AGP Executive Report
Last update: 11 hours agoAgriculture: The federal government has formed a committee to expand year-round and dry-season farming, lift wheat and staple-crop production, and strengthen livestock development. Energy Investment: Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company for about $327 million, expanding his regional fuel-distribution interests as he plans a refinery in Kenya. Digital Finance: MTN Nigeria says fintechs may face a bigger challenge than banks in meeting the CBN’s January 2027 deadline to store payment data locally, as many rely on overseas infrastructure. Startups: Nigerian companies raised $635 million in the first nine months of 2026, reclaiming Africa’s startup-funding lead and more than doubling last year’s comparable total. Food Supply Chains: Nigeria needs cold storage for an estimated 11 million tonnes of perishable produce but has less than 20,000 tonnes of long-term capacity, while short-term financing hampers investment.
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