AGP Executive Report
Last update: 3 hours agoCEMAC Debt Watch: CEMAC governments stepped up borrowing on the regional securities market in July, with outstanding debt rising 3.34% to CFA10.56 trillion even as average costs edged up to 8.53% (from 8.29%). Regional Finance: BEAC data shows longer-term Treasury bonds dominated the stock (OTAs at 81.3%), while investor participation improved, with primary dealer participation climbing to 22.05% and subscriptions reaching 76.23%. Local Business & Jobs: VFD Microfinance Bank appointed Nonso Kenneth Okoye, a former Standard Chartered executive, as managing director to drive its next growth phase, including scaling its digital banking platform for individuals and small businesses. Trade & Mobility: A new Remitly study found Equatorial Guinea leads Africa on remote job listings (98.5%), while South Africa ranks lowest (17.6%), highlighting uneven digital labor demand across the region. Deportation Flows: Five U.S. deportees were rerouted to Equatorial Guinea after they refused to disembark in Liberia, underscoring how African states are increasingly used in U.S. immigration enforcement logistics.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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