AGP Executive Report
Last update: 12 hours agoDigital Payments Oversight: COBAC is scrutinizing how customer funds move through mobile money intermediaries in Malabo, including whether funds pass through provider/aggregator accounts, while signaling no immediate new rules. Minimum Wage Pressure: Nigerian opposition leader Atiku Abubakar argues the N70,000 minimum wage can’t restore purchasing power after petrol subsidy removal, saying it buys only about 50 litres of fuel and comparing wage value with oil-producing peers including Equatorial Guinea. Regional Trade & Diplomacy: The Alamein Africa Forum (Oct 2–4) will run alongside AU coordination meetings, with Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo listed among expected heads of state and major finance and telecom leaders. Energy Deal-Making: Ahead of African Energy Week (Oct 12–16) in Cape Town, organizers push for investment-ready projects to tackle energy poverty and speed up oil, gas and infrastructure development. Agriculture & Budget Accountability: Nigeria’s SWOFON renews calls for stronger agricultural funding and implementation, highlighting women farmers’ gains in savings and land access while noting agriculture spending still falls short of the 10% benchmark.
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