AGP Executive Report
Last update: 3 hours agoBCEAO Digital Payments Push: The BCEAO is preparing a six-month PAPSS pilot in WAEMU, expected to involve 80+ commercial banks, aiming to speed up cross-border payments and cut reliance on non-African payment channels. Togo Inflation Watch: Togo’s annual inflation held at 0.1% in June, while monthly prices rose 1.2%, driven mainly by seasonal food increases and higher fuel and transport costs. Banking Goes Mobile in Togo: BCP group subsidiaries, including Banque Atlantique Togo, are rolling out app features like fully online account opening and stronger transaction authentication to expand access and compete with mobile money. Regional Energy Deal: ECOWAS backed the Nigeria–Morocco gas pipeline, a $25bn project expected to run through 13 countries including Benin, Togo and Ghana, with construction targeted from 2028. ECOWAS Appointments: ECOWAS approved new leadership for 2026–2030, including Togo’s Yaouza Ouro-Sama as an ECOWAS Court judge and Ghana’s Amin Suleiman as Commissioner for Infrastructure, Energy and Digitalisation. Togo Security Claim: Togo opposition alleges hundreds of Russian and Turkish private military personnel in the north, urging transparency. Education Scam Crackdown (Region): Nigeria’s NSCDC says it dismantled a fake university in Lagos and rescued 106 youths, highlighting cross-border fraud risks.
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