AGP Executive Report
Last update: 5 hours agoUPI Expansion: India’s UPI hit an all-time high of 24.51 billion transactions in August (₹29.82 lakh crore), with festive Raksha Bandhan driving the surge. Cross-Border Payments: NPCI International and Uzbekistan’s HUMO will let Indian travellers pay merchants across Uzbekistan by scanning UZQR via UPI-enabled apps, after regulator approvals. Retail & QSR Moves: Shoprite agreed to buy Vida e Caffè (400 stores across Africa) to deepen its coffee and quick-service restaurant push, with the deal expected to take effect in Shoprite’s 2027 year. Mauritian Energy Branding: Bhunjun Group’s BOTL unveiled “Fillin,” rebranding Engen’s 37 service stations into a fully local network after regulatory scrutiny. Cyber Risk for Consumers: Hungry Lion says customer credentials were exposed for months, with researchers linking compromised accounts to its online portals. Maritime Security: Kenya intercepted a small unregistered vessel carrying over a metric ton of methamphetamine, highlighting how small craft enable sea crimes. Electricity Cost Pressure (Africa): Nigeria’s electricity subsidy obligation rose to N1.928trn in 2025, while unpaid/lost power reached N1.36trn. Travel Demand: Emirates will add Premium Economy on Mauritius–Dubai flights from 1 September, boosting comfort for long-haul travellers.
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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