AGP Executive Report
Last update: 37 minutes agoEAC Insurance Push: East African insurance regulators (including Burundi) agreed on a harmonised assessment template for the sector, aiming for more consistent supervision, stronger consumer protection and easier cross-border compliance, with further peer reviews planned for December 2026. EAC Trade Momentum: The EAC reported trade up 37% to $52.3bn in Q2 2026, swinging to a $300m surplus as exports rose faster than imports, though mineral exports still dominate. Banking Finance: CRDB Bank in Tanzania secured a $300m syndicated term loan after lenders committed far above the target, extending maturities and broadening funding sources. Burundi Education Strain: Boarding schools in Burunga province are struggling with shortages of beds, teachers, supplies and funding as the 2026-2027 school year starts. Urban Transport Pressure in Bujumbura: “canga canga” shared taxi drivers in Bujumbura denounced extortion linked to fuel shortages and police crackdowns on informal passenger transport. Human Rights Watch: Iteka League says it documented thousands of rights violations over Évariste Ndayishimiye’s six years, while authorities dispute the figures. Regional Business & Energy: East Africa faces high logistics costs and unreliable electricity as key threats to trade and competitiveness, while Rwanda’s Ampersand promotes quick battery swaps for motorcycle riders.
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