AGP Executive Report
Last update: 6 hours agoCybersecurity: Interpol warns AI is powering an “industrialised” wave of cybercrime across Africa, with faster, more scalable fraud and ransomware hitting banks, healthcare and public portals. Copper & elections: Zambia’s miners are pushing the next government to boost exploration, processing incentives and power generation to help triple copper output, while export duties on concentrates keep squeezing producers without refining capacity. Monetary policy: The Bank of Zambia cut the statutory reserve ratio on Kwacha deposits from 26% to 21%, freeing more liquidity for lending. Education funding: HELSB has started paying a K1,950 accommodation top-up for eligible off-campus UNZA students after the allowance was raised. Capital markets: SEC approved Magen Doxa Umerim Capital to operate as a fund and portfolio manager in Nigeria, expanding regulated investment services. Agriculture & food security: UN data shows global hunger is falling, but Africa still lags with 20% of people food insecure in 2025. Business investment: ZDA says King’s Chemicals’ US$14m flour milling plant is underway, and government has operationalised the US$1m Samfya aquaculture park to produce fingerlings and support fish farming. Mining governance: Parliament’s speaker ordered suspension of operations at Kangankunde rare earth mine after concerns over licence scale.
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.
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