AGP Executive Report
Last update: 4 hours agoHousing Finance (Nigeria): Nigeria’s Federal Mortgage Bank of Nigeria (FMBN) says eligible NHF contributors can access up to N50m for home purchase, construction, improvement or renovation under the NHF Mortgage Loan scheme, with an interest rate capped at 6% and repayment up to 30 years—applications must go through accredited mortgage banks and require at least six months of NHF contributions. Urban Infrastructure Oversight (South Africa): NCOP MPs will travel province-to-province to inspect infrastructure delivery, including housing projects and water works like the Umkomaas Water Project, as local election-year performance comes under scrutiny. Informal Settlements Upgrade (Kenya): Kenya’s Housing and Urban Development State Department will commission an independent review of KISIP2 to assess value for money and beneficiary outcomes for World Bank/AFD-funded informal settlement improvements. Roads & Procurement (Kenya): Kenya Roads Board opens supplier/contractor registration for 2026/27 and 2027/28 with a submission deadline of Sept 8, while a separate Economic Survey highlights how uneven paving is, with Mandera at zero paved rural roads. Regional Integration (SADC): South Africa’s Ramaphosa takes over the SADC chair and pushes members to turn commitments into trade, investment and industrialisation. Energy & Real Estate Link (South Africa): Proconics partners with Energy Dome to bring up to 18-hour CO2 storage, aiming to help businesses meet night-time power needs—an issue for property and facilities planning. Security & Property Risk (Nigeria): Flooding in Abuja’s Guzape, Katampe and Lugbe is damaging homes and property, with residents calling for faster emergency response and better drainage protection.
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.