AGP Executive Report
Last update: 41 minutes agoForex & Currency Watch: Kenya’s foreign exchange reserves fell by about $165m (KSh 21bn) in the week to Sept 17, but the shilling stayed broadly stable across EAC peers, gaining 2.86% versus Uganda’s shilling. Regional Insurance Reform: East Africa’s insurance regulators agreed to standardise supervision templates and build a shared supervisory software to compare insurers across borders. Banking Finance: CRDB Bank secured a $300m syndicated term loan after lenders committed nearly five times the initial $150m target, extending tenors and diversifying funding. EAC Trade Momentum: EAC trade rose 37% to $52.3bn in Q2 2026, swinging to a $300m surplus as mineral exports surged. Logistics Costs: East African shippers warned that fuel, border delays and empty-truck returns are driving up and destabilising cargo costs, threatening competitiveness. Energy Reliability Gap: A new look at Africa’s power challenge highlights that grid access is not the same as reliable, affordable electricity for households and businesses. Burundi Education Pressure: Boarding schools in Burunga face bed, teacher and funding shortages as the 2026–2027 school year starts. Burundi–Kenya Trader Tensions: Burundi civil society urged the AU to intervene over Kenya’s restrictions on foreign traders, warning of rising xenophobia risks for Burundians. Human Rights Spotlight: Iteka League released a report alleging thousands of rights violations during Ndayishimiye’s six years in power.
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