AGP Executive Report
Last update: 9 hours agoBanking Spotlight: KCB has regained East Africa’s top spot by assets, growing total assets 16.8% to KSh2.299trn by June, with deposits up 15.1% and gross non-performing loans down by KSh17.3bn, alongside a 20.8% rise in net profit to KSh49.3bn. Regional Trade & Security: Kenyan truckers are grounding cargo to the DRC after killings of drivers on the Beni-Kisangani route, threatening Northern Corridor flows from Mombasa. Standards & Consumer Protection: Rwanda FDA’s suspension of five Kenyan alcohol brands has been cleared by KEBS after fresh tests, including gin products from London Distillers and Kenya Breweries. Ebola Watch: WHO says Congo’s Ebola outbreak is accelerating fast, already above 2,000 deaths, with fears it could surpass the 2014-16 West Africa toll. Digital & Policy: The EAC is launching an AI innovation programme to tackle ebola detection and response, while Rwanda’s Planet Labs partnership expands national satellite data use. Climate Risk: Africa braces for a possible super El Niño, raising concerns for extreme weather and food security.
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.