AGP Executive Report

Last update: 6 minutes ago

Unilever Nigeria Results: Unilever Nigeria reported H1 2026 revenue of ₦119.9bn (+22%) and approved an interim dividend of ₦2.00k per 50k share (total ₦11.5bn), despite pressure from input costs and softer consumer spending. Electricity Tariff Clarity: Nigeria’s power adviser says there’s no planned tariff hike for electricity consumers across bands, while critics allege DisCos and government want subsidy removal to “share proceeds,” keeping the consumer impact debate hot. US Forced-Labour Tariffs: The US imposed a 12.5% tariff on Nigeria and seven other African countries over forced-labour claims, raising export-risk concerns for manufacturers and traders. Digital Connectivity Push: ATU members adopted the Abuja Declaration to cut internet and smartphone costs via technology-neutral regulation, better spectrum/fibre access, consumer protection, and inclusion. Ethiopia Horticulture Exports: Ethiopia earned $490m from horticultural exports in 2025/26 and targets $575m in 2026/27, with flowers leading. Kenya Retail & Dining: Artcaffé plans new outlets in Eldoret and Mombasa as middle-class dining demand grows. Kenya Consumer Promotion: Nestlé Nigeria launched MILO’s nationwide Text & Win campaign for over 2m consumers, running July–September 2026. Conservation & Wildlife: An orphaned rhino calf in South Africa is receiving specialised care after poachers killed her mother. Morocco Natural Resources: A Sahrawi official says protecting natural resources is key to challenging Morocco’s economic control in Western Sahara. Ethiopia Weather Tech: Ethiopia and China are deepening AI-enabled meteorology and early-warning systems to improve disaster response.

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.

AGP Wire

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Jul. 23, 2026

Africa’s IoT growth hinges on uptime, industry insider warns

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Jul. 23, 2026

BASF South Africa unveils STEM legacy project for 60th anniversary

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Evolving Systems deploys Smart Dealer for African telecom operator

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Jul. 23, 2026

Queue Associates launches Africa unit in Nairobi

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Jul. 24, 2026

Travel tips for planning Africa vacations, safaris and Kilimanjaro treks

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Jul. 23, 2026

Trade, Industry and Competition on Feira Internacional de Angola 2026

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Jul. 23, 2026

Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Research Reveals Path To $98.13 Bn By 2030

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Jul. 23, 2026

BASF South Africa marks 60 years in the country by unveiling STEM education legacy project

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Jul. 23, 2026

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