes. Kenya hawker crackdown: President Ruto orders foreign-run small retail and hawking to close from Sept. 7, pushing local-content rules that reserve low-capital activities for Kenyans. Digital sovereignty push: Nigeria’s NIMC calls for homegrown expertise in cryptography, cybersecurity and digital trust to secure Africa’s digital economy. Fintech trust fight: OPay sues people spreading viral claims about a Nigeria shutdown, citing CBN classification of the rumours as fake news. SME export enabler: ARSO adopts the African Mark of Quality to let certified MSMEs export across Africa with fewer repeated tests. AI for small trade finance: New AI invoice-reading tools aim to restart affordable short-term trade lending for small exporters. WhatsApp cost shock for business: Meta’s new WhatsApp messaging charges are set to raise operating costs for African SMEs.

Kenya Hawker Crackdown: President William Ruto ordered authorities to shut down small businesses run by foreign nationals from Sept. 7, saying hawking and small retail should be reserved for Kenyans, with a Local Content Bill in Parliament proposing limits on what foreigners can do and targets for Kenyan staffing and local sourcing. SME Funding Push (South Africa): NSBC Africa and TransUnion Africa launched Access to Finance™ to help SMEs understand funding needs and match with aligned funders at The Business Show: Africa 2026 in Johannesburg. Social Finance for Inclusion (Africa): JUMO and Standard Bank unveiled a Social Finance Framework to scale social loans and bonds via JUMO’s platform, targeting underserved individuals, microenterprises and SMEs across nine markets. WhatsApp Business Costs (Tanzania): Meta’s new charges for certain business messages via WhatsApp Business Platform/API will start Oct. 1, raising concerns for SMEs that rely on WhatsApp for customer support and sales. Power for Small Businesses (CAR): A 50MW solar plant with 15MWh storage in Sakai, Central African Republic, is set to boost generation capacity by 60% and supply power to 300,000 households. Digital Trust for Jobs (Nigeria): Senate and NITDA backed Sky ID, a telecom-led identity platform aimed at strengthening business trust, formalising the informal sector and supporting youth job creation. Inland Connectivity (East Africa): Seacom’s Digital Infrastructure chief argues that Africa’s digital future depends on resilience beyond submarine cables, since outages can quickly disrupt payments and inventory for small retailers.