AGP Executive Report
Last update: an hour agoFinance: The African Union has launched its own credit rating agency in Mauritius, seeking to challenge assessments it says inflate borrowing costs; the UN estimates unfair ratings cost African countries $74.5 billion a year. Airtel Money’s London IPO, valued at £5.3 billion, also spotlights investor appetite for African fintech. Growth and Trade: The World Bank raised its 2026 growth forecast for sub-Saharan Africa to 4.3%. Ecobank is working to ease China-Africa trade with financing and faster cross-border payments. Climate: Kigali hosts a carbon markets summit next week, bringing together investors and officials from 24 African countries to explore funding for climate projects. Security: AFRICOM warns that Houthi representatives may be operating in northern Somalia alongside al-Shabab, raising concerns about threats to shipping and regional forces. Women’s Football: Nigeria’s Super Falcons beat Comoros 2-0 and Banyana Banyana thrashed Madagascar 4-0 in their opening Olympic qualifiers. CAF is also reviewing its decision to hold AFCON every four years.
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