AGP Executive Report
Last update: 12 hours agoSouth Africa’s Economy: Tongaat Hulett will leave the Johannesburg Stock Exchange on Nov. 3 after years in financial distress; shareholders will receive no payment and are expected to lose their investment. Anti-Migrant Unrest: South Africa has withdrawn its asylum directive after protests turned violent, with at least 24 vehicles torched. Nigeria says it has evacuated another 111 citizens, as reports of Nigerians fleeing the unrest continue to grow. Horn of Africa: Ethiopian forces have entered Adigrat near the Eritrean border, while Eritrea urges UN intervention, raising fears of a wider conflict. Rights and Sport: Human Rights Watch says Senegal’s crackdown on LGBTQ+ people violates rights and raises concerns ahead of Dakar’s Youth Olympic Games, opening Oct. 31. African Finance: The African Union has launched its own credit rating agency, aiming to provide independent assessments and address concerns that ratings can raise borrowing costs. Nigeria-based fintech OPay has also filed for a proposed US IPO, reporting sharply higher revenue and profit in the first half of 2026. Culture: Nigerian singer Ayra Starr became the first African artist to headline an NFL halftime show, performing in London.
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