Good Morning Africa: Recent Episodes
TheKFinancial
Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.
Innovation is the driving force behind all progress; as the saying goes, you either evolve or become obsolete. Agroecology, like every other discipline, is undergoing transformation. We will challenge CEOs and policy leaders to share their perspectives on how innovation is shaping the future.
Are funders in the agroecology sector effectively communicating within the capital markets to secure the necessary funding?
We’ll also explore the progress of policy development across the continent and what this means for the thriving agroecology community.
Certification is an essential part of good business practices, and in agroecology, it is even more crucial. It serves as your identifier, validating everything you say and do as an Agroecological Extension Expert (AEE).
In this episode, we discuss certification and the importance of leveling the playing field between AEEs and other agricultural setups.
Joachim Ewechu, Co-Founder & CEO of SHONA Group, Fabio Leippert, Co-Head of Policy & Advocacy at Biovision, and Herbert Thuo, CEO & Founder of ANSA Africa, delve deep to provide insightful answers.
In this episode, we bring you a thought-provoking discussion on agroecology. What do you know about agroecology? Is it just a passing trend, or is it here to stay? We have assembled a roundtable of CEOs and top experts to break down the concept.
Joining us are: - Joachim Ewechu, Co-Founder & CEO of SHONA Group - Ivan Mandela, CFA, CEO & Co-Founder of SHONA Capital - Lucy Asiimwe, Programs Manager at AfriFood Founders, SHONA Group - Fabio Leippert, Co-Head of Policy & Advocacy at Biovision - Francis Shivonje, Country Coordinator at Biovision - Herbert Thuo, CEO & Founder of ANSA Africa
We will start by exploring the fundamentals of agroecology and the components that make up an agroecological enterprise.
🎙️Economist Razia Khan urges Africa to look inward and tap local markets for sustainable growth.
🎙️Gold hits a record $3,660 as Fed rate cut bets strengthen.
🎙️JSE breaks new highs, boosted by Anglo American’s $20B Teck takeover.
🎙️Africa loses $12.7B annually to disaster-related infrastructure damage.
🎙️South Africa posts strongest quarterly growth since 2023 at 0.8%.
🎙️Civic groups push harder for debt cancellation across Africa.
🎙️African leaders at Addis summit demand more climate investment.
🎙️Oil prices climb as OPEC+ opts for smaller output hike.
🎙️Nigerian businesses struggle under soaring loan interest rates.
🎙️Rwanda set to tax Netflix and Amazon starting 2026.
🎙️High handset costs remain the biggest barrier to Africa’s internet access.
🎙️AfDB’s Kevin Kariuki on blended finance and mobilising private capital for Africa’s energy transition.
🎙️Nairobi Securities Exchange records strongest year since 2008 on foreign inflows and index gains.
🎙️Global food prices hit 18-month high as vegetable oils surge, FAO reports.
🎙️Tanzanian fintech NALA enters Kenyan remittance market via Equity Bank and Pesalink.
🎙️South Africa’s forex reserves climb to record $70.4B in August 2025.
🎙️Meet the CEO: Meet Nakayiza founder and CEO of Pzazrio Naturals.
🎙️Mozambique’s economy contracts 0.9% in Q2 2025, extending its recession.
🎙️Uganda’s Business Tendency Index drops to 57.2 in August, lowest since October 2024.
🎙️Ransomware is on the rise — why Africa’s education sector is a prime target.
🎙️South Africa’s business confidence index dips to 39 in Q3 2025, weighed down by US tariffs.
🎙️UN: Rising food costs hitting African nations harder than most regions.
🎙️Angola’s economic growth slows to 1.1% in Q2 2025, dragged by weaker momentum.
🎙️Egypt’s PMI slips to 49.2 in August, marking a sixth month of contraction.
🎙️Dr. Sidi Ould Tah sworn in as 9th President of the African Development Bank, succeeding Akinwumi Adesina.
🎙️Airtel Africa and Vodacom ink infrastructure-sharing deal across Mozambique, Tanzania, and DRC to boost connectivity.
🎙️Nigerian agritech Babban Gona secures $7.5M debt funding from BII to support smallholder farmers.
🎙️Japan Credit Rating Agency reaffirms Afreximbank’s A- rating with stable outlook.
🎙️South Africa’s factory activity slips back into contraction as PMI drops below 50.
🎙️Nigeria’s PMI hits 54.2 in August, marking strongest business growth since April 2025.
🎙️Gold soars past $3,470 on tariff turmoil and Fed rate-cut bets.
🎙️Egypt’s GDP accelerates to 4.5%, lifted by IMF-backed reforms and UAE investment.
🎙️Ethiopia teams up with Dangote in $2.5B push to become a global fertilizer giant.
🎙️Nigeria halts shea nut exports to turn raw supply into a $300M local industry.
🎙️Japan’s Uncovered & Monex unveil $20M fund backing African and Middle East startups.
🎙️South Africa posts ZAR 20.3B trade surplus as imports surge.
🎙️Meet the CEO: Meet Pamela Kabahesi Country Programs Lead at BrighterMonday Uganda.
🎙️Egypt’s central bank cuts deposit rate 200bps to 22% as inflation eases to 13.9%.
🎙️AfDB Senior VP Marie-Laure Akin-Olugbade unpacks Africa Development Effectiveness Report 2025.
🎙️INTERPOL’s Serengeti 2.0 nets 1,209 cybercrime suspects, $97M in seized funds.
🎙️Nigeria ransom economy surges 144% as families pay ₦2.56B to kidnappers.
🎙️Zipline urges Kenya to adopt national supply chain framework for health access.
🎙️South Africa opens freight rail to private firms after Transnet inefficiencies.
🎙️Algeria joins PAPSS, expanding cross-border payment system to 18 African countries.
🎙️Iron ore prices rebound as Rio Tinto halts Guinea’s Simandou project after worker death.
🎙️Kenya weighs Safaricom split into telecom, towers, and M-Pesa units, eyes stake sale.
🎙️African startups raise $2B in 2025, on track to beat last year.
StanChart’s Kirsten Wilkinson on AI, cyber 🎙️risks & mentorship.
🎙️Cell C moves closer to JSE listing after acquisition approval.
🎙️Abu Dhabi’s Space42 plans Africa expansion to rival Starlink.
🎙️Japan commits $5.5B in loans and infrastructure support to Africa.
🎙️Standard Chartered Africa Chief Risk Officer Kirsten Wilkins on Risk Discipline for Startups
🎙️Mauritius Trade Deficit Widens to $19.1B in June, Largest This Year.
🎙️Tunisia’s Economy Accelerates, GDP Grows 3.2% in Q2 2025.
🎙️Bitcoin Retreats to $115,000 as Strong US Data Tempers Fed Cut Bets.
🎙️Inside Africa’s Food Delivery Boom: Growth, Profitability, and the Power of Localization.
🎙️Nedbank Exits Ecobank with $100M Stake Sale to Cameroonian Investor Alain Nkontchou.
🎙️AfDB Commits $40M to Africa’s Green Infrastructure Fund, Pushing Total to $118M.
🎙️Ghana Slaps Multichoice with $900 Daily Fine over DSTV Pricing Data Dispute.
🎙️Ethiopia Tightens Ban on Sinotruk “Red Terror” Imports, Citing Safety and Fake Paperwork.
🎙️Why Africa Has So Few Startup Exits—and How to Fix the System.
🎙️Flutterwave’s Cross-Border Push Surges, Nearing $1B in East Asia Flows and Adding 20 U.S. Licenses.
🎙️WTO and ITC Launch $50M Fund for Women Exporters; Nigeria Named Among Four Pilot Countries.
🎙️Nigeria Inflation Eases to 21.8% in July, Core Cools but Food Pressures Persist.
🎙️Meet The Ceo: Meet Ivy Maingi, Glovo Uganda Country manager.
🎙️Bitcoin Hits Record $123K on Institutional Demand and Fed Cut Bets
🎙️Zambia Holds Rates at 14.5% as Inflation Eases to 13%.
🎙️Namibia Keeps Rates Steady to Protect Rand Peg and Support Growth.
🎙️Evergrande to Be Delisted from Hong Kong Exchange on August 25.
🎙️South Africa’s Unemployment Climbs to 33.2%, Highest in a Year.
🎙️Breaking Down Stablecoins: The Fast, Low-Cost Digital Dollars Moving Across Africa.
🎙️Kenya Cuts Interest Rates for the Seventh Time as Inflation Stays in Target Range.
🎙️AI and Cloud Computing Top Priorities for African Banks Seeking Efficiency.
🎙️AfDB to Help Raise $7.8B for Africa’s Largest Airport in Ethiopia.
🎙️Meet the CEO: Meet Stone Atwine,Founder and CEO of Eversend.
🎙️Africa’s Startup Funding Rebounds with $1.4B Raised in H1 2025, Led by Fintech and Climate-Focused Ventures.
🎙️Prof. Henry Kerali Explores How Smart Regulation Can Unify Africa’s Energy and Telecom Sectors.
🎙️US Imposes $15,000 Visa Bonds on Some Malawi and Zambia Applicants in Bid to Curb Overstays.
🎙️Shoprite Exits Ghana and Malawi as It Sharpens Focus on South Africa.
🎙️Orange to Deploy OpenAI Models to Translate African Languages.
🎙️COMESA Sees Record Mergers in 2024, Led by Financial Sector.
🎙️EABL Profit Rises 12% to KSh 12.2B, Warns on Illicit Alcohol Surge.
🎙️Tanzania’s Instant Payments Double to $11.6B in 2024.
🎙️Africa Receives $100B in Remittances – Eversend CEO on Intra-Africa Flows.
🎙️Vivo Energy and UNOC Sign Landmark Deal to Develop Uganda’s LPG Infrastructure.
🎙️Uganda Overtakes Africa’s Coffee Export Market as Earnings Nearly Double to $2.2B.
🎙️Sub-Saharan Africa’s Perceived Wellbeing Rises, but Still Lags Behind Global Peers – Gallup.
🎙️Court Blocks Sale of 54Gene’s Assets Amid Legal Battle with Top Investors.
🎙️Uganda’s Capital Markets Authority Launches Regulatory Sandbox and Tightens Oversight
🎙️Google Commits $37M to Boost Africa’s AI and Fintech Innovation
🎙️South Africa and China Advance AI Cooperation Deal to Power Key Sectors
🎙️Meet the CEO: Yosuke Kaneko CEO of Sora Technology on Expanding Across 15+ African Countries.
🎙️Visa Launches First African Data Centre to Tap Into Digital Payment Boom.
🎙️AfriLabs Supports 280,000+ Entrepreneurs as Africa’s Tech Scene Scales Up.
🎙️Uganda’s Stock Market Surges in H1 2025 — CEO Paul Bwiso Breaks It Down.
🎙️Ethio Telecom’s Annual Pretax Profit Surges Over 80% to $550 Million.
🎙️Africa’s E-Sports Market Valued at $66 Million and Growing Fast.
🎙️Tanzania Bans Foreigners from 15 Local Business Sectors in New Directive.
🎙️East Africa’s Top 20 Index Attracts Foreign Investors, Boosts Market Liquidity.
🎙️Ghana Set to Regulate Crypto Platforms in Bid to Formalize $3B Market.
🎙️Experts Warn African Universities Risk Falling Behind on AI Adoption.
🎙️Remittances to Africa Hit $100B as Tech and Digital Literacy Drive Growth.
- MTN Uganda Restructures Mobile Money Unit Under New Fintech Entity
- Airtel Africa Posts Over 400% Surge in Profit to $156 Million in Q1 2026
- Ethio Telecom’s Annual Pretax Profit Jumps 80% to $550 Million
- Liberia Launches Africa’s First Youth Entrepreneurship Investment Bank Backed by AfDB
- Ethiopia Releases First T-Bill Calendar to Raise 117 Billion Birr in Q3 FY 2024/25
- Africa Tops China’s Belt and Road Investment List with $39 Billion in H1 2025
- World Bank Flags Expensive Mobile Data as Major Barrier to Africa’s Digital Future
- AfDB’s Akinwumi Adesina Says Liberia’s Youth Bank Signals a New Economic Era
🎙️Meet the CEO: Dodai’s Hilina Legesse on Pioneering Ethiopia’s E-Mobility Revolution.
🎙️Canal+ Completes $3B MultiChoice Takeover - Reshaping Africa’s Pay-TV Landscape.
🎙️Japan’s SORA Tech Expands to Nigeria - AI Drones to Combat Malaria in Africa.
🎙️MTN Uganda Shareholders Approve MoMo Fintech Spin-Off.
🎙️Safaricom Adds PayPal Withdrawals to M-PESA Super App.
🎙️Microsoft Warns of China-Linked Hacks Targeting SharePoint Vulnerability.
🎙️MoneyBadger Raises $400K to Scale Crypto Payments in South Africa.
🎙️Kenya’s Freelancers Set to Benefit from New M-PESA–PayPal Integration.
🎙️AfDB’s Kevin Urama Pushes for AfCFTA Enforcement and Mineral Sovereignty in New Outlook Report.
🎙️Flutterwave Secures License to Launch Operations in Senegal.
🎙️Africa’s Four Richest Men Hold More Wealth Than Half the Continent’s Population.
🎙️IMF Pressures Ethiopia to Lift Currency Controls on Capital Transactions.
🎙️Klaus Schwab Under Investigation for Manipulating Economic Rankings and Expenses.
🎙️Hilina Legesse Talks E-Mobility Challenges and Electric Motorcycles in Africa.
🎙️Ghana Central Bank Skips Decision After Emergency Rate Meeting.
🎙️Kenya’s Public Debt Hits Record KSh 11.51 Trillion in May 2025.
🎙️Ethiopia Ratifies Landmark Startup Law After Five Years of Debate.
🎙️Ugandan Leaders Urged to Prioritize Health in Policy Debate.
🎙️Côte d’Ivoire Taps Samurai Market with $336M Yen Bond to Diversify Funding.
🎙️Zimbabwe’s Mining Sector Contracts in Q1 Despite Gold Price Surge.
🎙️Adidas Opens Flagship Lagos Store, Betting on Nigeria’s Luxury Market.
🎙️500 Global Commits $300M to Tackle Emerging Market Challenges, Eyes Africa.
🎙️AfDB Flags Africa’s Tax System Gaps, Calls for Smarter Domestic Resource Mobilisation.
🎙️Algeria’s Oil Output Rises Again, but Falling Prices Could Undercut Gains.
🎙️London Promises to Fix Cross-Border Banking Hurdles for Nigerian Startups.
🎙️Wabeh Suspends BNPL Services Amid Rising Defaults and Cash Strain.
🎙️Village Capital Launches $4M Fund to Support Africa’s Startup Enablers.
🎙️ AfDB’s VP Prof Kevin Urama Unpacks Africa’s Debt Crisis and Falling FDI in New Outlook Report.
🎙️Nigeria’s Inflation Rate Falls to 22.22% in June 2025.
🎙️Global Findex: Formal Savings in Developing Economies Hit Record 40%.
🎙️Village Capital Launches $4M Fund Backing Startups in Ghana, Nigeria, and Tanzania.
Uganda’s Economy Grows by 6.9% in Q3 FY2024/25
Uganda’s Export Earnings Rise 39.1% in Q3, Trade Deficit Narrows
Meta Removes 500,000 Spam Accounts and 10 Million Fake Profiles
Kenya Scraps Visa Requirements for Most African and Caribbean Nations
Ethiopia Hikes AI Budget 42%, Boosting Institute Reporting Directly to PM Abiy.
Angola’s Inflation Drops to 19.73% — Lowest Since 2023.
Mozambique Enters Technical Recession as Economy Shrinks 3.9% in Q1 2025.
🎙️Egypt's Inflation Cools Sharply to 14.9% — First Drop Since May 2024.
🎙️Global Trade Grows, But Developing Countries Like Nigeria Are Being Left Behind.
🎙️South Africa’s Stitch Takes Full Control of Card Payments With Efficacy Deal.
🎙️Africa’s Film Industry Eyes $20B Boom With New Finance Forum Push.
🎙️Ghana’s Finance Minister Thomas Nyarko Ampem Outlines Steps to Avoid Return to Junk Credit Ratings.
🎙️Tanzania’s Inflation Rises to 3.3% in June, Highest in Three Months.
🎙️Ghana’s Liquify Raises $1.5 Million Seed Round to Tackle Africa’s Trade-Finance Gap.
🎙️Trump Slaps 25–40% Tariffs on Imports from 14 Countries, Including South Africa and Japan.
🎙️South Africa’s Foreign Reserves Hit Record $68.415 Billion in June 2025.
🎙️Tunisia’s Inflation Holds at 5.4% in June, Lowest Since May 2021.
🎙️Ethiopia Secures $1 Billion World Bank Deal for Economic Reforms.
🎙️Uganda’s Zembo Gets $1 Million Loan from FMO for Battery Expansion.
🎙️African Startups Rebound with $1.4B Raised in H1 2025.
🎙️Israel-Iran Conflict Raises Oil Price Fears for Africa.
🎙️AfDB Eyes Partnerships with Asia for Critical Mineral Processing.
🎙️Ethiopia Completes Mega Dam on the Blue Nile.
🎙️MTN Mobile Money CEO on Driving Financial Inclusion and SME Growth in Uganda.
🎙️Kenya’s PMI Dips to 48.6% as Economic Contraction Continues.
🎙️Kenya’s Economy Grows 4.9% in Q1 2025, Boosted by Strong Agriculture Sector.
🎙️Nigeria's New Tax Legislation: Expert Analysis on SME Impacts and Consequences.
🎙️Moody's Downgrades Afreximbank Credit Rating, Citing Sovereign Lending Risks.
🎙️African Air Travel Taxes Average $68 - Double Other Global Regions.
🎙️Microsoft Implements Second Round of Layoffs, Cutting 9,000 Positions.
🎙️South Africa Seeks Deadline Extension for US Trade Deal Negotiations.
🎙️Starlink Announces $130 Million Investment for African Internet Expansion.
🎙️Assessing AI's Impact on Global Financial Stability: Insights from IMF Experts.
🎙️AfDB Approves $500,000 Grant for Rwanda's Innovative Cable Car Project.
🎙️Senegal's Economy Achieves Record 12.1% Growth in First Quarter 2025.
🎙️JSE Index Surpasses 97,000 Mark, Reaching New All-Time High.
🎙️Multinational Exodus from Nigeria: Tax Policy Analyst Usman Shamaki Weighs In.
🎙️Kenya's Inflation Holds Steady at 3.8%.
🎙️Morocco's Q1 Growth Reaches 4.8%, Highest Since 2021.
🎙️Egypt's Economy Grows 4.7%, Fastest Pace in Three Years.
Nigeria's Tax Reform Legislation: Policy Analyst Usman Shemaki Examines the Four New Laws.
Nigeria's Buy-Now-Pay-Later Sector Projected to Grow 83%, Reaching $2.6 Billion by 2030.
Dr. George Elombi Appointed as Board Chair of Afreximbank.
🎙️China vs. Uganda’s Tax Policies - Economist Dr. Fred Muhumuza Compares Strategies.
🎙️Cocoa Prices Hit $8.7K/Ton - Nigeria Bets Big Amid US Tariff Boom.
🎙️Afreximbank’s Leadership Shakeup - New President to Address Credit Downgrade.
🎙️World Bank’s $1.5B Loan for SA - Can It Fix Transport & Carbon Woes?
🎙️Public-Private Telecom Partnerships - MTN Uganda CEO Sylvia Mulinge on Financial Inclusion.
🎙️Morocco Holds Rates at 2.25% - Central Bank Bets on Economic Recovery.
🎙️US Visa Bans & African Aviation - IATA Says Impact Will Be Minimal.
🎙️Ghana’s Credit Upgrade - From ‘Restricted Default’ to Stable Outlook.
🎙️Why Poverty Persists - Economist Dr. Fred Muhumuza on Tax Collection Challenges.
🎙️Uganda’s Umeme Loses 25% After Concession Ends.
🎙️Cybercrime Rising in Africa - Interpol Report.
🎙️Kenya Cuts Betting Tax from 15% to 5%.
🎙️The Smoking Paradox - PMI's Dr. Clement Diaga on Africa's 1 Billion Smokers.
🎙️Powering 300M Africans - World Bank & AfDB's 'Mission 300' Takes Off.
🎙️Tanzania's $230M Lake Victoria Bridge - A Trade Game-Changer?
🎙️Hilton & Marriott Double Down - Africa's Hospitality Boom Explained.
🎙️Uganda’s Startup Tax Breaks - BDO’s John Jet Tusabe on Innovation & Revenue.
🎙️South Africa’s Spa Group Exits Europe - $1.2B Retail Sale Underway.
🎙️Mauritania’s Finance Minister Takes AfDB Helm Amid Western Funding Cuts.
🎙️East Africa to Outpace Continent - But Debt Crunch Threatens Growth.
🎙️Meet the CEO: Meet Olawale Rotimi Opeyemi of Jr Farms.
🎙️South Africa's $2.8B Transnet Bailout - Can It Fix the Ports Crisis?
🎙️Nigeria Launches AfCFTA Air Corridor - Export Costs to Drop 75%.
🎙️Africa at IMF/World Bank - Did the Continent Score Any Wins?
🎙️Musk Bets $300M on Telegram - Grok AI Coming to Messaging App.
🎙️Apple's $2B Fraud Block - App Store Crackdown Hits Record.
🎙️Jumia's China Strategy - Can More Sellers Beat Temu & Shein?
🎙️Can Africa's Agricultural Products Meet EU Traceability Standards?
🎙️Trump Delays EU Tariffs to July in Strategic Pause on Trade Tensions.
🎙️Twiga Foods Restructures Under New Holding Company.
🎙️AfDB Faces Leadership Vote Amid Looming U.S. Funding Cuts.
🎙️UGX 2.7T Bond Auction Explained - BOU’s Strategy with Analyst Alex Kakande.
🎙️JSE Hits Record 93,900 - Chemicals & Minerals Fuel Rally.
🎙️Kenya to Sell Safaricom Stake - $1.1B Privatization Bid Begins.
🎙️AfCFTA's $450B Promise - Is It Working for African Entrepreneurs?
🎙️Outgoing AfDB Chief Warns - US Tariffs Threaten Africa's Economy.
🎙️Africa's Mineral Roadblock - IEA Says Infrastructure Gap Must Close.
🎙️Ethiopia's Coffee Boom - $1.87B Record as Global Prices Soar.
🎙️Uganda's Trade Paradox - Global Deficit Shrinks as EAC Gap Grows.
🎙️Kenya’s New Taxes and What They Mean for the Future.
🎙️Bitcoin Surges Past $110K as U.S. Inches Toward Crypto Regulation.
🎙️Google’s Gemini AI Hits 400 Million Monthly Users.
🎙️Africans Lose €60M in Rejected Schengen Visa Applications in 2024.
🎙️Tax Season Kickoff - Kenya's New Changes with BDO's Steve Okoth.
🎙️Bitcoin Soars Past $109K - Stablecoin Laws Fuel Record Rally.
🎙️Rand Holds at 5-Month High - SA Budget & Trump Meeting in Focus.
🎙️Bybit Hits 70M Users - Crypto Exchange Sees "Sustained Global Growth.
🎙️Abebe Selassie Breaks Down Ethiopia’s Economic Reforms Through the IMF Lens.
🎙️Jumia Slashes Q1 Losses by Over 50% as Core Business Rebounds.
🎙️Microsoft Cuts 6,000 Jobs Amid AI Investment Push.
🎙️Nigeria Holds Lending Rate Steady at 27.50% to Monitor Inflation Risks.
🎙️Uganda’s Trade Deficit Narrows Globally but Widens Within EAC Bloc.
🎙️Can Africa Solve Its Own Security Crisis? President Kagame Weighs In.
🎙️AfDB's $304M Botswana Bailout - As Diamond Revenues Shrink.
🎙️Africa's Urbanization Time Bomb - 3.5% Growth Risks Armed Violence.
🎙️Guinea's Mining Shakeup - 50 Licenses Revoked in Sector Cleanup.
🎙️Ghana’s Former VP Dr. Mahamudu Bawumia Critiques Weaponized Trade.
🎙️Bulls Charge the NSE: Share Index Jumps 5.1% in Five Days.
🎙️Kenya Court Blocks Government From Disrupting Internet Access.
🎙️Africa's Data Centre Roadblocks - Edwin Enabu on Growth Challenges.
🎙️Rwanda Holds Rates at 6.5% - Inflation Seen Easing to 3.9% in 2026.
🎙️Tunisia's Growth Slows to 1.6% - Weakest Expansion in Three Quarters.
🎙️South Africa's Mining Slump Eases - But Fifth Straight Month of Decline.
🎙️Kenya Leads East Africa’s Business Boom - Startups & Companies Thrive.
🎙️Africa’s Data Centre Boom - Caroline Kamaitha on Global Trends.
🎙️Kenya’s Airport Dilemma - Only 2% of Int’l Flyers Connect Domestically.
🎙️Unlocking Africa’s Trillion-Dollar Funds - The Infrastructure Goldmine.
🎙️AI’s $103B Africa Opportunity - McKinsey Reveals Game-Changing Potential.
🎙️Kenya’s $1.15B Privatization Push - State Firms on the Auction Block.
🎙️IFC Bets $100M on Africa's Data Boom - Doubling Raxio's Footprint.
🎙️Nigeria's $3B Digital Upgrade - Telecoms Infrastructure Boost Announced.
🎙️8.2 Million Jobless in SA - What’s Behind the Hiring Freeze?
🎙️Namibia's Inflation Cools to 3.6% - April Relief After Six-Month High.
🎙️Angola's Inflation Eases Again - Nine-Month Decline to 22.32%.
🎙️Digital Inclusion in Africa - Sylvia Mulinge CEO MTN Uganda on Bridging the Smartphone Gap.
🎙️Nairobi Securities Exchange Sees 6% Growth - Hits Sh2.06T in Q1 2025.
🎙️Afreximbank's $3B Oil Trade Boost - Fueling Africa-Caribbean Energy Deals.
🎙️Mobile Gender Gap Narrows - But Sub-Saharan Africa Still Lags Behind.
🎙️Nigeria Clears $3.4B IMF Debt - Exits Borrower List Post-Pandemic.
🎙️Rwanda-US Migrant Deal Analyzed - Economic Policy Expert Weighs In
🎙️Safaricom's $540M Profit Jump - Ethiopia Recovery & Mobile Money Boom
🎙️$1B African Film Fund Launches - Private Equity Backs Creative Industry
🎙️DRC & Zambia Lead in Mining Abuses - Shocking 14-Year Report Findings
🎙️Nigeria's Oil Output Drops - OPEC Report Reveals Production Decline
🎙️Jumia Targets Operating Breakeven by 2027.
🎙️Airtel Africa to List Mobile Money Unit by 2026.
🎙️South Africa’s Forex Reserves Reach Record $67.6B.
🎙️Rwanda Lifts 1.5M Out of Poverty—What This Means for GDP.
🎙️Tier 4 Financial Institutions Driving Social Inclusion in Microfinance.
🎙️MTN Uganda Reports Strong Q1 Growth, Driven by Data and Fintech.
🎙️Google Launches AI Max to Revolutionize Search Ads.
🎙️ExxonMobil Commits $1.5B to Nigeria's Deepwater Oil Projects.
🎙️WTO’s 2025 Trade Outlook: Geopolitics, Growth, and Global Shifts.
🎙️OpenAI to Acquire Windsurf in $3B Deal, Its Biggest Yet.
🎙️African Startups Raise $343M in April: A Strong Signal of Investor Confidence.
🎙️Kenya’s Economy Grew 5.1% in Q4, Led by Agriculture.
🎙️Egypt’s Private Sector Slumps in April as PMI Drops to 48.5.
🎙️US-China Trade War: WTO Warns Africa May Be the Biggest Loser.
🎙️Nigeria’s Central Bank Lost $9 Billion in Derivatives Settlement.
🎙️Trump Slashes $555M AfDB Funding in Foreign Aid Shake-Up.
🎙️Nigeria vs Meta: PR War Over $220M Fine Escalates.
🎙️Airtel Africa Taps Starlink to Expand Internet Access Across 14 Markets.
🎙️Kenyan Banks Reject CBK’s New Loan Pricing Formula.
🎙️Africa’s Creative Economy: Unlocking Just 1.5% of Global Potential.
🎙️Nigeria’s Private Sector Keeps Growing Despite Slight PMI Dip.
🎙️Africa’s LNG Boom: Fueling the World by 2030.
🎙️African Airlines See 3.3% Growth But Lag in Seat Occupancy.
🎙️Africa's Creative Economy Challenge - Why Policies Are Falling Behind.
🎙️Paystack Hit with $190K Fine in Nigerian Fintech Crackdown.
🎙️Kenya Bans Gambling Ads in Mental Health Protection Move.
🎙️Africa's Energy Crossroads - Affordability vs Sustainability Debate.
🎙️South Africa's Trade Boom - ZAR 24.8B Surplus Hits 4-Month High.
🎙️Africa's Startup Dilemma - Where Are the Big Investor Exits?
🎙️Nigeria-China Trade Talks - New Alliance Against US Tariffs?
🎙️IMF Warns of Tariff Chaos in Global Markets.
🎙️Ethio Telecom IPO Underwhelms Despite Historic Opening.
🎙️China Blocks Boeing Orders in Latest Trade War Move.
🎙️African Private Capital Groups Merge to Boost Investments.
🎙️Kenya to Overtake Ethiopia as East Africa's Top Economy.
🎙️Intel to Cut 21,000 Jobs in Major Restructuring.
🎙️Flutterwave Joins Global Stablecoin Payments Network.
🎙️WTO Releases 2025-26 Trade Outlook for Developing Nations.
🎙️Kenya-Ethiopia $1,000 Duty-Free Trade Deal Signed.
🎙️Uganda Launches Anti-Fraud Consortium After 72bn Cybercrime Losses.
🎙️Kenya Airways Adds Beijing Route in Expansion Push.
🎙️China-Africa Trade Hits $46bn Amid Widening Imbalance.
🎙️IMF Cuts 2025 Africa Growth Forecast to 3.8%.
🎙️Uganda's Manufacturing and Construction Demand Declines.
🎙️Nigerian Breweries Defies Volatility with 69% Revenue Surge.
🎙️World Bank Arm to Boost African Equity Investments Amid Debt Crisis.
🎙️Kenya Secures $600M Road Funding Through Fuel Levy Backing.
🎙️Africa Gains $225M OPEC Loans Tanzania Gets Rail Project Boost.
🎙️Absa Bank Uganda's MD David Wandera on Currency Volatility and Dollar Loan Risks.
🎙️Nation Media Posts Record $1.9M Loss Amid Digital Shift.
🎙️MTN Partners Meta to Boost WhatsApp Call Quality in Africa.
🎙️Ivory Coast Threatens Cocoa Price Hike Over US Tariffs.
🎙️Absa Bank Uganda’s 22% Profit Surge: How Customer-First Strategy Paid Off
🎙️Nairobi Securities Exchange Goes Global: Inside Kenya's First UAE Investor Roadshow.
🎙️Afreximbank's Record $973M Profit: How Africa's Trade Bank is Expanding Its Reach.
🎙️Heineken's COMESA Controversy: The Fallout From Anti-Competitive Practices.
🎙️Mozambique LNG Revival: The $4.7B US-China Power Play in African Energy.
🎙️AI Summit Africa: President Kagame Makes Case for Africa's Role in Shaping AI Future.
🎙️Hotel Boom: Marriott and Hilton Drive Record Africa Expansion.
🎙️Africa Finance Corporation Posts 2024 Results, Advances $1B Rail Megaproject.
🎙️As Donor Aid Fades, Africa Turns to Startups and PPPs to Save Health Systems.
🎙️Trump Halts New Tariffs for 90 Days But Raises China Duties.
🎙️Reclaiming Africa's Future Feminist Leaders Demand Funding Reform.
🎙️Alphabet Bets Big $75 Billion Data Center Expansion Amid AI Boom.
🎙️WTO Chief Warns US-China Trade War Could Slash Global GDP.
🎙️Trump Halts New Tariffs for 90 Days But Raises China Duties.
🎙️Mobile Money Boom Sub-Saharan Africa Drives Global Growth with $1.1 Trillion.
🎙️Africa's 2030 Development Deadline Feminist Leaders Push for Gender Data Reform.
🎙️Nigeria Warns US Tariffs Threaten Africa's Top Oil Economy.
🎙️Senegal Scrambles IMF Demands Answers on $11.8 Million Accounting Error.
🎙️Ugandan Banks Shift to Government Securities, Alex Kakande Analyzes the Trend.
🎙️Oil Prices Crash to $62 as Trade War Sparks Demand Fears.
🎙️Namibia’s Growth Slows to 3.1% in Q4 2024 Weakest Since 2021.
🎙️IMF Chief Warns Trump Tariffs Threaten Global Economy.
🎙️Dfcu CEO Charles Mudiwa Reflects on 20 Years of Growth and Transformation.
🎙️YouTube Premium Prices Surge 54% in Nigeria Amid Rising Costs.
🎙️Kenyan Court Orders Umba to Pay $21,600 for Unfair Dismissal.
🎙️WTO Warns US Trade Measures Could Shrink Global Trade by 1%.
🎙️Ngozi Okonjo-Iweala Sounds Alarm on Rising Trade Tensions.
🎙️Rwanda's AI Summit Makes History. Can Africa Shape the Future of Artificial Intelligence?
🎙️Ghana's PMI Holds Steady Mild Private Sector Growth Continues in March.
🎙️Zambia's PMI Slips Back Weak Demand Halts Three-Month Recovery.
🎙️South Africa's PMI Decline Deepens Political Uncertainty Weighs on Business.
🎙️Africa's Economic Divergence Why Some PMIs Rise While Others Fall.
🎙️Meet the CEO: Meet Briggette Harrington CEO Of Igire Coffee.
🎙️Uganda’s Private Sector Gains Momentum. PMI Rises to 52.9 as Demand Strengthens.
🎙️DFCU's 151% Profit Surge. CEO Charles Mudiwa on Cleaning Up Bad Loans.
🎙️Ethiopia's Forex Revolution. $50M Auction Launches New Exchange Era.
🎙️Africa's AI Moment. Rwanda Hosts First Global Summit on Artificial Intelligence.
🎙️Botswana's Hunting Dilemma. Trophy License Revenue Jumps to $4.3M.
🎙️Flutterwave's Crossroads. Africa's Top Unicorn Weighs Future Options.
🎙️Questioning Africa's Credit Ratings. Churchill Oguttu Challenges ACRA's Credibility.
🎙️OpenAI's Record 40BFunding.NowValued at40BFunding.Now Valued at 300B Among Tech Giants.
🎙️African Air Cargo Slump. Demand Drops 5.7% Amid Global Decline.
🎙️Nigeria's Private Sector Boom. PMI Hits 54.3 as Growth Accelerates.
🎙️Global Air Cargo Shift. First Demand Drop Since 2023 Signals Change.
🎙️Africa Pushes for Its Own Credit Rating Agency to Challenge Global Giants.
🎙️Trading Halt: Umeme’s Shares Suspended Ahead of Uganda’s Power Handover.
Senegal’s Economy Booms at 11.6%, Fueled by Oil and Sector Growth.
🎙️Ethiopia Holds Interest Rate at 15% to Fight Inflation and Stabilize Currency.
🎙️Uganda’s Tax Break Plan: Startups to Get 3-Year Holiday to Boost Innovation.
🎙️Financing the Future. Arshad Rab on Sustainable Breakthrough Ventures
🎙️Ethiopia's Financial Leap. Five New Investment Banks Licensed
🎙️Kenya's Bold IMF Move. Rejecting $800M to Chart Its Own Path
🎙️AI Expansion Across Africa. Cassava Tech Partners with Nvidia
🎙️Digital Infrastructure Boost. Nvidia AI Coming to Five African Nations
🎙️Corporate Governance Trends. What’s Next for 2025 with Patrick Courtney.
🎙️Gold Hits $3,020. Tariffs and Middle East Tensions Fuel Safe-Haven Demand.
🎙️Ethiopia’s $7.8 Billion Airport Dream. A New Hub for African Aviation.
🎙️Google’s Hustle Academy Returns. Empowering African Entrepreneurs in 2025.
🎙️Kenya Seeks IMF Reset. A New Loan Program Amid Rising Fiscal Pressure.
🎙️AI is Here to Stay. How Corporate Governance Can Harness Its Potential.
🎙️MTN’s Fintech Spin-Off. Mastercard Eyes Stake in Ghana, Nigeria, and Uganda.
🎙️OECD Slashes G20 Growth Forecasts. Trade Barriers and Uncertainty Take a Toll.
🎙️Africa’s Infrastructure Gap Widens. Private Equity Investment Drops to $1.4 Billion.
🎙️Morocco’s Manufacturing Boom. Key Sectors Drive 5% Growth in Q4 2024.
🎙️AI Regulation Now. Why Experts Say Governments Can’t Wait.
🎙️Gold Soars to $3,000. What’s Driving the Record-Breaking Rally?
🎙️Kenya’s AI Boom. How Nairobi Became Africa’s Tech Hub.
🎙️Egypt Secures $1.2 Billion IMF Lifeline. What’s Next for Its Economy?
🎙️Angola’s Growth Streak. Diamonds and Minerals Fuel 15 Quarters of Expansion.
🎙️Tech as a Growth Engine. Emeka Obiwulu on Building Africa’s Digital Future.
🎙️South Africa’s Forex Reserves Hit Record High. $66.2 Billion in February 2025.
🎙️Africa’s Inflation Outlook. Dropping to 6.8% in 2024 and 7.2% in 2025.
🎙️Microsoft’s $300 Million AI Expansion in South Africa. Scaling Up Cloud and AI Infrastructure.
🎙️Microsoft’s $300M Bet on South Africa vs. $1 Per Trainee in Nigeria.
🎙️Bitcoin Volatility Continues. Prices Surge to $82,100 After Trump’s Strategic Reserve Move.
🎙️Digital Blackouts in Africa. Record High Shutdowns in 2024.
🎙️Zipline Expands in Nigeria. Drone Logistics to Reach Five More States by 2025.
🎙️Meet the CEO: Meet Emeka Obiwulu, Founder & CEO of The Offshore Lab (TOL).
🎙️Ghana’s Private Sector Rebounds. PMI Rises to 50.5 in February 2025.
🎙️Inflation Eases in Ghana. Rate Drops to 23.1% Amid Exchange Rate Stability.
🎙️Navigating a Slowing Global Economy. Trade Barriers and Paths to Cooperation.
🎙️Canal+ Extends MultiChoice Takeover Deadline. Regulatory Hurdles Delay Deal.
🎙️Africa and the Caribbean. Building $2 Billion Trade Ties.
🎙️Namibia’s Telecom Boom. Data Revenue Tops N$800 Million in Q3 2024.
Multilateralism in 2025. Kashim Shettima on Tackling Global Risks.
Nigerian Exchange Group Hits Record Profit. $9 Million in Pre-Tax Earnings.
Boosting African Trade. UK’s $50 Million Deal with Ghana International Bank.
South Africa Avoids Recession. Economy Grows by 0.6% in Q4 2024.
Egypt’s Private Sector Expands. PMI Signals Fastest Growth in Four Years.
🎙️Global Risks 2025. Navigating a Volatile Landscape in Africa and Beyond.
🎙️South Africa’s Trade Deficit. A $16.4 Billion Shortfall in January 2025.
🎙️Rising Producer Prices. Rwanda’s Manufacturing and Mining Sectors Drive Inflation.
🎙️Kenya’s Inflation Climbs. Food Prices Push Rate to a 5-Month High.
🎙️Debt Crisis in Developing Nations. Record $1.4 Trillion in External Debt Servicing.
🎙️Upskilling the Workforce. Meeting the Evolving Needs of the Global Market.
🎙️The End of an Era. Microsoft Retires Skype After Two Decades.
🎙️Kenya’s Eurobond Success. Raising $1.5 Billion to Refinance Debt.
🎙️Africa Founders Ventures Winds Down. The End of 54 Collective’s Venture Studio.
🎙️Africa’s Energy Ambition. Strengthening U.S. Engagement in Oil and Gas.
🎙️The Future of Work. Trends Reshaping Labor Markets in 2025 and Beyond.
🎙️Climate Reparations. Why Africa is Owed $36 Trillion.
🎙️South Africa’s G20 Agenda. Unlocking Infrastructure Finance for Emerging Economies.
🎙️Rating Agencies Under Scrutiny. Aligning Fundamentals with Credit Decisions.
http://www.bkcapital.rw/
🎙️The Power of Unity: Why African Nations Must Negotiate as One Bloc.
🎙️Bitcoin’s Slide: How Inflation and US Politics Are Shaking Crypto Markets.
🎙️Race to Lead the AfDB: Meet the Candidates Vying for the Top Job.
🎙️East Africa’s Tourism Ambition: Targeting 11 Million Visitors by 2027.
🎙️Nigeria’s Economic Surge: Services Sector Drives 3.84% GDP Growth.
http://www.bkcapital.rw/
🎙️Turning Risks into Opportunities: AfCFTA’s Blueprint for Young African Entrepreneurs.
🎙️Kenya Airways Expands: Bigger Planes for Booming Intra-African Trade.
🎙️Kenya’s Eurobond Strategy: Managing Debt with a $900 Million Buyback.
🎙️Nigeria’s Startup Boom: $400 Million in Funding and the Deals Driving Growth.
🎙️Education & Fertility: How Women Are Shaping Sub-Saharan Africa’s Future.
http://www.bkcapital.rw/
🎙️Unlocking Africa’s Economic Potential Through Smart Investments.
🎙️Jumia’s Rough Ride: E-Commerce Giant Posts $99.1M Loss.
🎙️Nigeria’s Central Bank Holds Rates Steady Amid Naira Stability.
🎙️Egypt Keeps Record-High Interest Rates for 11th Month.
🎙️Morocco’s Inflation Hits 2.0% on Surging Food Prices.
http://www.bkcapital.rw/
🎙️AfCFTA: Can Africa Seize This Once-in-a-Generation Economic Moment?
🎙️ECA and AfCFTA Forge Powerful Partnership to Supercharge Africa’s Trade.
🎙️Microsoft Launches $1 Million Initiative to Train 1 Million Nigerians in AI & Digital Skills.
🎙️AfDB to Establish Africa Investment Guarantee Agency to Protect Foreign Investors.
🎙️Africa Finance Corporation Secures $400 Million After Massive Investor Demand.
http://www.bkcapital.rw/
🎙️Trump’s Trade War 2.0—What It Means for Africa.
🎙️Mauritius Trade Deficit Hits 12-Year High.
🎙️Egypt’s Jobless Rate Falls to Record Low.
🎙️Nigeria’s Inflation ‘Drops’ to 24.48%—But There’s a Catch.
🎙️South Africa’s Unemployment Declines Again.
http://www.bkcapital.rw/
🎙️AfCFTA Digital Protocol Adopted—What It Means for Africa’s Tech & Trade.
🎙️Malawi’s Inflation Hits 28.5%—Food Prices Drive Surge.
🎙️Africa Finance Corporation & China’s CEXIM Bank Sign Major Infrastructure MoU.
🎙️Tunisia’s Economy Sees Strongest Growth Since 2022.
http://www.bkcapital.rw/
🎙️Rwanda’s Energy Future—What Do Hydrocarbons Mean for the Country?
🎙️Mali’s Gold Output Drops 23% Amid Barrick Tax Dispute.
🎙️Senegal’s Debt-to-GDP Soars to 99.7%!
🎙️East & Horn of Africa Unite to Protect Migrant Workers.
http://www.bkcapital.rw/
🎙️Can Fintech Solve Africa’s $70B Education Gap?
🎙️Rwanda Holds Rates at 6.5%—But Warns of Higher Inflation Ahead.
🎙️Angola's Inflation Cools for 6th Straight Month—Relief in Sight?
🎙️COMESA Court Slams Mauritius Over Edible Oil Tariffs—A Win for Regional Trade?
🎙️Big Gas Moves! Nigeria, Algeria, and Niger Push Ahead with Trans-Saharan Pipeline.
http://www.bkcapital.rw/
🎙️AI & Tax: How Artificial Intelligence is Transforming Digital Tax Management.
🎙️EU Vows Retaliation Against New US Tariffs on Steel and Aluminium.
🎙️Zambia’s Central Bank Raises Interest Rate to 14.5% Amid Inflation Concerns.
🎙️Namibia Cuts Interest Rate to 6.75% to Support the Economy.
http://www.bkcapital.rw/
🎙️Tariffs & Africa: Why the Impact Remains Limited.
🎙️Nairobi Securities Exchange Targets 9 Million Retail Investors in Five-Year Plan.
🎙️Fintech Expansion: OAPay Enters Kenya, Ghana, Nigeria, Uganda, and Tanzania.
🎙️Kenya’s Diaspora Remittances Hit Record KSh 640.8 Billion in 2024.
http://www.bkcapital.rw/
🎙️Tax Industry Transformation: Trends to Watch in 2025.
🎙️African Gaming Market Hits $1.8 Billion, Outpaces Global Growth.
🎙️Urgent Infrastructure Investments Key to Unlocking $3.4 Trillion African Market.
🎙️DeepMind CEO Challenges DeepSeek's Cost Efficiency Claims.
🎙️Regulatory Uncertainty Tops African Business Leaders' Concerns.
http://www.bkcapital.rw/
🎙️Uganda's CIS Assets Surpass $1 Billion Milestone.
🎙️Bank of Uganda Maintains Interest Rate at 9.75% Amid External Risks.
🎙️World's Largest Mining Project in Guinea to Begin Production This Year.
🎙️Africa’s Fintech Revenues Projected to Hit $47 Billion by 2028.
🎙️Ghana's Mobile Money Transactions Break $124 Billion Record Despite E-Levy.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet Adrian Bukenya, Country Director of Mastercard Foundation Uganda.
🎙️Zimbabwe Holds Interest Rates Steady at 35% Amid Inflation Spike.
🎙️Nigeria's SEC to Fast-Track Crypto Licenses for Market Regulation.
http://www.bkcapital.rw/
🎙️USAID Global Administrative Leave: What It Means for Aid Operations.
🎙️Uganda's Accountant General Arrested Over $16M Bank Heist.
🎙️Africa50 to Launch $500M Off-Grid Power Investment Fund.
🎙️Airtel Africa Posts $248M Profit Amid Currency Gains.
http://www.bkcapital.rw/
🎙️DeepSeek's Impact on African AI — A Closer Look.
🎙️Fitch Maintains Kenya’s B- Rating with Stable Outlook.
🎙️Egypt’s Non-Oil Private Sector Expands for First Time Since August.
🎙️Nigeria PoS Transactions Hit Record N18 Trillion in 2024.
http://www.bkcapital.rw/
🎙️DeepSeek Disrupts AI & Tech Stocks — Breaking Down the Impact.
🎙️Global Air Travel Demand Hits Record High, Says IATA.
🎙️4G, But No Internet? 60% of Nigerians Stay Offline.
🎙️Kenya’s Entertainment Sector to Lead Global Internet Ad Growth.
http://www.bkcapital.rw/
🎙️Rwanda’s Climate Solutions: Collaboration, Data & Systems.
🎙️Gold Hits Record High as Central Banks Hold Rates.
🎙️South Africa’s Trade Surplus Drops to ZAR 15.5 Billion.
🎙️Tanzania and Burundi Ink $2.15 Billion Railway Deal.
🎙️Air Travel Surges Beyond Pre-Pandemic Levels, Says IATA.
http://www.bkcapital.rw/
🎙️Central Banks & Climate Change: A Conversation with Rwanda's Deputy Governor.
🎙️South African Reserve Bank Cuts Rates Again Amid Uncertain Outlook.
🎙️Microsoft Expands AI Catalog with DeepSeek's R1 Model.
http://www.bkcapital.rw/
🎙️Mission 300 Secures $40 Billion to Power Africa by 2030.
🎙️Nigeria's Electronic Payments Hit Historic N1.07 Quadrillion Milestone.
🎙️AI Deepfakes Fuel a Third of Biometric Fraud Cases in Africa.
🎙️Microsoft & OpenAI Probe Alleged Data Breach by Chinese AI Startup.
🎙️COMESA Investigates Kenya Airways & Zambia Airways Over Flight Delays.
http://www.bkcapital.rw/
🎙️U.S. Foreign Aid Halt Sparks Global Chaos: Economic Impact Explained.
🎙️Mozambique Slashes Key Interest Rate to 12.25%, Lowest Since 2020.
🎙️African Union Challenges Moody’s Kenya Outlook Revision.
http://www.bkcapital.rw/
🎙️M23 Rebels Seize Goma: A Turning Point in DRC Conflict.
🎙️Bitcoin Falls Below $100K Amid Profit-Taking and Policy Uncertainty.
🎙️Kenya Loses Sh16B in Foreign Investment Amid Political Tensions.
🎙️Bank of Ghana Holds Interest Rate at 27% Amid Economic Pressures.
🎙️Moody's Upgrades Kenya's Outlook to Positive on Debt and Inflation Optimism.
http://www.bkcapital.rw/
🎙️AI Revolution in Aviation: How It’s Transforming the Industry.
🎙️Tanzania Introduces New Banknotes in February Currency Overhaul.
🎙️Nigeria Struggles to Attract FDI Despite Economic Size.
🎙️Angola Holds Key Interest Rate at 19.5% Amid Falling Inflation.
🎙️Cape Town Airport Hits Record 3M International Passengers in 2024.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet Dima Masri, Research and Design Specialist at Iqrali.
🎙️Kenyan Startups Dominate East Africa’s 2024 Funding.
🎙️Nigeria’s Energy Sector Attracts $6.7B in 2024 Investments.
http://www.bkcapital.rw/
🎙️Rwanda’s Hydrocarbon Discovery: A Transformative Milestone?
🎙️Africa’s Debt Burden: Interest Payments Skyrocket to $26B.
🎙️Kenya Expands Visa-Free Travel for African Nations.
🎙️South Africa’s Naked Raises $38M in Series B2 Funding.
🎙️Mozambique’s $20B LNG Project Delayed Amid Security Concerns.
http://www.bkcapital.rw/
🎙️WEF 2025 Opens with Calls for Modern Global Rules.
🎙️Kenya's Stock Market Hits 2-Year High at KSh 2.05T.
🎙️Google AI Scholarships: Fully Funded for African Students.
🎙️Diaspora Remittances Reach Record $4.95B in 2024.
🎙️Nigeria Approves 50% Telecom Tariff Increase.
http://www.bkcapital.rw/
🎙️Why Africa's National Carriers Struggle: Economics, Politics & Sovereignty.
🎙️Ethiopia’s Stock Exchange: A Bold Step to Revive Its Economy.
🎙️Egypt’s Current Account Deficit More Than Doubles in Q3 2024.
🎙️$2 Billion Transacted via East Africa’s Regional Payment System in 2024.
http://www.bkcapital.rw/
🎙️IMF Raises 2025 Global Growth Forecast to 3.3%, but Major Economies Lag Behind.
🎙️Amazon Opens South Africa Seller Centre to Compete with Takealot.
🎙️$40B Plan Unveiled to Address Africa's Electricity Crisis by 2030.
🎙️CMC Motors to Exit East Africa After Decades in Business.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet Abdulhamid Haidar Founder and CEO of Darsel.
🎙️Ghana Defaults on Debt but IMF Projects 4% Growth by 2025.
🎙️Bitcoin Hits $100K Amid Hopes for Pro-Crypto Trump Policies.
http://www.bkcapital.rw/
🎙️Clearing the Skies: Fixing Africa's Aviation Hurdles for Affordable Air Travel.
🎙️Meta Tightens Operations: Workforce Cut by 5% Amid Strategic Refinement.
🎙️Global Internet Shutdowns Cost $7.6B in 2024; Kenya Loses $75M in Telegram Outage.
🎙️Nigeria Climbs to 2nd in Africa's 2024 Hotel Development Rankings, Lagos Leads the Charge.
🎙️LemFi Secures $53M Series B to Revolutionize Immigrant Financial Services.
http://www.bkcapital.rw/
🎙️African Aviation: Profits, Resilience, and the Road Ahead
🎙️Kenya Airways Skyrockets: Best-Performing Stock on NSE This Year.
🎙️Ghana Cuts Ministries: President Mahama Reduces Cabinet to 23.
🎙️Global Workforce Shrinks as AI Takes Over, WEF Survey Finds.
http://www.bkcapital.rw/
🎙️How Central Banks Are Shaping the Future: Insights from Armenia’s Martin Galastyin.
🎙️Sub-Saharan Africa’s Economy: Moody’s Predicts a Stronger 4.2% Growth in 2025.
🎙️Smartphones Are Back: Global Market Rebounds with 4% Growth in 2024.
🎙️Oil Prices Surge: Brent Hits $81 After U.S. Sanctions Rock Russia’s Industry.
http://www.bkcapital.rw/
🎙️Ethiopia - Artificial Intelligence education benefits.
🎙️Sudan: The government is introducing new banknotes in a bid to stabilize the economy.
🎙️Namibia: Shell will write down a $400 m oil investment.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet Pegor Papazian Co-founder and Chief Development Officer at TUMO.
🎙️Global airline revenues to surpass $1 trillion in 2025, says IATA.
🎙️African nations hold 60% of $1.7B in blocked airline funds, IATA reports.
http://www.bkcapital.rw/
🎙️Uganda’s Path to Becoming a Financial Hub Hinges on Reforms.
🎙️Total Energy Kenya Warns of Profit Drop Due to High Rates.
🎙️Nigeria Secures $2.2B Amid Strong Auction Demand.
🎙️AI to Shape 94% of Global Ad Revenue by 2029.
🎙️World Bank Lowers Kenya’s Growth Forecast to 4.7%.
http://www.bkcapital.rw/
🎙️Hackers syphon $14.73M from Bank of Uganda, says Deputy Governor.
🎙️South Africa’s forex reserves hit a record $65.859B in November.
🎙️Rwanda pushes to join Formula 1 calendar for economic growth.
🎙️Netflix denies Nigerian exit amid cutbacks on original productions.
🎙️McKinsey South Africa to pay $122M in U.S. bribery settlement.
http://www.bkcapital.rw/
🎙️Uganda urged to boost private sector, innovation for growth.
🎙️Foreign tech firms paid $1.5B in Nigerian taxes in H1 2024.
🎙️Ghana inflation rises to 23%, PMI hits 52.5 in November.
🎙️Namibia cuts lending rate to 7% to aid the economy.
🎙️Zimbabwe keeps interest rate at 35%.
http://www.bkcapital.rw/
🎙️Education Industry Insights with Wise Prize Finalist Abdul Hamid Haidar.
🎙️Holcim Sells Nigerian Business to Huaxin Cement in $1B Deal.
🎙️UNDP and Ethiopia Launch Timbuktoo Hub to Empower Startups.
🎙️Safaricom Ethiopia Pushes for Equal Telecom Access.
http://www.bkcapital.rw/
**🎙️Belgium grants full labor rights to sex workers.
🎙️Standard Chartered eyes exit from banking operations in three African nations.**
🎙️CBN cracks down on banks amid Nigeria's cash crunch.
http://www.bkcapital.rw/
🎙️Forex turnover on FMDQ hits a 2024 high at $294M daily in November.
🎙️Uganda denies $17M theft after central bank cyberattack.
🎙️Bitcoin rallies after Tornado Cash court victory.
🎙️CBK urges banks to raise liquid assets for crisis resilience.
http://www.bkcapital.rw/
🎙️David Behr on AI, Cloud, and Connectivity Solutions.
🎙️Standard Chartered to Exit Wealth Units in Africa.
🎙️Global Online Population Hits 5.5 Billion in 2024.
🎙️Zambia’s Inflation Climbs to 16.5% Amid Drought.
🎙️Mozambique’s Economy Grows 3.7% in Q3, Led by Mining.
http://www.bkcapital.rw/
🎙️Donald Trump’s Presidency: What It Means for Climate Action.
🎙️Lesotho Lowers Rate to 7.5%, Mirroring South Africa’s Move.
🎙️IMF Approves $415M for Morocco’s Sustainability Efforts.
🎙️Tanzania’s Current Account Deficit Shrinks as Tourism Surges.
🎙️Funding Green Transitions: IMF’s Call for Accountability.
🎙️Nigeria Hikes Rates to 27.5% as Inflation Surges.
🎙️Nigeria Records Strongest Quarterly Growth Since 2023.
🎙️African Nations Ease Visa Restrictions for Continental Travel.
🎙️Kenya’s Business Law Bill Targets Outsourcing Industry Practices.
🎙️Africa’s Climate Crisis: The Cost of Inaction.
🎙️Yellow Card Secures Key Licence for South African Expansion.
🎙️Private Capital: Powering Africa’s Economic Growth.
🎙️COMESA’s Plan to Tame Soaring Vegetable Oil Prices.
🎙️South African Airways: A Soaring Comeback.
🎙️Botswana eyes industrial hemp to diversify its economy.
🎙️Alternative media dominate Kenya protest coverage on social platforms.
🎙️Bitcoin hits $97K, nearing $2T market cap milestone.
🎙️Kenya introduces policy to shape gig economy operations.
🎙️Driving financing for women entrepreneurs and its impact.
🎙️JSE index extends gains, surpassing 85,000 points.
🎙️Weak IP laws fuel $250 billion counterfeit electrical industry in Africa.
🎙️Andela partners to train 20,000 Africans in cloud-native skills.
🎙️Breaking Barriers: Gender Parity and Bridging Skills Gaps in Finance and Tech.
🎙️Ethereum Weekly Transactions Hit $60B Milestone.
🎙️Banks in Sub-Saharan Africa Boost Gender-Focused Lending.
🎙️Africa CDC Launches Health Tech Marketplace for Digital Solutions.
http://www.bkcapital.rw/
🎙️Divine Vhovha: Empowering Teens to Launch Their Own Businesses.
🎙️MTN Nigeria Secures ₦75B to Boost Operations and Meet Financial Needs.
🎙️China’s Energy Lending in Africa: New Trends, Big Implications.
🎙️MultiChoice Loses 1.7M Subscribers Amid Inflation and Power Crises.
🎙️KPMG’s Pieter Scholtz: Strong ESG Practices Key to Attracting Investors.
🎙️Gold Drops to 8-Week Low Amid Market Optimism and Strong U.S. Dollar.
🎙️Kenya’s Fresh Produce Sector Suffers Billions in Losses Due to Freight Shortages.
🎙️COP29: African Leaders Highlight Need for Clean Cooking Solutions for 1.2 Billion.
http://www.bkcapital.rw/
🎙️Anne Juuko on Bridging the Skills Gap and Boosting Female Representation in Tech.
🎙️Ethereum Hits $60 Billion in Weekly Transactions.
🎙️African Banks Report Stronger Loan Performance Among Female-Led Firms.
🎙️Africa CDC Launches Digital HealthTech Marketplace in Partnership with DIAL.
http://www.bkcapital.rw/
🎙️Uganda's Card Transactions Expected to Top 1 Trillion Shillings This Year.
🎙️JSE Index Slides for Third Day, Hovering Around 84,200.
🎙️$250M African Tech Investment Deal Sealed by Startupbootcamp, Mara, and Blend.
🎙️Emirates Opens First Retail Store in Kenya, Offering Smart Tech & Travel Advice.
🎙️African Leaders at COP29 in Azerbaijan Push for Climate Investment & Financial Reform.
http://www.bkcapital.rw/
🎙️Bitcoin Hits $81K, Market Cap Surpasses $1.6 Trillion.
🎙️OPEC Predicts Global Oil Demand to Hit 120M Barrels by 2050.
🎙️Global Scam Losses Reach $1.03 Trillion, Says GASA Report.
🎙️MDaaS Expands to Francophone Africa with First Clinic in Cameroon.
http://www.bkcapital.rw/
🎙️Phiona Wall: Ethics for Non-Executive Directors.
🎙️Safaricom Profits Drop Amid Birr Depreciation.
🎙️Kenyan MSMEs Go Global with AfCFTA’s TradeConnect.
🎙️Africa’s Oil & Gas Future: Rystad’s Insights.
http://www.bkcapital.rw/
Meet the CEO: Meet Aurelio Amaral, Manager of Innovation for Quality and Access to Education at WISE.
Bitcoin reached a new high of over $76,000 soon after surpassing $75,000 following Trump’s reelection.
Afreximbank inked $127M in energy deals at Africa Energy Week.
🎙️African Private Capital Deals Slow for Second Year.
🎙️Google Invests $5.8M in AI Skills Across Africa.
🎙️Seychelles: Africa’s Most Powerful Passport in 2024.
🎙️Kenya to Reinstate 6% Tax on Digital Services.
http://www.bkcapital.rw/
🎙️Africa’s Digital Future: Cybersecurity Challenges and Solutions with Raxio Data Centre’s GM.
🎙️JSE Index Rebounds 1% in Early November, Ending Three-Day Losing Streak.
🎙️African Women Lead Digital Content Creation, Dominating with 53.2% Representation.
🎙️Ethiopia’s Central Bank Launches Electronic Money Market for Interbank Lending.
🎙️Nigeria’s Cocoa Production Set to Rise 10% Amid High Global Prices.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet Derek Debru the co-founder of Nyege Nyege Festival.
🎙️JSE Index Hits New Low, Falling for Third Consecutive Session.
🎙️Nigerian Fintech Moniepoint Reaches $1B Valuation with $110M Investment.
http://www.bkcapital.rw/
🎙️Nyege Nyege Returns: Inside the Afrogalactic Carnival with Talent Africa.
🎙️Nigeria’s Central Bank & IFC Team Up to Boost Local Currency Financing.
🎙️Bitcoin Breakthrough: Hits $70K Amid ETF Inflows.
🎙️Vodacom’s Merger Plans Stalled as Competition Tribunal Blocks Deal.
🎙️Nigeria’s Moniepoint Becomes a Unicorn with $110M Investment.
🎙️Fitch Upgrades Ethiopia’s Credit Rating on Improved Stability.
http://www.bkcapital.rw/
🎙️IMF on Sub-Saharan Africa: Tough Reforms and Uneven Growth.
🎙️Nigerian Stock Market Surges with 1.41% Gain Last Week.
🎙️Oil-Producing Africa: IMF Reports Subdued, Uneven Growth.
🎙️Africa’s Financial Markets See Fastest Expansion Since 2017.
🎙️Africa Seeks $15B Boost for Development from World Bank.
http://www.bkcapital.rw/
🎙️AfCFTA’s Digital Leap: How Data Centers are Uniting African Trade.
🎙️Spotify to Raise Premium Prices by 44% in Nigeria This November.
🎙️Nairobi Securities Exchange to Launch Options Trading on NEXT Market.
🎙️Nigeria Joins BRICS Bloc, Strengthening Economic Partnerships.
🎙️ African Debt Soars 240% Since 2008, Fueled by Bonds and Global Loans.
🎙️Meet the CEO: Meet Godfrey Sserwamukoko General Manager at Raxio Data Centre Uganda.
🎙️Google Launches AI for Cybersecurity Program.
🎙️Climate Finance Flows to Africa Increase 48%.
http://www.bkcapital.rw/
🎙️India and Uganda Discuss Collaboration in Emerging Fields (Rahul Mutha).
🎙️Nigerian Stock Market Closes Up 0.20%.
🎙️NALA Money Plans Rwanda as East African Remittance Hub.
🎙️Ethiopia Excludes Diaspora and Foreigners from Ethio Telecom IPO.
🎙️BasiGo Raises $41.5 Million in Funding.
http://www.bkcapital.rw/
🎙️Equity Group Unveils Africa's Economic Transformation Plan for Resilience.
🎙️Binance Expands Crypto Access in Africa with Mobile Money Integration.
🎙️Zanzibar Launches Blockchain Sandbox for Startup Innovation.
🎙️African Startups Raise $600M in Q3, Breaking Previous Records.
🎙️Ethiopia Hits Historic High with $519M in Coffee Exports.
http://www.bkcapital.rw/
🎙️World Investor Week: Leveraging Tech to Boost Investment Strategies.
🎙️CBK Launches Fast-Payment System for Seamless Money Transfers.
🎙️Digital Skills Shortage Threatens Sub-Saharan Africa’s Future Growth.
🎙️World Bank Calls for Greater Debt Relief for Poor Nations.
🎙️Etihad Airways to Launch New Nairobi Route in December.
http://www.bkcapital.rw/
🎙Africa's Megaprojects and Their Impact (Patricia Rodrigues, Rose Mumanya, and Jacques Nel Discuss)
🎙Yellow Card Raises $33 Million in Series C Funding.
🎙Tanzania Ranks 4th in Overall Trade Attractiveness.
🎙200 Malicious Apps Found on Google Play Store.
🎙IMF Approves Comprehensive Reform and Financing Package for PRGT.
http://www.bkcapital.rw/
🎙 How Heifer International Boosted Energy Access and Cut Carbon Emissions.
🎙Jumia to Close South African and Tunisian Operations.
🎙National Bank of Ethiopia Mandates Forex Trading Spread Disclosure.
🎙Namibia Cuts Interest Rate for Second Time.
🎙Kenya's KEPSS Migrates to ISO20022 Standard.
🎙Netflix Subscriber Growth Expected to Slow.
http://www.bkcapital.rw/
🎙Mott Foundation Expands Energy Access in Africa via DREEM.
🎙Satellite Data Subscriptions Surge in Kenya Following Starlink Launch.
🎙Africa Needs $194 Billion Annually to Achieve SDGs (UN).
🎙Nigeria Lost N10 Trillion Due to Fuel Subsidy and Multiple Exchanges (World Bank).
🎙Nigeria's Telecom Sector Attracts $304 Million FDI in H1 2024.
http://www.bkcapital.rw/
🎙️Africa Risk-Reward Index Highlights AI's Potential and Regulatory Challenges.
🎙️African Airline Seat Capacity Up 2.65% in October.
🎙️ World Bank Cuts Sub-Saharan Africa Growth Forecast to 3% .
🎙️World's Poorest Countries Face Rising Debt and Vulnerability.
🎙️ PawaPay Expands Services in Africa.
🎙️President Kagame Calls for Stronger Support for Private Sector in AfCFTA.
🎙️Investor Demand for Treasury Bills Surges in Nigeria.
🎙️Chowdeck Considers Expansion to South Africa, Kenya, and Ivory Coast.
🎙️Kenya Expects More IMF Funds by Year-End.
🎙️Rwanda's FDI Up 63.5% in First Half of 2024.
http://www.bkcapital.rw/
🎙️President Kagame Urges Faster AfCFTA Implementation.
🎙️Ethiopia to Sell 10% Stake in Ethio Telecom.
🎙️ARISE IIP Raises US$443 Million for Industrial Parks.
🎙️Zimbabwe's Public Debt Stands at $21 Billion.
🎙️US Disclosure Rules Have No Impact on DR Congo Violence (GAO Report).
🎙️Huawei to Establish Datacenter in Nigeria.
http://www.bkcapital.rw/
🎙️AI's Impact on Economy and Inequality ,Kristalina Georgieva Discusses.
🎙️Nigeria's Central Bank to Automate Foreign Currency Trades.
🎙️Nigeria's Nigeria Air Deal Would Have Cost $112 Million (Festus Keyamo).
🎙️Africa's Natural Gas Production to Grow 3% in 2025.
http://www.bkcapital.rw/
🎙️ Bank of Uganda Cuts Interest Rate to 9.75% for October.
🎙️ Nigerian Stock Market Closes Up 0.19%.
🎙️ IATA Warns of Potential Infrastructure Crunch for African Airports.
🎙️ Kenya Cuts Interest Rate by 75 Basis Points.
🎙️ EU Extends Sanctions on Sudanese Individuals and Entities.
🎙️ Cape Verde's Economy Grows 8.5% in Q2 2024.
http://www.bkcapital.rw/
🎙️ TradeMark Africa's Strategy 3: Balancing Trade and Climate Action.
🎙️South Africa's Foreign Reserves Increase to $63.633 Billion.
🎙️Africa-Asia Air Cargo Demand Surges 21% in August.
🎙️African Airlines See 10.1% Increase in International Passenger Demand.
🎙️LinkedIn to Use User Data to Train AI Model.
🎙️Tunisia's Inflation Rate Remains Steady at 6.7%.http://www.bkcapital.rw/
🎙️ Africa's Nuclear Energy Share to Triple in Two Decades .
🎙️Moody's Upgrades AFC's Credit Rating.
🎙️Nigerian Stock Market Closes Up 0.47%.
🎙️Zipline to Transport Medical Products in Nigeria.
http://www.bkcapital.rw/
🎙️Meet the CEO: Meet John Muhumuza Kamara, Country Manager for Xeno Uganda.
🎙️AFC Issues $500 Million 5-Year Eurobond.
🎙️Winich Farms Raises $3 Million for Expansion.
http://www.bkcapital.rw/
🎙️TradeMark Africa Rebrands and Expands Focus (Monica Hangi Discusses).
🎙️Crypto Hacks Result in Over $120 Million Losses in September.
🎙️Bank of Tanzania Issues Regulations to Protect Borrowers from Digital Lending Abuses.
🎙️Uganda Forms State-Owned Mining Company.
🎙️Kenya Airways Launches Bottled Water Business.
http://www.bkcapital.rw/
🎙️ Africa's Growing Deep Tech Ecosystem: Driving Innovation and Change Part II.
🎙️Zimbabwe’s Gold Currency Drops 43% Amid Pressure.
🎙️8M Could Migrate by 2050 if Paris Targets Aren’t Met.
🎙️Five African Nations Eye $2B Debt-for-Conservation Deal.
🎙️Ethiopia, IMF Agree on $3.4B Loan Review.
🎙️Vendease Lays Off 20% to Focus on Sustainability.
http://www.bkcapital.rw/
🎙️ Africa's Growing Deep Tech Ecosystem: Driving Innovation and Change.
🎙️Ghana Cuts Interest Rates to 27%.
🎙️Starlink Lowers Prices in Kenya to Compete with Safaricom.
🎙️Amazon Launches 'Shop Mzansi' for South African Products.
🎙️OPEC Fund Provides $65 Million to Madagascar.
http://www.bkcapital.rw/
🎙️Addressing Liquidity Challenges in Uganda's Capital Markets.
🎙️JSE hits new record levels.
http://www.bkcapital.rw/
🎙️ Digital Rights in Africa: Rising Threats to Freedom.
🎙️ZiG's Black Market Rate Depreciates.
🎙️Safaricom Secures Second Tranche of Sustainability Loan.
🎙️Nigeria's Loan Apps Increase to 320.
🎙️Uganda's Coffee Exports Soar 82.9% in August.
🎙️Digital Health Investments Can Save 2 Million Lives (WHO & ITU Report).
http://www.bkcapital.rw/
🎙️Cloud Computing in Africa: Innovation Meets Privacy Concerns.
🎙️JSE Hits New Record High on Rate Cut Optimism.
🎙️Kenyan E-commerce Platform Sky.Garden Cracks Down on Counterfeit Goods.
🎙️South Sudan Limits Cash Withdrawals to Encourage Digital Payments.
🎙️Kenyan Court Allows Facebook Content Moderators to Sue Meta.
http://www.bkcapital.rw/
🎙️The Post Mortem of Kune Foods.
🎙️Remarkable economic growth across Botswana, Angola and Seychelles.
http://www.bkcapital.rw/
🎉 A huge thank you to all our amazing listeners around the world for helping Good Morning Africa reach 100k downloads and making us the 7th most listened-to podcast in Africa! 🌍🙏 We’re incredibly grateful to our guests, our hardworking podcast team, and our partners for their support. Here's to more milestones ahead—we can’t wait to keep growing with you! 🚀 #ThankYou #Milestone #GoodMorningAfrica
🎙️ Rwanda's Economy Grows 9.8% in Q2 2024.
🎙️Affordable Housing Challenges in Africa (Gerald Kasaato Discusses).
🎙️Nigeria Leads in CBDC Adoption (44 Countries in Pilot Phase).
🎙️PwC Fined and Suspended in China for Evergrande Audit.
🎙️Regfyl Raises $1.1 Million in Pre-Seed Funding.
http://www.bkcapital.rw/
🎙️Financial Inclusion: Mobile Loans and Innovation for the Unbanked.
🎙️Gold Price Hits New Record High at $2,590.
🎙️M-Kopa Ordered to Pay KSh 885.87 Million in Taxes.
🎙️Nigeria's Foreign Exchange Reserves Increase by $621.2 Million.
🎙️Nigeria Shows High Interest in Bitcoin (Google Trends).
http://www.bkcapital.rw/
🎙️Blockchain and GDPR Compliance: Insights from International Association of Privacy Professionals.
🎙️NSE Companies Required to Submit Forward-Looking Calendar.
🎙️Cocoa Futures Surge 37% in September.
🎙️Egypt's Urban Inflation Rate Rises to 26.2%.
🎙️Nigeria's Manufacturing Sector Sees Surge in Tax Contributions.
http://www.bkcapital.rw/
🎙️ AI and Privacy: Balancing Innovation and Data Protection.
🎙️Elon Musk's Starlink Launches in Zimbabwe.
🎙️Thepeer Returns $357,960 to Investors After Shutdown.
🎙️Diageo Partners with Three African Startups for Sustainable Solutions.http://www.bkcapital.rw/
🎙️ Can Africa Absorb $50 Billion in Chinese Debt? (Churchill Oguttu Discusses).
🎙️ FAO Food Price Index Declines in August.
🎙️ Ghana Initiates Eurobond Debt Restructuring.
🎙️ Global Warming Costs African Nations Up to 5% of Economic Output (UN).http://www.bkcapital.rw/
🎙️China Pledges $50B to Africa: Investment or Politics?
🎙️Airtel Nigeria Secures Three New Telecom Licenses.
🎙️Ghana’s Fido Raises $30M for Africa Expansion.
🎙️South Africa’s Current Account Deficit Shrinks to ZAR 64.6B in Q2 2024.
http://www.bkcapital.rw/
🎙️Data Protection and Emerging Technologies in Africa :Zahir Sheikh Discusses.
🎙️Bitcoin Falls Below $56,500.
🎙️Ghana's Private Sector Expands in August (S&P Global PMI).
🎙️Nigeria's Non-Oil Exports Reach $2.7 Billion in H1 2024.
🎙️Ethiopian Airlines Suspends Flights to Eritrea.
http://www.bkcapital.rw/
🎙️MSMEs Drive Africa's Agrifood Transformation :Dr. Agnes Kalibata Discusses.
🎙️JSE Dips 1.6% on US Economic Concerns.
🎙️Nigerian Fintech Waza Raises 14% of Total African Startup Funding in August.
🎙️World Bank Appoints Qimiao Fan as Country Director for Kenya, Uganda, Somalia, and Rwanda.
🎙️South Africa's Economy Grows 0.4% in Q2 2024.
http://www.bkcapital.rw/
🎙️Value Addition in Minerals: Challenges and Policy Alignment (Nabil Alam Discusses).
🎙️AWS Investing $1.7 Billion in Africa by 2029.
🎙️South Africa’s Digital Lag: $5 Billion Potential Awaits.
🎙️Crypto Scams Cost $313 Million in August.
🎙️Fitch Downgrades Uganda's Sovereign Rating.
http://www.bkcapital.rw/
🎙️ Bancassurance: Innovation is Key :David F K Mpanga Discusses.
🎙️ Apple to Increase In-App Purchase Prices.
🎙️ Ampersand Raises $21.5 Million in Series A Funding.
🎙️ Nigerians Paid N1.048 Billion in Kidnap Ransom.
🎙️ Global Air Cargo Demand Remains Strong (IATA Report).http://www.bkcapital.rw/
🎙️Bancassurance: Innovation is Key (David F K Mpanga Discusses).
🎙️Global Airline Industry Continues Post-COVID Recovery.
🎙️Chinese Lenders Increase Loans to Africa.
🎙️African Entrepreneurs Turn to Debt for Funding.
http://www.bkcapital.rw/
🎙️ Banking on Insurance: A Growing Trend in Financial Services.
🎙️Apple Cuts Jobs in Services Division.
🎙️Starlink Now Available in Botswana.
🎙️Flutterwave Receives PSO License from Bank of Uganda.
🎙️Savannah Clinker Makes Counter-Offer for Bamburi Cement.
http://www.bkcapital.rw/
🎙️Dr. Julia Oyet on Managing Financial Crises in Africa.
🎙️JSE Hits New Record High Amid US Rate Cut Expectations.
🎙️CA Supports Safaricom's Concerns Over Satellite Licensing.
🎙️AFC Arranging Project Development Facility for Nigeria's Gas-to-Methanol Plant.
🎙️Kenyan E-commerce Startups Wasoko and MaxAB to Merge.
http://www.bkcapital.rw/
🎙️The impact of Innovation on Africa’s Economic Growth.
🎙️S&P Global Lowers Kenya's Credit Rating (Finance Bill Withdrawal).
🎙️Nigerian Startup Seeks to Revolutionize Food Delivery.
🎙️Ghana Breaks Ground on First Integrated Downstream Petroleum Hub.
🎙️African Development Bank Provides $46 Million for South Sudan's Food Security Plan.
http://www.bkcapital.rw/
🎙️Tanzania's Onesmo Paul Olengurumwa Questions FAFT Recommendations.
🎙️JSE Hits Fresh Record High.
🎙️American Express Expands in Africa Through Partnerships.
🎙️Bolt Blocks Accounts for Fake Ride Requests.
🎙️Kenya Chooses G+D to Print Banknotes.
http://www.bkcapital.rw/
🎙️Ethiopia Bans Petrol/Diesel Car Imports for Diplomatic Missions.
🎙️Market Information and Funding Crucial for SMEs' Impact (Ms. Mumbi Maina Discusses).
🎙️Bank of Botswana Cuts Interest Rates 25 Basis Points.
🎙️TikTok Appoints Kenyan to Safety Advisory Council.
🎙️Twiga Foods Reduces Workforce to Rejuvenate Revenues.
http://www.bkcapital.rw/
🎙️E-Mobility in Sub-Saharan Africa: Challenges and Opportunities :Allan Muumuza Discusses.
🎙️OpenAI Offers GPT-4o Customization for Corporate Customers.
🎙️Ethiopia Working on Restructuring $1 Billion International Bond.
🎙️Qatar Airways Takes 25% Stake in South Africa's Airlink.
🎙️African Fibre Company Liquid Telecommunication Seeks $225 Million Investment.
http://www.bkcapital.rw/
🎙️Kenya airways announces a profit for the first time in a decade.
🎙️Digital Skills Crucial for Africa's Continental Free Trade with Sofian Dahmani.
🎙️Nigeria Issues $500 Million Domestic Dollar Bond.
🎙️ Global Gaming Giants set sights on Africa’s Growing Market.
🎙️Kenya has a plan to increase a key new export: teachers.
http://www.bkcapital.rw/
🎙️Kenya Plans to Reintroduce Controversial Tax Measures.
🎙️Global Beverage Alcohol Market Trends (Emmy Hashakimana Discusses).
🎙️Airtel Africa Announces Second Tranche of Share Buyback.
🎙️MTN Group Posts Half-Year Loss.
🎙️Remittance Flows to Sub-Saharan Africa Decline 0.3% in 2023.
http://www.bkcapital.rw/
🎙️African Airlines See Second Year of Profit (IATA).
🎙️Nigerian Stock Market Declines (1.51%).
🎙️Africa's Richest Man's Refinery Faces Supply Issues.
🎙️South Africa's Unemployment Rate Rises to 33.5%.
🎙️Safaricom Ethiopia Gains 250,000 Subscribers in Q2 2024.
http://www.bkcapital.rw/
🎙️Exposing the Dark Side of Chinese Loan Apps with Egesa Ronald.
🎙️Nigeria’s $500M Dollar Bond: What It Means for Local and Foreign Investors.
🎙️Abuja and Lagos: The Most Affordable Cities for Expats Amid Currency Depreciation.
www.bkcapital.rw
🎙️Ethiopia’s Bold Move: Building Africa’s Largest Airport and Ethiopian Airlines’ $7B Success.
🎙️Kenya vs. Tanzania: The High Stakes of Transit Fees and Regional Competition.
🎙️Namibia Cuts Interest Rates: What Slowing Inflation Means for the Economy.
🎙️Zambia Holds Steady: Central Bank’s Response to Drought and Economic Challenges.
🎙️Afreximbank’s Ambitious Plan: Doubling Intra-African Trade to $40B by 2026.
www.bkcapital.rw
🎙️CBK & Bank of Uganda Cut Rates: Insights with Alex Kakande.
🎙️Pernod Ricard Buys Shares in Jumia’s Secondary Sale.
🎙️TikTok Africa Layoffs: The June 2024 Impact.
🎙️Bank of Tanzania Eases Regulations for Fintech Startups.
🎙️Afreximbank to Double Intra-African Trade Financing by 2026.
🎙️ De-risking, Financial Inclusion, and Legal Insights with Haider Dingomar.
🎙️Fitch Ratings affirms Mozambique's Long-Term Foreign-Currency IDR at 'CCC+.
🎙️AU Executive Council approves “Continental AI Strategy” for public and private sector adoption.
🎙️AfDB approves $40M risk cover for Dashen Bank’s trade finance activities.
🎙️Ghana inaugurates its first gold refinery, enhancing resource value.
Airtel Africa announced the purchase of more of its shares from Citigroup Global Markets
Startup accelerator Founders Factory Africa is rebranding to 54 Collective
Meta’s dedication to support creatives in the continent- Kenyan content creators can now run ads on Facebook.
The Central Bank of Kenya (CBK) cut its benchmark lending rate
MTN Uganda’s fintech arm on why their focus has been on enhancing liquidity requirements.
For more visit www.bkcapital.rw
🎙️FATF's Black and Grey Lists: Implications for Countries - Bright Besigye Discusses.
🎙️Meta Launches $2 Million Llama 3.1 Impact Grants.
🎙️Mobius Motors Enters Voluntary Insolvency.
🎙️African Startups Raise $420 Million in July.
🎙️Nigeria's Foreign Portfolio Investment Up 14% in H1 2024.
www.bkcapital.rw
🎙️Countering Terrorism Financing in Africa (Christopher Suna Kayoshe Discusses).
🎙️Crypto Market Crashes Amid Geopolitical Tensions.
🎙️Fitch Downgrades Kenya's Sovereign Rating.
🎙️Tanzania Signs $77 Million Contract for Iron Ore Mining.
www.bkcapital.rw
🎙️African Startup Funding Slumps 31% in H1 2024- The Big Deal.
🎙️Two-thirds of Africans Can't Afford a Healthy Diet -FAO.
🎙️Salient Advisory Releases Top 20 African Healthcare Innovators.
🎙️Global Air Passenger Traffic Up 9.1% in June -IATA.
www.bkcapital.rw
🎙️David F.K Mpanga on Corruption’s Impact on Ugandan Investments.
🎙️JSE Dips 1.1% on Thursday.
🎙️TotalEnergies Acquires SN Power's Hydro Projects.
🎙️Kenya and Nigeria Lead Google for Startups Accelerator Africa Cohort.
www.bkcapital.rw
🎙️Digital Rights & Privacy: A Conversation with Edrine Wanyama.
🎙️NSE Inaugurates Linzi Sukuk Bond.
🎙️Africa-Asia Air Cargo Routes See 37.5% Growth.
🎙️Ethiopian Airlines Posts $7 Billion Revenue.
🎙️Uber Partners with BYD for 100,000 EVs.
🎙️TotalEnergies Acquires SN Power's Hydro Projects.www.bkcapital.rw
🎙️Cybercrime & Financial Background Checks: Can They Stop Fraud? (Eric Mugo Discusses).
🎙️US Moves $2 Billion Worth of Bitcoin from Silk Road Stash.
🎙️Ethiopia Liberalizes Foreign Exchange Market Ahead of IMF Meeting.
🎙️IMF Approves $3.4 Billion for Ethiopia Under ECF.
🎙️Kenya and Uganda to Extend Petroleum Products Pipeline.
www.bkcapital.rw
🎙️Business Advisory in Uganda Amid US Advisory, David F.K Mpanga Discusses.
🎙️Kilimall Plans East African Expansion.
🎙️Airtel Africa Reports 120% Profit Growth.
www.bkcapital.rw
🎙Digital Fraud Threatens Financial Inclusion (Eric Mugo Discusses).
🎙Nigeria to Issue $500 Million Domestic Foreign Currency Bonds.
🎙Innovative Funding Models Needed to Prevent African Food Shortages (IFAD).
🎙Nigeria's New Minimum Wage Worth $44.
🎙Malawi Central Bank Holds Rate at 26%.
🎙Zambia's Inflation Hits 15.4% in July (Highest Since December 2021).
www.bkcapital.rw
🎙Visa's Basil Kithinji on Evolving Financial Fraud.
🎙Netflix Raises Prices in Nigeria by 40%.
🎙Africa Explores Establishing African Central Bank, Investment Bank, Monetary Fund, and Pan-African Stock Exchange.
🎙South Africa Seizes $109.5m in Chemicals Used for Illicit Drugs.
🎙African Credit Rating Agency to Be Established by Next Year.
www.bkcapital.rw
🎙South Sudan's GDP to Contract in 2023/24 (Oil Pipeline Vandalism), Expected to Recover in 2024/25, Akol Dok Discusses
🎙JSE Ends Day Up 0.27% After Morning Losses.
🎙Nigeria Raises Benchmark Interest Rate to 26.75% (4th Hike in 2024).
🎙Google Backtracks on Phasing Out Third-Party Cookies (Privacy Sandbox Approach).
🎙African Ministries Agree on Measures to Fight Climate Change.
www.bkcapital.rw
🎙Future of Corporate Governance,Pheona Wall Discusses.
🎙Egypt Keeps Record High Interest Rate at 27.25%.
🎙INTERPOL Blocks Over 720 Fraudulent Bank Accounts in West Africa.
🎙African Startups Backed by Google Raise $266 Million from VCs (3 Years).
🎙Netflix Adds 8 Million New Subscribers in Q2 2024.
www.bkcapital.rw
🎙Meet the CEO: Meet Phion Wall, CEO of the League of East African Directors (LEAD).
🎙Zimbabwe's ZiG Currency: Slow Adoption (Only 20% of Transactions) (Highlights the currency and low usage).
🎙Gallup Survey: Respect for Women in Africa Declines (Highlights the survey finding and continent).
www.bkcapital.rw
🎙Young Corporates & Board Appointments (League of East African Directors Discusses).
🎙Bank of Uganda to Buy Gold Directly from Artisanal Miners.
🎙Bitcoin Surges Above $65,000 on Renewed Bullish Sentiment.
🎙Uganda: Lost $46.16 Billion in Oil Revenue Over 12 Years (NEITI Report).
🎙IMF Lowers Nigeria's 2024 Growth Forecast to 3.1%.
🎙UAE Central Bank Partners with Ethiopia for Currency Swap Agreement.
www.bkcapital.rw
🎙Correlation Between Software Development and VC Investment (Micheal Niyitegeka Discusses).
🎙Tanzania Requires Tourists to Use Local Currency for Fees.
🎙Africa's AI Market Valued at $400 Billion (GSMA Report).
🎙Nigerians Paid $1.3 Billion in Bribes in 2023 (Government Survey).
🎙Africa's Economic Recovery at 75% (Knight Frank Report).
www.bkcapital.rw
🎙Rwanda Election Analysis: Economic Gains & Future Prospects: Ted Kaberuka Discusses.
🎙Cocoa Prices Fall on Improved Weather Outlook in West Africa.
🎙Bitcoin Jumps Above $62,000 on Failed Assassination Attempt on Trump (Market Speculation).
🎙IMF Lowers Botswana's 2024 Growth Forecast to 1% (Diamond Production Decline).
🎙Zimbabwean Banks Support Early Adoption of ZiG Currency (Subject to Economic Stability).
🎙Nigeria's Inflation Hits 17-Year High of 34.19% in June (Fuel Subsidy Removal & Currency Weakness).
www.bkcapital.rw
🎙Software Development's Impact on Digital Economy Growth (Lillian Nakassuja Discusses).
🎙JSE Hits New Record High at 81,350 Amid Positive Global Sentiment.
🎙Nigerian Naira Falls to New Low of N1,563.80/$1.
🎙Angola's Inflation Reaches 14-Month High of 31% in June 2024.
🎙African Group Nominates Ngozi Okonjo-Iweala for Second Term as WTO Chief.
www.bkcapital.rw
🎙 Meet the CEO: Meet Michael Niyitegeka, Executive Director of Refactory Limited.
🎙Nigeria's Daily Oil Production Up Slightly in June (1.276 Million Barrels).
🎙Tanzanian Firm Seeks to Acquire Kenya's Bamburi Cement (Up to 100% Stake).
www.bkcapital.rw
🎙Central Banks of the Future: Standard Setting with Dr. Louis A. Kasekende.
🎙JSE Dips for Fourth Consecutive Session.
🎙Ethiopia Sets New Policy Interest Rate at 15%.
🎙African Remittance Startup Africhange Launches in UK.
🎙Ghana's Inflation Slows to 22.8% in June.
🎙Nigeria Sees Decline in Active ISPs (242 in July).
www.bkcapital.rw
tuneshare
more_vert
🎙Moody's Downgrades Kenya's Sovereign Rating to Caa1 Negative (Kakande Alex Explains).
🎙Moody's Acquires GCR, a Leading African Credit Rating Agency.
🎙Uganda Lobbies Kenya to Lower Fees for Importing Refined Petroleum Products.
🎙Nigerian Banks See Significant Drop in Losses from Financial Fraud in Q1 2024.
🎙Naira loses key support on ravaging U.S. dollar.www.bkcapital.rw
🎙️Zambia Central Bank Governor Discusses Climate Risk Management and Risk-Based Banking Supervision (Dr. Denny H. Kalyalya).
🎙️Bitcoin Falls Below $55,000 Amid Continued Sell-Offs.
🎙️South Africa's Foreign Reserves Rise Slightly in June 2024.
🎙️Zambia's Manufacturing PMI Declines for Seventh Month.
🎙️African Startup Funding Drops 31% in H1 2024.
www.bkcapital.rw
🎙 Meet the CEO: Meet Umaru Ssenyonjo, Co-founder and Director of communications at Educate an Orphan.
🎙African Airlines Expected to See Second Year of Profit ($100 Million Net Post-Tax).
🎙 Afreximbank Warns: Divesting from Fossil Fuels Could Cost Nigeria $30 Billion.
www.bkcapital.rw
🎙 Impact of Counterfeit Alcohol Trade on Investment (Agnes Nantongo Ssali Discusses).
🎙Bitcoin Faces Selling Pressure as German Government Sells More.
🎙Kenya's Economy Grows 5% in Q1 2024.
🎙Ghana Manufacturing PMI Declines in June 2024.
🎙Only 13% of Nigerians Have Reliable Electricity (Afrobarometer Survey).
🎙 Rwanda Central Bank Celebrates 60 Years, Discusses AI in Supervision (Babak Abbaszadeh Interview).
🎙 Nigerian Stock Exchange Sees Strong Growth in First Half of 2024 (33.81%).
🎙 Nigeria's Capital Importation Up 210% in Q1 2024.
🎙Morocco's GDP Growth Slows to 2.5% in Q1 2024.
🎙Zambia Airways Resumes Flights to Tanzania After 16-Year Hiatus.
www.bkcapital.rw
tuneshare
more_vert
🎙Revamped Amahoro Stadium Ready for Global Events (Rwanda).
🎙JSE Up as Ramaphosa Retains Finance Minister.
🎙South Africa Risks Losing Climate Funds Over Coal Plants.
🎙Kenya's E&Y Debarred from World Bank Projects for 30 Months.
🎙Global Remittance Flows Moderate in 2023.
www.bkcapital.rw
tuneshare
more_vert
🎙Uganda's CIS Market Booms, Aims to Rival Morocco (Dickson Ssembuya Discusses Growth & Innovation).
🎙Nigeria's T-Bill Debt Soars 60% to N10.4 Trillion in 3 Months.
🎙Central Bank of Kenya Licenses 7 More Digital Lenders.
🎙Launch Africa Ventures Invests $4.3 Million in 16 African Startups (Second Fund).
🎙South Africa's Foreign Direct Investment Rebounds in Q1 2024.
tuneshare
more_vert
🎙️Kenya’s Ruto bows to pressure.
🎙️Nigeria allows forex sales by IMTOs to stabilize naira.
🎙️African airlines losing revenue from untapped routes - Airbus study reveals.
🎙️News business struggles with ad revenue decline and reader resistance to paying for online content.
www.bkcapital.rw
In the 2024/25 bill, the Kenyan government aims to raise $2.7 billion in additional taxes to reduce the budget deficit and state borrowing. Kenya's public debt stands at 68% of GDP, higher than the 55% of GDP recommended by the World Bank and the International Monetary Fund.
Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024.
🎙Botswana Unemployment Rate Nears 2008 High.
🎙Global ESG Trends: Transition Plans, Geopolitics, AI & Circularity :Dr. Martin Odour-Otheino Discusses.
🎙Bitcoin Drops After German Sell-Off.
🎙Kenya Successfully Repays $556.97 Million Eurobond.
🎙Ghana Nears Debt Restructuring Deal for $13 Billion.
www.bkcapital.rw
tuneshare
more_vert
🎙Foreign direct investment flows to Africa fell by 3% in 2023.
🎙Aligning Your Business for Funding with Remedial Health.
🎙Africa Seed I Fund Reaches First Close at $50 Million.
🎙$1.2 Billion Pledged to Produce Vaccines in Africa.
🎙Kenya's Fintech Uses AI to Expand Loan Services.
www.bkcapital.rw
🎙Kenya: Protests Erupt Over Tax Bill, Despite Parliamentary Approval.
🎙Nvidia Becomes World's Most Valuable Company ($3.34 Trillion Market Cap).
🎙Namibia's Economy Grows 4.7% in Q1 2024 (Fastest Pace in a Year).
🎙South Africa: Transnet to Appeal Court Ruling in Tariff Dispute.
http://www.bkcapital.rw
🎙Amendments Proposed to Kenya's Finance Bill 2024 .
🎙Future-proofing banks: Digitalization and ESG considerations.
🎙JSE Surges to All-Time High, Extending Gains.
🎙Namibia Holds Rates Steady at 7.75%.
🎙Kenya Proposes Raising Minimum Capital Requirement for Banks.
http://www.bkcapital.rw
🎙 Afreximbank Annual Meeting Focuses on 'Owning Africa's Destiny'.
🎙South African Stocks Rise on Political Developments (JSE Up Nearly 2%).
🎙African Startup Funding Slows Down in 2024 (Fintech Drop a Key Factor).
🎙 Afreximbank Identifies Debt as Major Hurdle for African Growth.
🎙 Ghana's Economy Sees Strongest Growth in Q1 2024 (4.7% Year-on-Year).
🎙Data Protection Trends: AI's Role & Blockchain's Future (Paul Macharia Discusses).
🎙Nigeria's Inflation Hits 17-Year High of 33.95% in May 2024.
🎙UNICEF: $180 Billion Needed Annually for African Children's Education (SDG on Education).
🎙Ethiopia Opens Banking Sector to Foreign Participation.
🎙AI Personalization & Immersive Tech to Shape Digital Marketing's Future.
www.bkcapital.rw
🎙Should Uganda Renegotiate Debt? Expert Weighs In (Mr.Stephen Mpuuga Kaboyo)
🎙South African Rand Gains on Unity Government Deal.
🎙Global Baggage Mishap Rates Decline Again (SITA Report).
🎙Kenya to Divest State Holdings in NSE Firms.
🎙Global Economy Expected to Stabilize, But Growth Remains Weak (World Bank Report).
www.bkcapital.rw
🎙Ghana Finalizes Debt Deal, Paves Way for IMF Aid.
🎙Kenya's Central Bank to Open Up Payments Market to Fintechs.
🎙IMF Approves $976 Million for Kenya (Staff-Level Agreement).
tuneshare
more_vert
🎙Data Privacy: Key Questions for a Robust Framework (BDO East Africa).
🎙Nigeria's Trade Surplus Soars to NGN 2,158 Billion in March 2024.
🎙30,000 African Government Workers to Get AI Training (Intel-ADB Partnership).
🎙EU Raises Visa Fees as African Visitor Rejection Rates Remain High.
🎙Senegal's Inflation Slows to Four-Month Low of 2.1% in May 2024.
tuneshare
more_vert
🎙Zambia Eurobond Restructuring: A 3.5 Year Wait (Lessons Learned?) .
🎙 Ecobank Shuns Capital Markets for $600 Million Raise (Nigeria).
🎙Africa Gets New Food Safety Guidelines for Informal Sector.
🎙African Airlines See 6% Rise in Available Seats (May 2023-2024).
🎙Uganda Banks Embrace ESG Framework: Deputy Governor Discusses Sustainability.
🎙Uganda Holds Rates at 10.25% (Highest Since 2017).
🎙World Bank Approves $1.2 Billion for Kenya (Fiscal & Climate).
🎙$300 Million Boosts Seeds & Inputs for Small Farmers in Kenya, Tanzania & Nigeria.
🎙Agri-Data Platform Gro Intelligence Shuts Down.
share
more_vert
🎙Senegal Borrows $750 Million on Eurobond Market.
🎙 Global E-Waste Soars to 62 billion Kilograms (2022).
🎙 Ethiopia Opens Biggest Electric Vehicle Factory.
🎙 Uber & Bolt Threaten Kenya Exit Over Proposed Taxes.
🎙 SecondSTAX CEO Eugene Tawiah on Women in Capital Markets.
🎙 JSE Dips as Elections & Rate Decision Loom.
🎙 African Businesses Lag in Digital Transformation (IFC Report).
🎙 South African Reserve Bank Holds Key Rate at 8.25%.
🎙 Global Air Cargo Demand Soars Again (IATA Report).
🎙 Aligning Your Business for Funding with Remedial Health.
🎙 MTN Uganda Seeks Local Investors for Leftover IPO Shares.
🎙 African Central Banks Urged to Cut Rates to Help Small Businesses.
🎙 Zambia Bondholders Back Restructuring Proposal (90%).
🎙 Zimbabwe 8th African Nation to License Elon Musk's Starlink.
🎙 Aligning Your Business for Funding with Remedial Health.
🎙 MTN Uganda Seeks Local Investors for Leftover IPO Shares.
🎙 African Central Banks Urged to Cut Rates to Help Small Businesses.
🎙 Zambia Bondholders Back Restructuring Proposal (90%).
🎙 Zimbabwe 8th African Nation to License Elon Musk's Starlink.
🎙 Ghana Borrows $1.5 Billion to Fund Cocoa Purchases.
🎙 Kenya Budget Series: Manufacturing, Construction Taxes & Gaming Industry.
🎙 Counterfeit Goods Cost Africa Billions in Lost Revenue (AfrIPI) .
🎙 Africa Needs to Double Internet Spending to $6 Billion Annually.
🎙 Ghana Borrows $1.5 Billion to Fund Cocoa Purchases.
🎙 Kenya Budget Series: Manufacturing, Construction Taxes & Gaming Industry.
🎙 Counterfeit Goods Cost Africa Billions in Lost Revenue (AfrIPI) .
🎙 Africa Needs to Double Internet Spending to $6 Billion Annually.
🎙 Kenya's Finance Bill, who are the real winners?
🎙 African Brands Stuck at 14% Share.
🎙 Mastercard & iHub Invest $100,000 in African Edtech Startups.
🎙 Kenyan E-Commerce Giant Copia Global Goes Under.
🎙 Kenya's Finance Bill, who are the real winners?
🎙 African Brands Stuck at 14% Share.
🎙 Mastercard & iHub Invest $100,000 in African Edtech Startups.
🎙 Kenyan E-Commerce Giant Copia Global Goes Under.
🎙 East Africa: Tax Informality - A Persistent Challenge.
🎙 JSE Up +0.07% (79,210): Resources, Financials & Telecom Lead.
🎙73% of Millennials/Gen Z Want ESG Investments.
🎙 Bolt Offers Flexible Fares for Faster Service.
🎙 Nigeria's Q1 Growth: 2.98% (Down from 3.46%),
🎙 East Africa: Tax Informality - A Persistent Challenge.
🎙 JSE Up +0.07% (79,210): Resources, Financials & Telecom Lead.
🎙73% of Millennials/Gen Z Want ESG Investments.
🎙 Bolt Offers Flexible Fares for Faster Service.
🎙 Nigeria's Q1 Growth: 2.98% (Down from 3.46%),
🎙 Nvidia’s profit increased by more than 600%.
🎙 Tanzania Tax Plans Discussed by Joseph Waziri.
🎙 US Export Bank Criticized for Uneven Sub-Saharan Africa Support.
🎙Microsoft & G42 Invest $1 Billion in Kenya's Digital Future.
🎙TowerCo Tanzania Secures $30 Million Financing.
🎙 Engen & Vivo Energy Merge to Form African Energy Giant .
🎙 Morocco's annual inflation rate dips to a 3-year low of 0.2% in April 2024.
🎙 Kenya's economy grows by 5.6% in 2023, surpassing the previous year's performance.
🎙E-Mobility in Africa: Hype or Reality? Dr. Fred Muhumuza Weighs In.
🎙 Zambia 10 Year Government Bond Yield decreased to a 25-month low of 25.05%.
🎙 Energy Efficiency Leaders Convene in Nairobi to Tackle Climate Change & Boost Lives.
🎙Nigeria's Central Bank Hikes Rates to Record 26.25%.
🎙 Kenya's E-Mobility Future: New EV Taxes Spark Concerns.
🎙African Modern & Contemporary Art Market Sees 8.4% Decline.
🎙Morocco Takes the Lead in African Car Exports.
🎙 Nigeria’s central bank withdraws cybersecurity levy.
🎙 East Africa's Insurance Boom: Ready for Takeoff?
🎙Kenya's E-commerce Star Copia Global Faces Uncertainties.
🎙 Africa's Infrastructure Report 2024: Charting the Path to Industrial.
🎙 Kenya's Q4 2023 Growth Settles at 5.1% .
🎙Africa's Booming Pharma Market Faces Counterfeit Crisis: Can Innovation Help?
🎙 Kenya exempts Zimbabwean travelers from paying the Electronic Travel Authorization
🎙 Angola Raises Rates by 50 Bps to Fight 19.5% Inflation.
🎙 Benin Ends Port Ban, Oil Spigots Open for Niger After Year-Long Spat.
🎙 Tunisia's Economy Inches Up 0.2% After Stagnant.
🎙 Meet the CEO: Meet Samuel Okwuada, CEO & CO-Founder At Remedial Health.
🎙 Emirates to Resume Daily Flights to Nigeria from October 1, 2024.
🎙 Kenya Faces Rising Shipping Costs Amid Escalating Red Sea Attacks.
🎙African Union Commissioner Amani Abou Zeid Addresses Clean Cooking Finance at Summit.
🎙JSE Index Climbs Above 79,000, Driven by Resource Stocks and Financials.
🎙Bank of Tanzania Prohibits Unlicensed Digital Lenders.
🎙Kenya's Proposed 15% Tax on Infrastructure Bond Interest Raises Concerns.
🎙Nigerian Micro-Entrepreneurs Lag in Mobile Money Usage, Survey Finds.
🎙 PwC Study Reveals Impact of Digital Tax Stamps on Ugandan Manufacturing Sector, Simon Kaheru Discusses Tax Impact on East African Community Competitiveness.
🎙 JSE Index Closes Slightly Down at 78,633 as Investors Await Inflation Data.
🎙 American Express Introduces Four New Credit Cards in Nigeria.
🎙 OPay's Valuation Soars to Nearly $3 Billion, Says Opera.
🎙 Ghana to Pioneer Blockchain Technology in E-Government Processes.
🎙 Microsoft is closing down its Africa Development Centre.
🎙 COMESA Competition Commission CEO Discusses Anti-Competitive Practices.
🎙 Safaricom Posts 3.5% Rise in Annual Core Earnings Amid Growth in Home Market.
🎙 AFC Commits €381.5 Million for Road Infrastructure Development in Angola.
🎙 UN Report: Drug Trafficking Surges, Threatening Stability in Africa's Sahel Region.
BK Capital link : https://bkcapital.rw/
🎙 Nairobi Stock Exchange Flourishes: Q1 2024 Market Cap Hits Sh1.8T.
🎙 Effects of the lack of proper implementation of the competition laws in Africa.
🎙Jumia's Q1 2024 Financials Spark 17.92% Surge in Share Price.
🎙 South Africa's Foreign Exchange Reserves Dip to $61.795 Billion in April 2024.
🎙 "Namibia's Annual Inflation Rate Rises to 4.8% in April 2024.
🎙 Ghana's Annual Consumer Inflation Eases to 25% in April 2024.
🎙 The Role of Technology in Unifying Africa’s Capital Markets.
🎙 Jumia Slashes Operating Losses by 70% in Q1 2024.
🎙Nigeria to Implement Revised Cybersecurity Act with Increased Transaction Fee.
🎙 Amazon Enters South African Market: A New Era for African E-Commerce.
🎙 Ensuring Consumer Protection in East Africa: Insights from Commissioner Sam Kuloba Watasa.
🎙 The Nairobi Securities Exchange (NSE) Sees Market Capitalization Surge by 22.79% in Q1 2024.
🎙Kenyan Organizations Secure Exclusive Access to $20 Million Funding for Projects.
🎙 Safaricom-Backed Kenyan Agritech Startup iProcure Enters Administration Over Unsettled Debts.
🎙 Nigerian Logistics Startup Renda Secures $1.9M in Pre-Seed Funding.
🎙 JSE climbs to 76,650, driven by resource stocks, tech, industrials, and retailers.
🎙 The average payment for ransomware attacks has increased by 500%.
🎙NSSF's Alex Rumanyika on Agricultural Sector Ventures.
🎙 Rwanda's Producer Prices Up 13.4% Year-on-Year in March 2024.
🎙 Reserve Bank of Malawi Maintains Benchmark Rate at 26%.
🎙 Morocco's Unemployment Rate Climbs to 13.7% in Q1 2024.
🎙 Meet Eugene Tawiah, the CEO and co-founder of SecondSTAX.
🎙 BK Capital Initiates Coverage of MTN Rwandacell Plc with Positive Outlook.
🎙World Bank Warns: Levelling Commodity Prices Threaten Inflation Prospects.
🎙 Zimbabwe’s new gold-backed currency came into general circulation.
🎙Unlocking Growth: African Capital Markets in Focus with Eugene Tawiah.
🎙 Coca-Cola Eyes IPO for African Bottling Business.
🎙Twiga Foods Appoints New CEO After Founder's Resignation.
🎙 British consumer goods company PZ Cussons may sell its Africa operations.
🎙 Nigeria's Economic Reforms: Insights from CBN Governor.
🎙 Global Upstream M&A Deals Set to Surge in 2024.
🎙Kuda, Moniepoint, OPay, and Palmpay Halt New Account Openings Amidst CBN Directive.
🎙 Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment.
🎙 National Planning Around Scarce resources.
🎙 The JSE index extended early gains to close about 1.4% up at 75,371 on Friday, a leven not seen since mid-April, mirroring global peers.
🎙 Kenya's Competition Authority reports online food and grocery delivery platforms raked in $103 million last year, with an expected annual growth rate of over 19%.
🎙A firm associated with a distant relative of Abu Dhabi's royal family has struck a deal to lend South Sudan €12 billion ($12.9 billion) in exchange for repayment through oil.
🎙 Africa’s total private capital deal volume declined for the first time since 2016, falling by 28 per cent year-over-year (YoY) to 450 deals.
🎙 Meet the CEO: Meet Aéko Ongodia Founder & CEO of XENO.
🎙 Nigerian banks are rushing to meet new capital requirements set by the central bank, potentially sparking the largest mergers and acquisitions wave in the sector in two decades.
🎙 Flutterwave, Africa's leading digital payments firm, undergoes corporate team restructuring in preparation for an IPO, says CEO.
🎙 M-Kopa to inject over $10 million to boost uptake of electric motorcycles.
🎙How can Uganda's fourth National Development Plan be aligned with opportunities under the Africa Continental Free Trade Area during the planning phase?
🎙 The JSE index was up for the fourth consecutive session on Tuesday, trading above the 74,000 level, tracking most of its global peers.
🎙 The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million.
🎙South Africa seeks investors and financing options for South African Airways (SAA) after a previous equity deal fell through.
🎙 IMF forecasts predict that Nigeria, once dubbed Africa's largest economy, is set to relinquish its crown and slide to fourth place this year.
🎙 UN Trade and Development (UNCTAD) has warned of a possible further growth deceleration in 2024, citing falling investments and subdued global trade dynamics.
🎙 A just energy transition in Uganda.
🎙 Meet the CEO: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited
🎙The JSE All Share index remained stable near the 73,000 level on Thursday, hovering close to one-month lows, amid varied quarterly company reports worldwide.
🎙 The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.
🎙 Samsung has overtaken Apple as the leading mobile devices provider.
🎙 Antonio Querido, the FAO Country Representative in Uganda returns to discuss the slow uptake of renewable energy in the Agriculture sector.
🎙 Vodacom Tanzania PLC has acquired broadband internet provider, Smile Communications, after purchasing all its shares to a tune of US$ 27.4 million.
🎙 The UN Trade and Development (UNTD) warns of a continued global economic slowdown in 2024, following a milder-than-expected downturn in 2023.
🎙 Kenya has been ranked after South Africa, Egypt and Nigeria as African countries with the highest number of millionaires.
🎙 Ghana fails to strike a deal to restructure $13 billion of international bonds.
🎙 Exploring the Crucial Role of Argitech in Advancing Climate-Smart Agriculture and Maximizing Yields
🎙 Cocoa futures drop by 7.5% to $10,108 per tonne, attributed to heightened volatility and reduced market liquidity.
🎙 The International Monetary Fund (IMF) has revised down South Africa’s 2024 growth forecast by a marginal 0.1% from a January forecast of 1%, to 0.9%.
🎙 Angola's March 2024 inflation hits 26.09%, the highest since March 2022, with 11 consecutive months of acceleration.
🎙 Tanzania, Rwanda, and Zimbabwe recall Johnson & Johnson cough syrup for toxicity after Nigerian tests.
🎙 Nigeria Inflation Rate hits 28-year highs.
🎙 Cocoa futures reach new high, surpassing $10,800 per tonne, amid global supply concerns.
🎙 Today, we chat with Kazeem Tewogbade and Olumide Soyombo, founders of Blue Chip Technology, about their $60 million balance sheet in 2023 and insights on Africa's ICT sector.
🎙 Moderna suspends Kenyan vaccine plant construction due to $1B loss from falling COVID-19 vaccine demand since 2022
🎙 Uber unveils Uber Teen accounts in South Africa, allowing 13 to 17-year-olds to hail rides with safety measures, announced by Uber sub-Saharan Africa GM Kagiso Khaole on April 11.
🎙 Angola's March 2024 inflation hits 26.09%, the highest since March 2022, with 11 consecutive months of acceleration.
Christian Intwari, the founder of ‘Our Past’, the youth-led initiative that organises aims to educate young people about the 1994 Genocide against the Tutsi and inspire them to take the initiative to rebuild Rwanda.
🎙 Blended Finance: What is it and how can SMEs align themselves to get it?
🎙 Ethiopia's stock market progresses, ESX surpasses capital-raising phase by over 200%.
🎙 Zimbabwe adopts gold-backed currency, ZSE begins trading.
🎙 CBN restructures staff, terminates 40 individuals primarily from DFD.
🎙 Bank of Uganda raises benchmark interest rate by 25 bps to 10.25%.
🎙 World Bank, Ethiopia sign $1.72B loan agreements for infrastructure development.
🎙 African startup closures hit record highs due to funding drought. CEO strategies during this "funding winter" discussed by Mona Ssebuliba of Abi Finance.
🎙 OPEC and allies maintain oil output policy until June.
🎙 Cocoa futures dip after hitting all-time high, now below $9,800/tonne.
🎙 Uganda's economy grows by 5.5% in Q4 2023.
🎙 African airlines see record revenues and seat numbers, per African Airline Association report.
🎙Meet the CEO: Stacy Tusabira CEO of Starr_e Jewellery Empire.
🎙 JSE All Share index rises 1.7% to 75,373, recovering from recent losses.
🎙Tanzania's central bank raises key rate to 6%, citing global inflation pressures.
🎙Stanbic Bank Kenya PMI drops to 49.7, signalling private sector contraction.
🎙Stanbic Bank Uganda PMI falls to 49.3, indicating worsening business conditions.
🎙 Preparing Youth: Skills for Employment and Entrepreneurship.
🎙 JSE All Share Index Dips, IMF Talks with Ethiopia Stall.
🎙 PwC Report Urges Greener Food Production in Africa.
🎙 Kenya Slips to 7th in Africa for Hotel Room Development.
🎙 Kenya shilling gains 19% against USD.
🎙 Bitcoin faces selling pressure ahead of halving
🎙 IFC invests $10.5M in African tech startups
🎙 Thepeer, Nigeria's API startup, shuts down.
🎙 Triply selected for Y Combinator's winter 2024 batch.
🎙 Seychelles economy shrinks by 3.2% in Q4 2023.
🎙 Coursera CEO Jeff Maggioncalda on Technology, AI, and Reskilling.
🎙 Kenyan Currency Strengthens: 30 Units in Two Months, 19% Gain.
🎙 WTI Crude Futures Surge to $83.5, 5-Month High Ahead of OPEC+ Meeting.
🎙 Fitch Ratings: Kenya's 'B' Credit Rating, Negative Outlook.
🎙Morocco's Q4 2023 GDP Growth: 4.1% YoY Surge.
🎙Mauritius Economy Soars: 7.3% Growth in Q4 2023.
🎙 Meet the CEO: Collins Muyanja, CEO at Ranchers Finest Limited.
🎙 South Africa's Trade Surplus Hits ZAR 14 billion in February 2024.
🎙 Botswana Economy Grows 1.9% YoY in Q4 2023.
🎙 Should We Rethink Reskilling on The Continent?
🎙JSE All Share Index Up at 73,920: Industrials, Financials, Telecom Lead.
🎙 South African Rand Edges Up to 18.89/USD on Rate Expectations.
🎙Bank of Tanzania to Sell US Dollars to Combat Shortages.
🎙Mozambique's Central Bank Cuts Key Interest Rate to 15.75%.
🎙South African Reserve Bank Holds Repo Rate at 8.25%.
🎙Kenya Airways Reduces Annual Net Loss, Achieves Operating Profit.
🎙African Tax Revenue: Bridging the Gap for Public Services.
🎙Africa Finance Corporation Closes Largest-Ever Debt Facility.
🎙Zambia Strikes Deal with Private Creditors on $3 Billion Bond Restructuring.
🎙Nigeria's Central Bank Raises Key Rate to Record 24.75% to Tackle Inflation.
🎙East Africa Plans Common Goods Standard to Combat Counterfeits.
🎙 Meat Processing Industry: Potential and Growth Barriers.
🎙Startup Shutdown: $200M Operational Investments Lost in Africa.
🎙Stanbic Uganda Posts 15.2% Profit Growth, Hits Shs412 Billion.
🎙Bank of Ghana Maintains Benchmark Rate at 29%.
🎙 How can local economies be lifted to impact their communities and contribute to GDP ?
🎙 Naira Slightly Appreciates, Trading at N1,431.49 to Dollar.
🎙Global Experts Adress Africas Nations Climate Funding Grievances.
🎙UN Report: International Trade Set for Rebound in 2024.
🎙A look at Retirement Benefits Utilisation.
🎙Top Egyptian investment bank mulls partial IPOs and capital hikes for businesses like Valu to boost shareholder value.
🎙Gold surpasses $2,200/ounce, hitting record highs on Thursday as investors anticipate central bank easing.
🎙 The Central Bank of Nigeria on Wednesday announced it has cleared all ‘valid’ foreign exchange backlogs.
🎙Farmers to earn more from UK flower exports after suspension of 8% duty fee.
🎙Trade Patterns Shift: Focus on Resilience and Regulatory Cooperation.
🎙Angola's Crude Oil Output on Recovery Path Post-OPEC Exit.
🎙DRC Achieves Record Copper and Cobalt Output in 2023.
🎙Ghana's GDP Grows 3.8% YoY in Q4 2023, Fastest Since Q2 2022.
🎙 British Owner's Bid to Fully Acquire PZ Cussons Nigeria Fails Due to Regulatory Holdback.
🎙Unilever Plans Global Job Cuts, Aiming to Save 684 million Euros.
🎙South Africa's Inflation Hits 5.6% in Feb 2024, Exceeding Forecasts.
🎙MTN Uganda's Advancing Women Entrepreneurs Program Unveils 118 Entrepreneurs.
🎙WTI Crude Futures Surpass $83.4/Barrel, Highest Since October.
🎙DP World Vows Legal Battle for Doraleh Container Terminal in Djibouti.
🎙 National Bank of Morocco Holds Benchmark Interest Rate at 3% Amid Inflation Decline.
🎙Digital Business Loans Decrease Amid Economic Challenges in Kenya, Lenders Shift to Consumer Credit.
🎙Preventing Future Strikes: Building Trust with Workers for Prosperity
🎙 Cocoa Futures Hit Historic High: Surpass 8,400/pound
🎙 Nigeria's Oil Production Dips to 1.36M bpd in Feb 2024
🎙 Moroccan Manufacturing Grows 8% YoY in Q4 2023.
🎙 31 Countries to Trade under AFCFTA by Year's End.
🎙Cable Cuts Impact West African Telecom Services.
🎙Edtech startups in Africa raised $24.6 million or 0.7% of Africa’s total funding in 2022, according to data from Disrupt Africa.
🎙Prime Energy Plc a hydropower company received approval from the Capital Market Authority in Rwanda to issue the country's maiden green bond.
🎙The regional bank, Equity Group beat its African peers to emerge the strongest banking brand on the continent and second in the world, according to the 2024 Brand Finance rankings.
🎙Nigeria's annual inflation rate soared to a fresh 1996-high of 31.7% in February 2024, up from 29.9% in January and above market forecasts of 31%, mainly due to the effects of oil subsidy removal and devaluation of the naira.
🎙Meet the CEO: Abdulrahman Niyonizeye Founder and CEO of Smart Class Rwanda.
🎙Cocoa Futures Retreat to Around 7,300/lb After Record Rally, Liquidation Pressure.
🎙South Africa Mining Production Falls 3.3% YoY in January 2023, Missing Forecasts.
🎙Ethiopia's Annual Inflation Rate Eases to 28.2% in February 2024.
🎙Global cooperation has been critical for the impressive expansion of well-being and opportunities in the past 70 years.
🎙Bitcoin pushed further into record territory on Wednesday as a rally in cryptocurrencies continued apace.
🎙Cocoa futures resumed their upward trend to trade around 7,950 per pound, marking a new historic high, attributed to ongoing supply concerns in West Africa.
🎙BK Capital has today launched the Tekana Personal Pension Scheme.
🎙Ghana's annual consumer inflation eased slightly to 23.2% in February 2024, compared with 23.5% in January but still well above the central bank's target band of 6% to 10%.
🎙The annual inflation rate in Angola accelerated for the 10th straight month to 24.07% in February 2024, up from 21.99% in the previous month and marking its highest reading since May 2022.
🎙Technology is revolutionising global commerce and investment, and digitalizing the trade ecosystem holds the potential to increase trade by nearly $9 trillion by 2026 within the G7 alone.
🎙 WTI crude futures surged past $78 per barrel on Tuesday, fueled by OPEC's optimistic outlook on global oil demand growth in 2024 and 2025.
🎙 Economic growth surprised to the upside in Rwanda, with the latest national accounts data indicating that the economy expanded by a stellar 8.2% in 2023 – against our forecast of 6.7%.
🎙 Namibia and South Africa are in talks to launch infrastructure projects worth R7bn ($377 million) over the next three years to address current rail and port inefficiencies.
🎙 The Capital Markets Authority has invited the public and stakeholders to give heir views on proposed amendments to proposed trading regulations.
🎙 How will trade and trade policy develop over the coming year? How are emerging technologies transforming global trade?
🎙 Bitcoin reached a new all-time high exceeding $71,800 on Monday as the UK opens up to crypto exchange-traded products.
🎙 The JSE All Share index was slightly down around 73,460 on Monday, following three consecutive sessions of advances.
🎙 Global investment bank Goldman Sachs said it sees the Nigerian naira gain more ground against the US dollar in the next twelve months.
🎙 The annual urban inflation rate in Egypt accelerated for the first time in five months to 35.7% in February 2024 from January's 12-month low of 29.8% and far above forecasts of 25.1%.
🎙 The annual inflation rate in Rwanda inched up to 3.2% in February 2024 from 3.1% in the previous month, which was the lowest inflation rate since January 2022.
🎙 Bitcoin hits 70K USD, The Red Sea attacks and what that means for global inflation.
🎙 TowerCo of Africa Uganda secures $40M for rural mobile network expansion, fostering digital empowerment and economic growth.
🎙 Bitcoin Hits $70K Milestone, Driven by Central Bank Rate Cut Expectations and ETF Demand.
🎙Gold Hits Record High Near $2,200/ounce on Jobs Report, Rate Cut Expectations.
🎙 OPEC+ Crude Production Up 212,000 bpd in February: Rystad Energy.
🎙IWMI Southern Africa: African Nations Can Enhance Social Benefits, Sustainability Through Resource Efficiency and Circular Design.
🎙IMF Warns: Red Sea Vessel Attacks by Yemen's Houthis Raise Inflation Risks, Especially in Sub-Saharan Africa.
🎙 Meet the CEO: Lucy Asiimwe from The Neycha Accelerator & Fund.
🎙The JSE All Share index closed nearly unchanged at 73,604 on Thursday, with gains in gold miners balanced by weakness in financials and industrials.
🎙 Research body Economist Intelligence Unit projects the global GDP growth at 2.4 per cent this year from last year’s 2.3 per cent.
🎙 Uganda’s President President Yoweri Kaguta Museveni is calling for increased information sharing
🎙Gold Hits Record-High of $2,146/ounce as Fed Chair Signals Rate Reduction
🎙 EGX 30 Hits Record High at 32,150 After Egypt Central Bank's Bold Moves.
🎙 Egyptian Pound Nears 50 per USD Mark Amid Fourth Devaluation Since 2022
🎙 Bank of Uganda Raises Benchmark Interest Rate to 10% on Inflation, Currency Concerns.
🎙Egypt's Central Bank Hikes Interest Rates by 600bps to Record Highs.
🎙 Why should African governments strengthen governance and institutionalise debt management capacity.
🎙 Bitcoin Surges Nearly 6% to $66K, Targets All-Time High on Strong US Bitcoin ETF Demand.
🎙 OPEC+ Extends Voluntary Production Cuts Through Second Quarter of 2024.
🎙 South African Economy Grows 0.1% in Q4 2023, Below Expected 0.3%.
🎙 S&P Global Egypt PMI Dips to 47.1 in February 2024 from 48.1 in January.
🎙 Africa Faces $2.5 Trillion Climate Finance Gap by 2030, UN Official Warns
🎙 Africa to Maintain Fastest Growth, Exceeding Global Average in 2023: Macroeconomic Outlook Report Forecasts 11 of Top 20 Fastest-Growing Economies in 2024
🎙 Bitcoin (BTC) Surges Past $65,000, Nears Record High as Bullish Bets Soar
🎙 The JSE All Share index traded slightly up around 73,260 on Monday, mainly driven by heavyweight resource-linked stocks and industrials.
🎙 Businesses across Africa could see a significant rise in revenue and sales by leveraging artificial intelligence according to Google
🎙 South Africa Hosts ARSO/TC 59 Meeting to Enhance Technical Standardisation in African Automotive Industry.
🎙 Over $200B (Sh29.1T) cargo diverted from Red Sea/Suez Canal since attacks by Iran-backed Houthi rebels in Yemen since December.
🎙 MTN Group Sees 90% Profit Plunge Due to Nigerian Currency Devaluations since June.
🎙 Kenya and Tanzania are the most affected economies in the East Africa region as vessel movement through the Suez Canal fall, a report indicates, amid continued disruption in international trade.
🎙 Kenya is the second most attacked country by cyber criminals in the Middle East, Turkey and Africa region (META), new industry insights show
🎙Africa's Economies Outpace Global Growth Amid Challenges.
- Catalysing investments in progressive forestry.
- Bitcoin was up 4% on the day and nearly 50% this month.
- Cocoa prices continued to rally, surpassing $6,800 per tonne, a new historic high
🎙Why do governments need to invest in agro-processing infrastructure and long-term financing, and how are the opportunities in the Middle East market present to Africa?
🎙The JSE All Share index rose about 0.3% to finish at 73,218.
🎙Tunisia's economy contracted by 0.2% year-on-year in the fourth quarter of 2023, following an upwardly revised 0.3% decline.
🎙Nigeria's annual inflation rate climbed to a 28-year high of 29.9% in January 2024, up from 28.9% in December and above market forecasts of 29.5%.
🎙The annual inflation rate in Botswana quickened to 3.9% in January 2024 from 3.5% in the prior month.
🎙The annual inflation rate in Angola accelerated for the 9th straight month to 21.99% in January 2024, up from 20.01% in December.
🎙Ghana’s annual inflation rate rose to 23.5% in January 2024, from 23.2% in the prior month, staying well above the Central Bank's target band of 6% to 10%.
🎙What measures need to integrate themselves into an uncertain future while rebuilding trust in the system?
🎙The JSE All Share index was trading below the 73,000 level on Wednesday.
🎙Kenya has successfully issued a new Eurobond worth $1.5 billion (Sh238 billion) to buy back the inaugural one due on June 24.
🎙Small and Medium-sized Enterprises (SMEs) championing green transition are set to benefit from a deal between FSD Africa and the African Guarantee Fund (AGF).
🎙The International Energy Agency (IEA) is launching a program to secure the supply of minerals critical to energy security as demand rises fast while manufacturing remains in the hands of a few key producers.
🎙 What are the comparative advantages the East African countries have over each other in the apparel industry and what can they learn from Ethiopia?
🎙Bitcoin rallied to its highest price since December 2021 as the world's top cryptocurrency cleared the $50,000 price level.
🎙Mining production in South Africa rose by 0.6% from a year ago in December 2023, following an upwardly revised 6.9% jump in the prior month and compared with market forecasts of a 4.9% advance.
🎙Industrial production in Senegal dropped 7% year-on-year in December 2023, accelerating from a 0.5% fall in the previous month.
🎙African Risk Capacity (ARC) has entered into a landmark $11.7-million partnership with the US government to increase access to parametric insurance in Africa.
🎙 What are the key driving forces that will shape the long-term future of cybersecurity?
🎙The JSE All Share index was slightly down to 73,315.
🎙Uganda’s central bank raised 1.3 trillion shillings ($339 million) in a rare private placement Treasury bond auction against a target of 1.5 trillion shillings.
🎙The annual inflation rate in Senegal accelerated to 2.1% in January 2024 from an over two-year low of 0.8% in the previous month.
🎙Egypt's largest private lender, Commercial International Bank (CIB), is looking to expand operations in Kenya in a bid to tap into the growing trade between Kenyan enterprises and the North African state.
🎙The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group (TDB Group) to support clean technology and low-carbon projects in its member states.
🎙 Understanding the real estate market, players and why the property index is invaluable.
🎙Bitcoin (BTC) crossed $46,000 early Friday, as the CoinDesk 20 Index (CD20) jumped over 2%. Bitcoin is said to rise as much as $48,000 in the coming days, predicting a gain of at least 11%.
🎙UNCTAD urges urgent reform in global debt architecture as external debt hits $11.4 trillion, draining resources for development and impacting 3.3 billion.
🎙The annual inflation rate in Rwanda fell to 3.1% in January 2024 from 6.4% in December 2023.
🎙Kenya cyber threats increased to more than 1.2 billion cases recorded from 123 million threats detected in the previous quarter, representing a 943 per cent jump.
🎙 Meet Jackie Kirabo: Co-Founder of Nate Nutrition Specialists
🎙The JSE All Share index was down on Thursday, trading below 74,100.
🎙The annual urban inflation rate in Egypt eased for the fourth consecutive month to 29.8% from 33.7% in December, falling below market expectations of 32.5%.
🎙Tanzania's annual inflation rate stood at a three-year low of 3% in January 2024.
🎙 What are the reasons and outcomes of the forex exchange shortages in Africa?
🎙South Africa's gross foreign exchange reserves fell to $61.188 billion in January 2024, down from a record high of $62.518 billion in the previous month.
🎙The Central Bank of Kenya raised its benchmark rate by 50 bps to 13% at its meeting on February 6th 2024, following a massive 200 bps hike in December.
🎙Kenya and Japan’s motor vehicle giant Toyota have entered into a vehicle manufacturing deal that will see the firm set up a base locally. Toyota commits an initial investment of Sh800 million.
🎙Safaricom’s M-Pesa Ethiopia operations recorded Sh44.9 million in revenue.
🎙The immense pressure interest rates have on private sector credit demand and how African countries use land as an asset vs active investments in stock portfolios.
🎙MTN and Mastercard have signed a definitive agreement for a minority investment of up to $ 200 million into MTN Group Fintech at a valuation of $ 5.2 billion on a cash and debt-free basis.
🎙The Nafex exchange rate is trading above N1,400/$ in late January.
🎙The Bank of Uganda kept its benchmark interest rate steady at 9.5% during its meeting on February 6th 2024.
🎙The trade deficit in Uganda narrowed to USD 446.8 million in December 2023 from USD 453.4 million in the same period in the previous year.
🎙The unemployment rate in Morocco rose to 13% in the fourth quarter of 2023, from 11.8% in the same period a year earlier.
🎙The annual inflation rate in Tunisia eased for the fifth straight month to 7.8% in January 2024 from 8.1% in December 2023.
🎙 Future-proofing of Global supply chains and why politics should be left out.
🎙 The JSE All Share index hovered just below the flatline around 74,320.
🎙The S&P Global Ghana PMI dropped to 48.4 in January 2024, down from a four-month high of 51.8 in December.
🎙The Stanbic Bank Zambia PMI dropped to 49.2 in January 2024 from 49.6 in the previous month.
🎙The Standard Bank Mozambique PMI shrank to 47.8 in January 2024 from 48.8 in the previous month.
🎙The Stanbic Bank Uganda PMI slightly fell to 54.0 in January 2024 from a six-month high of 54.8 the previous month.
🎙 How can leaders mitigate the debt-servicing burden to preserve economic stability and a return to growth?
🎙The FAO Food Price Index fell for a sixth consecutive month to 118 index points.
🎙Kenya approved a secondary bond trading outside the NSE to enhance competitiveness in the country's capital markets, accounting for a Sh 734 billion annual bond turnover.
🎙The upstream industry hopes 2024 can be a bounce-back year, as Rystad Energy has identified 36 potential high-impact wells to be drilled, accounting for almost 64% of the global total oil.
🎙 The Central Bank of Egypt raised its overnight deposit rate by 200 bps to 21.25% and its lending rate to 22.25%, as core inflation decelerated to 33.7% and 34.2%
🎙 What is the role of infrastructure corridors and their means for trade and agriculture?
🎙Nigeria’s naira dropped to a record low against the dollar as low as 1,531 to the dollar on Tuesday, closing at 1,482.57 naira on the official market.
🎙The exit of Burkina Faso, Mali and Niger from the Economic Community of West African States (ECOWAS) could hinder the bloc’s economic growth,
🎙The Central Bank of Nigeria (CBN) has released another $64.44 million in blocked airline funds.
🎙The central bank of Mozambique cut its key MIMO interest rate to 16.5% from five-year highs of 17.25%.
🎙As adoption accelerates, the need to bridge the gap between AI’s potential and practical implementation has been brought to the forefront. Can AI aid in the achievement of SDGs?
🎙Oil prices fluctuated, with WTI crude futures falling below $76.7 per barrel after a 1.5% increase to three-month highs above $79.
🎙Global economic growth is expected to be subdued, if not stagnant, this year, with trade also expected to be sluggish.
🎙Total investment into the African technology startup ecosystem fell by 27.8%, to $ 2.4 billion, in 2023, down from a record $ 3 billion in 2022.
🎙Why is America invested in the security in the Sahel and development prospects of Africa?
🎙Nigerian stocks extended gains for the 13th straight session on Monday, reaching a new record high of 105,006.
🎙The JSE All Share index was slightly down around 74,805 on Monday.
🎙The Bank of Ghana slashed its benchmark monetary policy rate by 100 bps to 29%. The International Monetary Fund agreed on Jan. 19 to disburse a second tranche of $600 million to Ghana under the country’s three-year bailout program.
🎙Zimbabwe's annual inflation rate rose for the third month to 34.8%, up from 26.5% in December.
🎙Sony is betting on Africa’s video game industry, which is expected to generate over $1 billion for the first time in 2024.
🎙Uneven exposure to AI and the ability to harness its unique benefits will hamper progress in vital sectors and regions. As adoption accelerates, there is an urgent need to bridge the gap between AI’s potential and practical implementation. What does it take to ensure equal access to AI?
🎙CBN clears $2 billion forex debts and aids major sectors: manufacturing, aviation, petroleum. $61.64 million to foreign airlines strengthens Naira.
🎙The JSE All Share index reverted early losses and gained ground to close about 1.4% higher at 75,084 on Friday.
🎙Remittance growth to low and middle-income countries is expected to drop to 3.1 per cent in 2024.
🎙BMI company expects overall growth in sub-Saharan Africa to accelerate to 3.7%, up from 2.8% in 2023, higher than previously forecast global growth of 2.3%.
🎙Poor infrastructure and slow tariff harmonization hinder AfCFTA's progress. Non-tariff barriers persist, impacting businesses. Africa's roads need major investments for connectivity.
🎙Greenhouse gas emissions rise; national pledges fall short of 2°C goal from 2015 Paris agreement, lacking 1.5°C ambition.
🎙PPC International Holdings has disposed of its 51% shareholding in Cimerwa for $ 42.5 million.
🎙The South African Reserve Bank unanimously decided to keep its key repo rate at 8.25%.
🎙The annual inflation rate in Zambia continued to climb for the seventh month to 13.2%, up from 13.1% in the prior month.
🎙Global electricity demand grew 2.2% in 2023, slowing due to decreased consumption in advanced economies. Projections indicate a 3.4% average growth from 2024 to 2026.
🎙A quarter of global jobs face disruption, both growth and decline due to geo-economic, technological and green transition trends in the next five years.
🎙Nigerian stocks crossed 100,000 points for the first time on Wednesday, reaching a new record high of 101,571.
🎙 Stock investors at the Nairobi Securities Exchange (NSE) lost at least Sh530 billion in paper wealth last year on capital flight as the shilling slid against major currencies.
🎙 Ivory Coast raised $2.6 billion through two bonds with respective maturities of nine and 13 years in its first return to the international Eurobonds market.
🎙 Danish shipping and logistics company has suspended all sailings through the Red Sea until further notice following an attack and small boat swarm by Yemen's Houthi Group on December 30.
🎙Nigerian stocks continue to rise for the eighth consecutive session on Monday, reaching a new record high of 96,307.
🎙Opec+ reports a fall in Algerian oil production in December of 4.6% compared to the previous year.
🎙Gabon achieved its highest oil production level in nearly four years considering that oil constitutes approximately 80% of Gabon's total exports.
🎙The annual inflation rate in Morocco slowed for a fourth consecutive month to 3.4% in December 2023, down from 3.6% in the previous month.
🎙KS Energy in partnership with a Tanzanian gas producer, targets financial closure for a small-scale LNG project, investing less than $90M. The first gas offtake is expected by early 2026, with a 17-34 million standard cubic feet per day capacity.
🎙 The Chinese Foreign Minister Wang Yi is making the annual African tour. The focal point of this year's tour is Security to bolster Chinese influence on the continent, promoting cooperation and development.
🎙NSE All Share Index gained 28.8% in the last 12 months and increased 79.75% to 96251.00 Index Points.
🎙The JSE All Share index was slightly down around 72,365 on Monday.
🎙Oil eased to around $73 per barrel on Monday as production resumed at Libya’s largest oil field following a three-week stoppage due to political protests.
🎙African central banks are set to uphold tight monetary policies in the upcoming weeks, diverging from European and Latin American counterparts that have begun interest rate cuts.
🎙The fast food market in the Middle East and Africa is projected to grow at a rate of 9.2% from 2024 to 2030. It is expected to reach a value of $62.44 billion, up from its current value of $33.88 billion.
🎙What trade-offs and dilemmas will countries face as they seek to leverage the right economic tools and ensure sustainable, long-term growth?
🎙Nigeria's oil production recovered last month, with oil output increasing by 7.1% m/m to an average of 1.35 million barrels per day (bpd) in 2023 and is forecasting oil output to rise to an average of 1.4 million bpd in 2024.
🎙Africa will be the world’s second-fastest-growing major region in the world after Asia. It's GDP is forecast to grow by 3.2 per cent in 2024, up from 2.6 per cent in 2023..
🎙ActionAid urges a 90% windfall profit tax on fossil fuels and banking sectors, potentially generating $382B for climate action and public services.
🎙Container prices tripled in 30 days, leading to soaring freight costs in Africa. Houthi rebel attacks in the Red Sea prompted shipping lines, including MSC and Maersk, to avoid the Suez Canal. China-Europe rates surged from $1,500 to $5,400 per 40-foot container.
🎙We need to strengthen multilateral organisations in order to solve global challenges by working together.
🎙Nigerian stocks extended gains for the fifth straight session, reaching a fresh all-time high of 90,233.
🎙The JSE All Share index fell more than 1% towards the 72,000.
🎙African business leaders anticipate 2024 growth, driven by tech investments and regional trade boosts, despite inflation and instability concerns.
🎙Egypt raises Suez Canal transit fees despite reduced traffic, prioritizing foreign currency amid Houthi attacks on Red Sea shipping.
🎙UN's Unctad reports global FDI rose 3% in 2023, reaching $1.37 trillion, defying recession fears as markets performed strongly.
🎙The Importance of the World Economic Forum.
🎙Nigerian stocks rose over 3% to touch a new peak of 87,532 extending gains for the fourth straight session.
🎙The Central Bank of Kenya (CBK) reported the local currency trading at 160.23 units against the USD, compared to 159.85 end of last week.
🎙Shell has agreed to sell its Nigerian onshore oil and gas subsidiary to a consortium of five mostly local companies for up to $ 2.4 billion.
🎙the Maputo Port Development Company (MPDC) says the Port of Maputo has achieved a record volume of 31.2 million tons in 2023, up 16% on the previous year.
🎙Global growth slows to 2.4% from 2.6% in 2023 and is expected to marginally rise to 2.7% in 2025.
🎙Gold rises to $2,050/ounce amidst Middle East tensions and unexpected US producer price decline.
🎙The JSE All Share index was slightly down around 74,000
🎙The International Monetary Fund predicts a ‘soft landing’ scenario in 2024 for the global economy.
🎙Why are women-owned businesses in Uganda plagued by high mortality rates?
🎙Senegal's annual inflation rate continued its downward trend, reaching 0.8% from 0.9% in the prior month.
🎙Global airlines project $25.7 billion in profits, supported by 4.7 billion travellers, cargo growth etc.
🎙Africa's shared mobility market, worth $4.2 billion, is set to double by 2030 to $ 7.8 billion, creating 550,000 jobs amid rapid urbanization and growth.
🎙Global methane emissions reveal targeting top methane-emitting oil and gas fields can cut global emissions by millions of tonnes annually.
🎙 Meet Sharon Ireeta CEO of Nkwanzi Travel
🎙Bitcoin rises above 47K after US SEC approves first spot bitcoin exchange-traded funds.
🎙Kenyan startups dominate African venture capital, raising $800M in 2023, surpassing Egypt, Nigeria, and South Africa.
🎙Understanding economic and financial risks of climate change, crafting sound policies, and financing the transition effectively.
🎙The JSE All Share index remained close to the flatline, hovering at 73,845.
🎙Egypt's urban inflation eased for the third month at 33.7% from 34.6%, slightly above market expectations of 33.4%.
🎙Rwanda's annual inflation rate declined for the third consecutive month, reaching a near two-year low of 6.4% in December 2023, down from 9.4% in the previous month.
🎙Ghana's annual inflation rate dropped for the fifth consecutive month to 23.2% in December, down from 26.4% in November.
🎙Mozambique's annual inflation rate decreased to 5.30% in December 2023 from the previous month's four-month low of 5.36%.
🎙Can Ghana's expected $1.15 billion funding sustain falling interest rates amid election-year economic challenges?
🎙Nigerian stocks rose 0.7% to hit a fresh record high of 80,252 on Monday, marking the fifth straight session of gains in 2024.
🎙Tanzania's annual inflation rate reduced to 3% from 3.2% the previous month.
🎙IMF approves $60.7 million disbursement to Mozambique, completing a third review of the $456 million loan program, totalling $273 million disbursed since 2022.
🎙How can African nations drive industrialization by investing in high-value sectors, developing regional value chains, and adopting flexible policies?
🎙South Africa's gross foreign exchange reserves hit a record high of $62.518 billion in December 2023, rising from $61.721 billion in the preceding month.
🎙Egypt's current account deficit narrowed by 12.1% to USD 2.8 billion in Q3 2023, down from USD 3.2 billion in the same period the previous year.
🎙The FAO Food Price Index fell to 118.5 in December 2023, the lowest since February 2021, from a downwardly revised 120.3 in November.
🎙ACWA Power signed a framework for a $4 Billion green hydrogen project in Egypt, producing 600,000 t/y of green ammonia, scaling to 2 Million t/y in a second phase.
🎙Red Sea transit insurance costs spike to 0.5% of ship hull value, up from 0.1-0.2%, as attacks prompt expanded risky zones.
🎙COP28 concludes with a landmark 'loss and damage' fund, though funding falls short. Major deals benefit African nations, a highlight.
🎙Bitcoin soars to 20-month high at $42,000, doubling in 2023 amid cooling inflation and SEC's awaited approval for ETF.
🎙Namibia's annual economic growth rose to 7.2% in the third quarter of 2023 after an upwardly revised 5.5% rise in the previous three-month period.
🎙South Africa recorded foreign direct investment inflows of ZAR 26 billion in the third quarter of 2023, marking a notable decrease from ZAR 53.8 billion in the second quarter.
🎙Economic growth in Uganda has continued to impress as the real GDP grew by 5.3% y/y in Q3 2023, following a 6.6% y/y expansion in Q2 2023.
🎙 African nations grapple with pandemic fallout, geopolitical tensions, and supply chain disruptions, leading to economic crises, defaults, and uncertainty.
🎙The JSE All Share index was slightly up around 74,045 on Tuesday.
🎙EAC and TradeMark Africa unveil a game-changing app to eliminate non-tariff barriers, revolutionizing cross-border trade in East Africa.
🎙According to a report by Unctad, global trade in goods is expected to decrease by $2 trillion in 2023, which will be offset by a $500 billion increase in services.
🎙 World Bank pledges $100 million to CGIAR for climate research in Africa, fostering resilient, sustainable, and equitable food systems.
🎙Mining production in South Africa rebounded by 3.9% from a year ago in October 2023, following a 1.9% drop in the prior month and surpassing market forecasts of a 1.5% rise.
🎙Africa's clean energy shift promises security, green jobs, and development but faces hurdles.
🎙Gross foreign exchange reserves in South Africa increased to USD 61.721 billion from USD 60.932 billion.
🎙The Central Bank of Botswana slashed its benchmark interest rate by 25 bps to 2.40% at its meeting on December 7th 2023, pushing borrowing costs to the lowest since July 2022.
🎙Africa faces $25B annual loss from EU carbon tax, risking de-industrialization and reliance on raw exports.
🎙 The annual inflation rate in Rwanda declined to 9.4% from 12.9%.
🎙The annual urban inflation rate in Egypt decreased for the second straight month to a six-month low of 34.60% from 35.8%, after hitting a record high in September of 38.0%,
🎙What is the state of Ghana regarding its economic status or financial relief?
🎙The NSE-All Share index touched a fresh record level of 71,866.
🎙The Bank of Uganda left its benchmark interest rate steady at 9.5%.
🎙Namibia's central bank kept its key lending rate steady at 7.75%.
🎙Is the canvas of innovation, technology, and industrialization in Africa a harmonious masterpiece or a diverse mosaic waiting to unfold?
🎙The JSE All Share Index extended initial losses to trade below 75,200 on Tuesday after three straight sessions of gains as investors digested poor domestic GDP data.
🎙South Africa's Q3 2023 GDP contracted by 0.2%, following a revised 0.5% rise in Q2, against a forecasted 0.1% fall.
🎙Central Bank of Kenya shocks analysts, raising benchmark rate by 200 basis points to 12.5% on December 5, 2023.
🎙The annual inflation rate in Tunisia eased for the third successive month to 8.3% in November 2023, down from 8.7% in the prior month.
🎙Stanbic Bank Uganda PMI reached a 4-month high at 53.4 in November 2023, up from 52.4 in the prior month, surpassing the seven-and-a-half-year series average of 52.6.
🎙Financial institutions to address advanced sustainable finance solutions.
🎙Bitcoin surges 4% to $41K on SEC ETF optimism. The market anticipates a Fed rate cut. Ether also rises 2.9%.
🎙The JSE All Share Index was 0.3% higher at 75,940, the highest level since mid-August.
🎙The first-ever international nuclear energy summit was announced in Brussels in March, following COP28 Ministerial Declaration with 22 countries pledging to triple capacity by 2050.
🎙EIB and Bank of Kigali launch groundbreaking €100M climate finance scheme in Rwanda, fostering sustainable agriculture and empowering women-led businesses.
🎙BPR Bank and MVend Limited unite for a groundbreaking digital savings wallet, merging banking reliability with fintech innovation for enhanced financial management.
🎙OPEC+ has decided to reduce output by 1.7 million barrels per day (bpd) until the end of the first quarter of 2024.
🎙South Africa posted a trade deficit of ZAR 12.7 billion in October 2023, contrary to market estimates of a surplus of ZAR 9.1 billion, following a downwardly revised ZAR 12 billion surplus in September.
🎙IATA welcomes positive outcomes from ICAO's CAAF/3 in Dubai, advancing global efforts for aviation decarbonization and alternative fuels development.
🎙The annual inflation rate in Zambia accelerated for the fifth straight month to an over 1-1/2-year high of 12.9% in November 2023, up from October's 12.6%, amid the continued depreciation of the Kwacha currency.
🎙Post-election turbulence, coups in Africa and regional unrest are leaving us with one question: what will it take to restore peace and stability in the region?
🎙OECD: Global growth downgraded to 2.9% in 2023, and 2.7% in 2024. US GDP revised higher, China improved; Euro Area lags behind.
🎙JSE adapts to global trends, fostering partnerships and revising listing rules to counter declining numbers, inviting companies to thrive.
🎙The annual inflation rate in Ethiopia increased for the second straight month to 29.2% in October 2023 from 28.3% in the previous month.
🎙IATA welcomes CAAF/3 outcomes: By 2030, aviation fuel aims for 5% less carbon, global SAF framework established, emphasizing policy support.
🎙Kenya initiates privatization, offering stakes in 11 firms, including state oil pipeline, to address debt; revamps laws for efficient process.
🎙OPEC+ meeting postponed to November 30 over output quota dispute with African producers Nigeria and Angola.
🎙Cocoa futures hit $4,300/tonne, last seen in 1977, up 65% in 2023, fueled by supply worries from Ivory Coast and Ghana.
🎙Mozambique's annual economic growth accelerated to 5.92% from 4.67% in the previous three-month period.
🎙Kenya weighs using forex reserves to repay $2 billion Eurobond; concerns arise as reserves dip below $1.03 trillion statutory requirement.
🎙World Economic Forum's 2023 report: $13.5 trillion needed by 2050 for sustainable transition in key industries; collaborative innovation crucial.
🎙African governments tax aviation heavily but lack proportional investment.
🎙Brent crude fell below $80/bbl on Monday, extending a recent decline as investors await the OPEC+ meeting.
🎙The Bank of Ghana kept its benchmark monetary policy rate at 30%.
🎙Zimbabwe's annual consumer inflation rose to a four-month high of 21.6% in November 2023, accelerating from 17.8% in the prior month.
🎙Mastercard boosts South Africa's digital future with new tech infrastructure, aligning with SARB's Vision 2025 for local transaction efficiency and security.
🎙Africa's leap into the Fourth Industrial Revolution hinges on skill investment, policy support, and embracing technology for sustainable industrialisation and transformation.
🎙Explore the Afrobeat phenomenon with 13B Spotify streams, global hits, and Grammy nods—transforming African music into a worldwide powerhouse.
🎙The JSE All Share Index reversed course and rose about 0.4% to close at 75,712 on Friday.
🎙EAC welcomes Somalia as its eighth member, unlocking economic opportunities and expanding the bloc's market with a vast coastline.
🎙Nigeria's economy advanced by 2.54% from a year ago in the third quarter of 2023 after rising by 2.51% in the prior three-month period.
🎙Kenya's formal private sector lost 70,000 jobs due to high business costs, as 40% of employers plan further reductions.
🎙 Meet Laura Kagame, CEO of Travel Neza
🎙The JSE All Share Index traded more than 1% higher, around 75,540 on Thursday.
🎙South Africa grapples with a 10% GDP loss due to rampant crime, hindering growth.
🎙Unveiling the Significance of Investor Engagement in Special Economic Zones for Promoting Robust Industrial Development.
🎙OPEC+ postponed the Ministerial meeting to November 30, causing a 4% drop in oil prices. Disagreements over production cuts persist, with analysis suggesting $80 per barrel.
🎙Morocco's annual inflation rate eased to 4.3% in October 2023 from 4.9% in the previous month.
🎙The Central Bank of Zambia lifted its key interest rate by 100 bps to 11% at its regular meeting on November 22nd 2023, after raising it by 50 bps in August.
🎙South Africa's annual inflation rate rose for the third straight month to 5.9% in October 2023, the highest in five months and well above market estimates of 5.5%, verging on the upper limit of the South African Reserve Banks inflation target range.
🎙African Business & Paftrac reveal that 40.3% of the finance industry aims for a unified African currency, echoing the Euro's model.
🎙Understanding the Role of Special Economic Zones in Promoting Industrial Development In Africa.
🎙The JSE All Share Index slips below 74,200 as Sibanye Stillwater shares plummet 20%, Telkom soars 9% on profit surge and tower sale talks.
🎙Zambia's $3 billion debt overhaul hits roadblock as revised deal stalls; objections from official creditors, notably China, hinder implementation.
🎙The National Bank of Angola increased its benchmark rate by 100 basis points to 18% on November 21, 2023, the first hike in over two years.
🎙East African Community (EAC) member states are actively promoting a unified tourist visa and collaborative regional marketing.
🎙Kenya Airways has resumed direct flights to Bangkok, three years after it suspended the route over the Covid-19 pandemic.
🎙Understanding the current state of the South Sudan economy amidst the Sudan crisis.
🎙The NSE-All Share index extended gains for the fourth straight session to touch a new record level of 71,170 on Friday.
🎙PPC sells 51% Cimerwa stake for $42.5M to Kenya's National Cement, focusing on core markets and optimizing capital allocation.
🎙Facebook ads in Tanzania face 18% VAT starting Dec 1, 2023. The government targets tech giants for Digital Services Tax.
Remittance flows in some African countries are higher than the volume of Foreign Direct Investment and yet sending these remittances within Africa can attract a cost of between 15 to 20%
As the world moves to tackle climate change and transition to more renewable energy, Africa including Nigeria will need between $22.6-$30 billion annually to fill the energy financing gap.
In this episode we look at Remittances: Has Fintech Lived Up To disruption expectations Tito Da Silva, Senior Economist in the strategy, policy and Review Department of the IMF talks remtechs, mobile money and bitcoin and their impact on the remittance market
Bamburi Cement is selling off its stake in Ugandan subsidiary for $120 million (Sh18.3 billion) to focus on its Kenyan operations.
Chinese investments in Africa are significant, Chinese mining companies represent only 8 percent of Africa’s total output in the sector
South Africa's unemployment rate fell to 31.9% in Q3 of 2023, the lowest in a year, from 32.6% in the prior period.
Gita Gopinath (First Deputy Managing Director, IMF) discusses Monetary Policy Challenges in a Global Economy
OPEC slightly increased its 2023 global oil demand growth forecast to 2.46 million barrels per day, citing robust global growth trends and a healthy oil market.
Kenya has appointed Citi and Standard Bank as joint lead managers for a potential dollar-denominated debt.
The crypto has gained roughly 122% this year and 134% in the last 12 months.
development finance institutions (DFIs) led by the African Development Bank (AfDB) have partnered to finance $3-billion in a private sector-focused Alliance for Special Agro-Industrial Processing Zones (SAPZs) to bridge the critical financing gap in agriculture in Africa.
🎙The telecoms in Uganda planned to raise UGX800 billion in an initial public offering, which would value the telecom at $1 billion (UGX4 trillion).
🎙Malawi's central bank has issued a notice to authorized dealer banks, informing them of a 30% reduction in the local kwacha currency's exchange rate against the dollar.
🎙Mining production in South Africa shrank by 1.9% from a year ago in September 2023, after a downwardly revised 2% drop in the prior month and compared with market forecasts of a 2% fall.
🎙Global air cargo demand in September grew by 1.9%, with the Asia-Pacific leading at 7.7%, while North America declined by 2.2%.
🎙Rwanda has joined Benin, Seychelles and Gambia in removing visa restrictions for African travelers.
🎙 The NSE-All Share index extended gains for the fourth straight session to touch a new record level of 70,754 on Wednesday.
🎙Ghana is seeking to borrow $400 million from cocoa traders to finance industry operations amid a government debt restructuring.
🎙Kenya’s parliament has asked the Blockchain Association of Kenya (BAK) to prepare the first draft of what might become the Virtual Asset Service Provider’s Bill, commonly known as the Crypto Bill.
🎙Airtel Uganda Ltd raised 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares in its IPO.
🎙 Zambia's central bank raised the ratio of deposits, both local and foreign by 3% points to 14.5%.
🎙Gross foreign exchange reserves in South Africa decreased further to $60.962 billion in October 2023 from $61.131 billion.
🎙EY's 11th Africa Attractiveness Report reveals that clean technology fueled a 64% surge in FDI, with 733 projects worth $194 billion and 154,000 jobs created in Africa.
🎙The World Travel & Tourism Council (WTTC) estimates that the African travel and tourism sector could add $ 168 billion to the continent’s economy and create more than 18 million new jobs.
🎙Are stakeholders in the tourism sector finally seeing Africa’s contribution to the sector?
🎙Foreign investor exit reduces NSE value for a third consecutive quarter, with a Sh101 billion drop in the top five stocks' capitalization.
🎙The S&P Global Egypt PMI fell to 47.9 in October 2023 from 48.7 in September.
🎙Taxes on consumers and mobile operators are directly affecting the affordability of mobile devices and services and reducing state revenues.
🎙What can the African Union do to present a strong case to the G20?
🎙The Central Bank of Egypt left its key overnight deposit rate unchanged at the 29-year high of 19.25% and its lending rate at 20.25%.
🎙Africa’s geothermal sector will attract at least $35 billion in investments by 2050.
🎙The unemployment rate in Morocco rose to 13.5% in the third quarter of 2023 from 11.4%, as the number of unemployed increased by 248 thousand to 1.625 million.
🎙Fitch downgraded Ethiopia deeper into junk territory on Thursday to CC from CCC-, citing gaps in the country's external financing that it said increased its likelihood of default.
🎙 Meet Chukwuduike Madu, CEO of Manful Health
🎙The NSE-All Share index touched a fresh record level of 70,584.
🎙Africa urges a 10-year renewal of the AGOA trade program, cautious on modifications, as the US seeks tariff-free access to African markets.
🎙The African Union (AU) has been made a permanent member of the G20, what does this mean for Africa?
🎙The South African rand traded around 18.6 per USD, hovering around two-month highs.
🎙President Bola Tinubu is seeking the approval of the National Assembly to go ahead with the processing of a loan facility of $7,864,508,559 and €100 million requested during the administration of former President Muhammadu Buhari under the 2022 – 2024 external borrowing plan.
🎙MTN Ghana's 9-month growth: 32.6% EBITDA, 32% profit after tax, 36.1% revenue, 51.6% Mobile Money growth, and 16.3% active users.
🎙The annual inflation rate in Kenya unexpectedly rose to 6.9% in October 2023, the second consecutive increase, from 6.8% in the prior month but still within the central bank's preferred range of 2.5% to 7.5%.
🎙Uganda has over-time completed the acquisition and processing of high-resolution aerial magnetic data for the country. It is projected that the mining sector will be a major driver of employment and Gross Domestic Product (GDP) growth in Uganda over the next several years.
🎙South Africa posted a trade surplus of ZAR 13.1 billion in September 2023, above market estimates of ZAR 12 billion and a downwardly revised ZAR 12.6 billion surplus in August.
🎙US President Joe Biden intends to end the participation of Gabon, Niger, Uganda and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade program.
🎙Microsoft has announced plans to certify 30 million people in Africa in artificial intelligence- (AI-) related skills by 2025.
🎙How has Botswana managed to tame inflation while overcoming the tension between monetary and fiscal policy, including in the context of a crawling peg?
🎙MTN Nigeria reported a 16.3% increase in earnings before interest, taxes, depreciation and amortisation (EBITDA) to N907.9 billion.
🎙Moody's Investors Service (Moody's) recently affirmed Botswana's A3 rating and maintained its stable outlook.
🎙The U.S. Development Finance Corporation is backing African Data Centres for a new data centre that will be built in Ghana. The first phase of the construction in Ghana will begin in 2024 and cost $50 million.
🎙How can stakeholders Increase access to affordable financing to drive the adoption and use of solar technologies towards increased smallholder farmer productivity in key agricultural value chains?
🎙The cryptocurrency market saw massive gains this week as Bitcoin rallied strongly past $34,000 to its highest level in over two years.
🎙Zambia has reached a deal for relief on nearly $4bn owed to private bondholders.
🎙Nigeria's current account deficit improved from $0.4bn in Q1 to a surplus of $2.9bn in Q2 202
🎙 Meet Sylvia Mulinge, CEO MTN Uganda.
🎙The JSE All Share Index fell as much as 1% to around 69,600 on Thursday, hovering around 11-month lows.
🎙The annual inflation rate in Zambia rose for the fourth straight month to 12.6% in October, up from September's 12% due to the ongoing depreciation of the kwacha.
🎙Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, worth $5.2 billion.
🎙The JSE All Share Index fell about 0.4% to close at 70,274 on Wednesday, following a 0.7% increase the previous day.
🎙Namibia's central bank kept its key lending rate steady at 7.75% on October 25th 2023.
🎙The World Bank approved a $1 billion development policy loan to support electricity market reforms and South Africa's low-carbon transition.
🎙Egypt has successfully issued a 3-year Sustainability Panda Bond worth RMB 3.5 billion ($478.7 million).
🎙Digital foundations are key in the delivery of public services and in creating inclusion for women.
🎙Bitcoin rose to $35,000 for the first time since April 2022.
🎙The United Nations Conference on Trade and Development has called for increased efforts to channel net-zero finance towards developing economies. Key sectors include power, transport, agriculture, construction, mining, and natural gas.
🎙International Energy Agency predicted Global demand for oil to reach its peak this decade amid the growing popularity of electric cars and the cooling of China’s economy. The world will consume as much as 102 million barrels per day by the late 2020s, with the volumes dropping to 97 million barrels per day by mid-century.
- Global Islamic Finance assets are forecast to reach USD 3.69 trillion by 2024, according to the 2020 Islamic Finance Development Report
- South Africa emerges as the top choice for mergers and acquisition deals
- S&P Global Ratings cut Egypt's long-term foreign and local currency sovereign credit ratings to B-, from B.
🎙 Meet Jay Adewole, CEO of Point of View Consulting.
🎙Libya's oil production was 1.15 million barrels per day (bpd) in September, unchanged from the previous month.
🎙Karpowership resumed electricity in Guinea-Bissau as the government paid $6 million, settling a $15 million debt, ending a 1.5-day blackout.
🎙The Nigerian government has announced new social grants, which would see 15 million poor households receive N25,000 per month (or roughly $32 at the official exchange rate) for three months.
🎙 Overview of Kenya's financial sector performance.
🎙Uganda's trade deficit widened by 41.9% m/m from $283.3m in July to $402.1m in August.
🎙South Africa's annual inflation rate accelerated for the second successive month to 5.4% in September 2023, up from 4.8% in August and slightly above market forecasts of 5.3%.
🎙OPEC's Secretary General stresses fairness for Africa due to low emissions but rising oil demand, despite energy disparities and corruption challenges.
🎙Despite its rich resources, the Western Sahel is facing poverty, coups, and an uncertain future.
🎙World Steel projects a 1.8% growth to 1.81 billion tons in 2023 after a 3.3% decline in 2022, with a 1.9% increase in 2024 to 1.85 billion tons.
🎙IEA warns of massive backlog with 1,500 GW in renewables projects awaiting grid connection, requiring 80M km power line upgrades by 2040.
🎙The Ugandan banking sector registered a growth of 8.4 % in assets from 44.6 trillion as of the end of June 2022 to 48.3 trillion shillings by the end of June 2023.
🎙Egypt's Suez Canal Economic Zone has signed a deal worth $6.75 billion with China Energy for green ammonia and green hydrogen projects to be established in the Sokhna Industrial Zone.
🎙African nations face a $6 billion Eurobond crunch in 2024 as high-interest rates persist, posing fiscal challenges.
🎙Zambia has signed a memorandum of understanding (MoU) with its bilateral creditors to restructure approximately $6.3 billion of debt.
🎙Nigeria's annual inflation rate continued to accelerate to an 18-year high of 26.7%, up from August's 25.8%.
🎙The annual inflation rate in Senegal dropped for the 6th straight month to 3.8% in September 2023.
🎙Kenya plans to raise $2 billion from the international capital markets in the next financial year to repay its 10-year Eurobond.
🎙Oil production in Nigeria rose notably last month, with output jumping 14.4% m/m to a 20-month high of 1.35 million barrels per day (bpd) in September.
🎙Shelter Afrique Elevates to Development Bank Status, Focusing on Transformative Housing and Infrastructure Development in Africa.
🎙The annual inflation rate in Senegal dropped for the 6th straight month to 3.8% in September 2023.
**🎙 Meet Peace Ndoli, Co-founder of Lifesten Health
🎙WTI crude rebounds over $84 after 2% dip; Saudi-Russia unity supports oil, despite US inventory surge amid Israel-Gaza situation.
🎙African nations face a tough task rolling over $6 billion in Eurobond repayments due as rates surpass 12%, warns IMF.
🎙ActionAid Country Directors in Morocco urge IMF and World Bank to address debt distress and austerity's impact on Africa.**
🎙Economic challenges in West Africa: Ghana receives IMF loans, high fuel costs in Nigeria, and coups in Francophone countries.
🎙The JSE All Share Index rose to close about 3.1% higher at 73,841 on Tuesday.
🎙 Ghana’s annual inflation rate eased for the second month to a one-year low of 38.1% in September 2023, down from 40.1%.
🎙Uganda's private sector credit growth was hampered by high interest rates and obstacles in the informal sector, averaging 4.7% YoY.
🎙The International Monetary Fund has warned that the global economy is not growing as fast as expected. The IMF predicts that global economic growth will slow down to 2.9% in 2024 from an anticipated 3% this year.
🎙The urban inflation rate in Egypt rose to 38% in September 2023, up from 37.4% in the previous month.
🎙The annual inflation rate in Namibia quickened for the second month to hit a four-month high of 5.4% in September 2023, up from 4.7% in the prior month.
🎙The annual inflation rate in Rwanda accelerated for the second month to 18.4% in September 2023,
🎙Innovative financing models and regional cooperation are key to achieving financial security, peace, and development for a resilient Africa, especially in conflict challenges.
🎙African leaders reject resource-backed loans and prioritize transparency for sustainable debt solutions. IMF and African Development Bank lead the way.
🎙Safaricom's 2022 impact: 1/3 of Kenya's budget, Sh909.5 billion contribution, M-Pesa's 17% growth, and commitment to ESG in Ethiopia
🎙Ericsson is banking on 5G network adoption in East Africa amidst fierce telco competition to drive regional growth.
🎙Africa urgently requires a significant increase in climate change adaptation and resilience financing, aiming for $200 billion annually by 2025.
🎙The FAO Food Price Index edged lower to 121.5 in September 2023, the lowest since March 2021, from an upwardly revised 121.6 in August.
🎙The IMF's 14th annual Financial Access Survey (FAS) reveals strong financial access resilience amid the COVID-19 pandemic.
🎙Ghana's Strong Reforms Secure $600M IMF Funding as Economic Stabilization Gains Momentum with Resilient 2023 Growth and Lower Inflation.
🎙Ghanaian fintech Dash shuts down after raising $86.1 million, failing to solve cross-border payments for Africans via mobile wallets.
🎙 African Fintech: Bridging Financial Inclusion Gaps with Mobile Innovation. Regional leaders drive the convergence of telecom and finance.
🎙The Ugandan Shilling is stable at 3735/3745, with tight liquidity and 10.55% overnight yields. BOU bond auction: 13.5% & 15.51%. MPC meeting Oct 5.
🎙The Stanbic Bank Uganda PMI increased to 52.9 in September 2023, up from a 6-month low of 51.6 in August and slightly above the series average of 52.6.
🎙The Stanbic Bank Kenya PMI dipped to 47.8 in September 2023 from 50.6 in the previous month, indicating a moderate deterioration in the country's private sector amid intense cost pressures and a drop in customer demand.
🎙The S&P Global Ghana PMI fell to 50.5 in September 2023, down from a near two-year high of 51.9 in the prior month, indicating a slight and softer pace of improvement in the country's private sector.
🎙The Stanbic Bank Zambia PMI fell for the fourth consecutive month to 48.1 in September 2023, down from 49.2 in the prior month.
🎙 The Development Bank of Rwanda (BRD) became the first national development bank globally and in East Africa to launch a Sustainability-Linked Bond (SLB).
🎙The JSE All Share Index wrapped up a volatile Tuesday session about 0.7% down, settling at 11-month lows of 70,773.
🎙The S&P Global Egypt PMI fell to 48.7 in September 2023, slipping further from 49.2 in the previous month.
🎙Morocco's GDP grew by 2.3% year-on-year in Q2 2023, following a 3.5% rise in the previous three-month period and compared to a 2.2% growth in the same period of 2022.
🎙The Executive Board of the International Monetary Fund (IMF) approved today an 18-month arrangement for Morocco under the Resilience and Sustainability Facility (RSF) in an amount equivalent to SDR 1 billion (about US$ 1.32 billion, equivalent to 112 per cent of quota).
🎙Global rating firm Moody's Investors Service, has affirmed East African Development Bank's credit score at medium grade,
🎙The Central Bank of Kenya maintained its benchmark interest rate at 10.5% for the second consecutive meeting on October 3rd, 2023, the highest in seven years, as expected.
**🎙Housing in Ghana gets expensive for people whereby renting a new house costs 1700 cedis in a market where the average monthly income is 1280, many cannot afford decent shelter. Land
🎙Shilling opens at 3755/3765 and closes slightly stronger at 3750/3760 with 10.44% overnight yields
🎙Angola's economy nearly stagnated in the second quarter of 2023 compared to last year, following a 0.3% rise in the previous three months.
🎙BRD breaks ground in East Africa with its first Sustainability-Linked Bond (SLB) worth $24.8M, driving ESG goals with an innovative step-down coupon!
🎙IMF's Executive Board approves SDR 1 billion (US$ 1.32 billion) 18-month arrangement for Morocco, boosting resilience and sustainability.**
**🎙 Navigating Profit and Pitfalls During Pandemic, Climate Change, and Geopolitical Shifts
🎙South Africa logged a trade surplus of ZAR 13.3 billion in August 2023, smaller than July's downwardly revised ZAR 15.4 billion but surpassing market forecasts of ZAR 7 billion.
🎙The economy of Senegal advanced by 3.2% in the second quarter of 2023 after a 4.7% rise
🎙The economy of Botswana advanced by 3.4% in the second quarter of 2023. from an upwardly revised 5.5% rise in the previous three-month period.
🎙54gene, a genomics startup founded in 2019, winds down operations.**
**🎙 Meet Prosper Ahimbisibwe. Co-founder, director and clinical lead at Mscan Uganda.
🎙The JSE All Share Index rose by approximately 0.5% to close at 72,506 on Thursday
🎙African Continental Free Trade Area boosts remittances as Sub-Saharan Africa faces 1.3% growth in 2023, says World Bank report**
Explore the Latest Africa Risk-Reward Index for Key Insights on Market Opportunities and Risks.
🎙The JSE All Share Index weakened to close about 0.7% down at 72,174 on Wednesday
🎙IMF's pandemic loans, with austerity conditions, risk harming rights and do not effectively reduce debt, says revealing report
🎙ILO warns: Progress on Sustainable Development Goal 8, focusing on economic growth, employment, and decent work, lags behind
🎙Twiga Foods faces liquidation over a KES 39M debt dispute as Kenyan agrifood-tech funding drops 77% in 2023
🎙 Ghanaians are out in the streets protesting harsh economic conditions. Despite receiving a 3 billion IMF bailout; the country is technically bankrupt, and the citizens are feeling the economic heat.
🎙The JSE All Share Index slumped nearly 2% to below the 72,000 level on Tuesday
🎙The economy of Uganda grew by 6.8% year-on-year in the second quarter of 2023, accelerating from a downwardly revised 2.4% rise.
🎙The Bank of Mozambique (BdM) decided to maintain its policy rate at 17.25% despite the marked downturn in inflation.
**🎙 East African Airshow, the grand curtain rises on Uganda in December 2024, celebrating aviation, tourism, unity, opportunities like job summits, chances to win scholarships and others.
🎙The Bank of Ghana left its benchmark monetary policy rate unchanged at 30% during its September 2023 meeting.
🎙South Africa hosts the AGOA Forum, strengthening the US-Africa economic partnership and addressing concerns over Russia ties.
🎙The Central Bank of Kenya initiated a Sh15 billion tap sale, hoping to attract investors back to bonds.**
**🎙The National Social Security Fund (NSSF) revenue increased by 15% from Ugx 1.9 trillion to Ugx 2.2 trillion for the Financial Year ended June 30, 2023.
🎙Nigeria must deal with as much as $6.8 billion of overdue forward payments in the foreign exchange market before stabilization of the naira.
🎙The BRICS new alliance is expected to transform the grouping into a global leader in renewable energy in the coming decades.
🎙Internet advertising set to overtake traditional TV by 2026, PwC report reveals data-driven growth forecasted $429M vs. $430M shift.**
**🎙Meet Apollo Sarah, CEO of Apopollo Network
🎙The South African rand traded around 19 per USD, holding close to the three-month low of $19.2.
🎙The South African Reserve Bank kept its key repo rate steady at 8.25%**
**🎙Upon assuming power, President Bola Ahmed Tinibu’s first 100 days in office have been characterized by the rise in the price of petrol, and the Naira is on a free fall to the dollar.
🎙South Africa's annual inflation rate was at 4.8% in August 2023, remaining within the South African Reserve Bank's target range of 3% to 6%.
🎙Ghana's economy advanced by 3.2% year-on-year in the second quarter of 2023, compared with a downwardly revised growth rate of 3.3% in the previous three-month period.
🎙The economy of Rwanda expanded by 6.3% from a year earlier in the second quarter of 2023, following a 9.2% rise in the previous three-month period.**
**🎙The digital transformation plan is to Forster fintech evolution in
🎙OECD global GDP growth at 3% this year (vs 2.7%) and 2.7% in 2024 (vs 2.9%).
🎙Cybersecurity company Surfshark has ranked South Africa as number one in Africa for its “digital quality of life”,
🎙Pan-African industry association the African Private Capital Association (Avca) will host the second edition of the Sustainable Investing in Africa Summit, at the Sheraton Grand, Park Lane, London, on October 12.**
**🎙Africa seeks global investment to unlock its agricultural potential, becoming the world's breadbasket,
🎙The JSE all-share index was down $74345 this Monday.
🎙IMF requests countries to cut on borrowing as the global debt returns to a pre-COVID high, which grew $8.3 trillion in the first three months of 2023.**
**🎙In Kenya online threats in the country declined by 25.6 per cent to 139.8 million from 187.8 million recorded in the previous quarter,
🎙The two-day Summit of the Group of 77 (G77) and China concluded underscored the need for a more balanced international order with greater attention to the Global South nations.**
**🎙Africa offers investment opportunities in green metals that could drive global market growth in clean renewable energy technologies, including 11 TW of solar, which is the highest in the world, but only 1% is utilized. With 350 GW of hydro, only 7% is utilized; 115 GW of wind potential, of which only 2% is used; and 15 GW of geothermal power, of which only 2% is utilized.
🎙Ghana's cocoa output for the 2022/2023 season is expected to be lower by around 11% than the target of 750,000 tonnes due to smuggling and illegal gold mining on farmlands.
🎙Nigeria's trade balance improved markedly in Q2 due to rising non-oil exports, declining imports, and the naira losing nearly 40% of its value. 🎙Nigeria's trade balance improved in Q2 due to rising non-oil exports, declining imports, and the naira losing 40% of its value.
🎙Industrial production in Morocco fell by 3.5% year-on-year in the second quarter of 2023, following a 1.9% increase in the previous period.**
**🎙Meet Natalie Ndagire, CEO of Forever Media.
🎙The JSE All Share index firmed to close about 1.4% higher at an over one-week high of 74,354 on Thursday
🎙African airlines increased to 98.4% in August 2023 traffic boosted by local markets, narrowing the revenue gap to $0.2 billion.**
🎙Air travel in East Africa and the Single Africa Airline Transport Mark.
🎙JSE All Share index dips over 1% to 73,100 amid US inflation uptick, Cotasu labour union strike threat, and economic stabilization measures.
🎙World Bank's Job and Development Report: The Gig economy, accounting for 12% of the global labour market, offers promise for unemployed youths and women in developing countries.
🎙MTN Nigeria Gains NCC Approval for 10 MHz Spectrum Transfer, Enhancing Network Capacity and Customer Experience with Effect from September 7.
🎙The annual inflation rate in Mozambique fell for the 5th month running to reach 4.93% in August, the lowest since January 2021, easing from July's 5.67%.
**🎙Uganda's inaugural Islamic banking license marks a milestone for economic development, offering new financial opportunities and inclusivity for its citizens.
🎙FAO Food Price Index drops 2.1% to 121.4 points in Aug 2023, the lowest since Apr 2021, reversing July's 1% gain, 24% below the March 2022 peak.
🎙The annual urban inflation rate in Egypt rose to 37.4% in August 2023, up from 36.5% in the previous month.
🎙Tanzania's annual inflation rate stood at an over two-year low of 3.3% in August 2023, unchanged from the previous month.
🎙The annual inflation rate in Mozambique fell for the 5th month running to reach 4.93% in August, the lowest since January 2021, easing from July's 5.67%.**
**🎙Meet Rapa Thomson Ricky, Co-founder and Director of Safeboda.
🎙South Africa's Q2 2023 current account deficit surged to ZAR 160.7 Billion from a revised ZAR 63.7 Billion, falling short of market expectations of a ZAR 178.4 Billion shortfall.
🎙Gross reserves in South Africa edged lower to $61.998 billion in August 2023 from a record high of $62.212 billion in July.
🎙Mobile money and remittances, accounting for 68% of Kenya's GDP, surged to Sh7.91 trillion in 2022, driving Africa's economic growth. Data-driven transparency and compliance are crucial.**
**🎙Climate action can help Africa to combat some of its great challenges and one of the solutions is to use green bonds to attract investors from other countries.
🎙Saudi Arabia and Russia extend oil cuts of about 1M bpd and 300K bpd until December 2023, driving global prices higher than $90.5 per barrel.
🎙UN Chief Guterres calls for urgent reforms at World Bank & IMF, labelling their policies unfair to Africa's debt crisis. Proposes $500B annual stimulus & equitable green transition support
🎙Top Banks fund climate crisis over Global South solutions. $3.2 trillion to fossil fuels, $370B to agriculture despite climate pledges**
**🎙The wildlife safari industry in Africa is estimated at between $12.4 billion and $42.9 billion contributing 10% to the continent's GDP
🎙Unequal Carbon Credit Pricing: Africa's 3.8% Emissions vs. Global North - 10x Disparity Demands Fair Change at UN Conference.
🎙 South African GDP growth surpasses 0.6% in Q2 2023 after a 0.4% expansion in Q1, which is better than a 0.1% forecasted rise.**
🎙 Airtel Uganda offers 20% ($1.9 billion)of its share to the USE, seeking over $200 M in its initial public offering.
🎙Cocoa futures in the US continued their upward trajectory, surpassing the $3,600 mark for the first time since March 2011.
🎙The JSE All Share index was slightly down to 74,800 on the first trading session of September, mainly due to the underperformance of resource-linked sectors (-1.2%).
🎙In Nigeria, the PMI for Stanbic IBTC Bank dropped to 50.2 from 51.7.
🎙African airlines experienced robust passenger traffic growth at 38.9% but still lagged 9.2% behind 2Q19 levels, except South Africa.
**🎙Meet Bruno Muhire, Co-Founder of the Island of Hope.
🎙The JSE All Share index fell about 0.4% to close at 74,954 on the last trading day of August.
🎙The annual inflation rate in Zambia accelerated for the second month to 10.8% in August 2023**
**🎙 Internal political manoeuvring acts within the EAC are disrupting economic integration progress by creating non-tariff barriers.
🎙NSE-All Share index extends its positive momentum, touching a new all-time high of 66,650 in the fourth consecutive session on Wednesday.
🎙The JSE All Share index traded slightly higher above 75,000 on Wednesday.
🎙Africa Shifts Focus: Invests in Industrial Zones, Promotes Intra-Africa Trade, and Develops Payment System Amid Calls for Dollarization.
🎙China Development Bank grants $400M loan to Afreximbank for SME financing, enhancing African economic development.**
**🎙 BRICS fuels African growth through collaborative investments, fostering development, inclusivity, and multilateral cooperation.
🎙Egypt’s EGX 30 soars to 18,660 amidst 36.5% inflation, driven by investors seeking refuge from currency devaluations and Russia's Ukraine impact.
🎙Nile Dam Talks: 2 Days, 3 Nations, $5 Billion Project, 0 Breakthrough on Vital Water Flow Agreement.**
**🎙South Sudan Allocates $2 Billion for Fiscal Year, Focusing on Infrastructure, Peace, Security, and Building the capacity of Government institutions.
🎙Libya's National Oil Corporation (NOC) has announced that oil production has now been steady for 10 months averaging 1.12 million barrels per day (bpd)
🎙Nigeria's economy advanced at a faster 2.51% from a year ago in the second quarter of 2023, compared to Q1's 2.31% rise and above market expectations of a 2.3% growth.
🎙Agri-tech firm Twiga Foods has affirmed its continued operations in Kenya, dismissing concerns that it could be slowly folding its operations in the country.**
**🎙Meet Ryan O’Grady CEO of KI Africa.
🎙Uganda shilling maintains its strengthening trend against the dollar, closing Thursday’s session at the 3690/3700 levels from the day’s opening of 3715/3725.
🎙BRICS Expands: New Members Join to Shift Global Power Dynamics.**
**🎙NSSF Uganda has set a goal to increase its assets from Ushs 18.4 trillion to Ushs 50 trillion.
🎙JP Morgan Questions Nigeria's External Reserve Reporting, Estimates Actual Reserves at $3.7 Billion Amid Assumptions of IMF SDRs and FX Liability Adjustments, Highlighting FX Market Pressures and Central Bank's Rate Management Abilities.
🎙The gross domestic product of Mozambique grew 4.67% year-on-year in the second quarter of 2023, following a 4.17% rise in the previous three-month period.
🎙South Africa's annual inflation rate fell to a two-year low of 4.7% from 5.4% and below market forecasts of 5%, moving further within the central bank's target range of 3%-6%.**
**🎙Removing visa requirements in Africa can promote growth, trade, and cultural exchange, leading to a brighter future for all. Removing visas in Africa can promote growth, trade, culture, and a better future for everyone, transcending borders.
🎙The South African rand traded around 18.8 per USD, up from an over two-month low of $19.2 in August.
🎙Morocco's annual inflation rate slowed to 4.9% from 5.5% in the prior month.**
🎙The World Bank's decision to suspend funds to Uganda over its controversial anti-LGBTQ law underscores global pressure for human rights and equality, impacting the nation's economic trajectory.
🎙The JSE FTSE All Share Index rose 0.9% to close at 73,760 on Monday, ending a six-day losing streak. The rebound was driven by a 1.8% increase in the financial sector.
🎙Kenyan start-up Twiga Foods is undergoing layoffs and operational adjustments due to economic hardships impacting purchasing power.
🎙Ethiopian Airlines partners with Boeing to establish aircraft parts manufacturing plant in Addis Ababa, creating jobs and producing components.
🎙The global economic outlook and how decisions in the different parts of the globe will affect those on the continent.
🎙Cocoa futures jumped above $3,400 a tonne, approaching levels not seen in over twelve years, amid a deteriorating outlook for global supply against a backdrop of rising demand.
🎙The JSE FTSE All Share Index fell more than 1% to trade below 73,290.
🎙Africa's Potential: Global Supply Chain Hub with Resources and Innovation.
🎙Meet Richard Zulu, Founding partner and Team Principal at Outbox Uganda.
🎙The benchmark EGX 30 Index topped the 18,000 level, approaching record levels seen in April 2018
🎙Norwegian Renewable Energy Giants Spark Growth in South Africa and Beyond
🎙Achievements made after the Final Investment Decision (FID) for developing Uganda’s oil and gas projects.
🎙Oil production in Nigeria decreased last month, with output dropping by 11.3% m/m to an average of 1.1 million barrels per day (bpd).
🎙The Kenyan government has reversed its stance on fuel subsidies to protect consumers from skyrocketing pump prices.
🎙Namibia's central bank left its key lending rate unchanged at 7.75% in August.
🎙Norwegian Renewable Energy Leaders Forge Path for Increased African Collaboration Amidst South Africa's Energy Market Reforms.
🎙The textile industry is valued at $1 trillion and responsible for 10% of global emissions, but there is a growing movement towards a circular economy.
🎙The Bank of Uganda decided to reduce its benchmark interest rate for the first time since June 2021 to 9.5% from 10%.
🎙The second quarter of 2023 saw South Africa's unemployment rate at 32.6%, which was only slightly lower than market expectations and the previous period's 32.9%.
🎙Annual inflation rate in Nigeria accelerated for a sixth month to 24.08% in July.
🎙The annual inflation rate in Botswana eased for the third consecutive month to 1.5% in July.
🎙 The market has changed with a young population with a preference for digital solutions, where Fintechs have occupied and impacted the economic growth of countries through the expansion of financial inclusion to underserved consumers in rural areas.
🎙Mastercard's $5.2 billion investment in MTN's fintech subsidiary sparks a 10% share surge, amplifying collaboration's pivotal role in African fintech growth.
🎙Global air passenger traffic exhibits impressive recovery, with June seeing a remarkable 31% YoY growth, reaching 94.2% of pre-pandemic levels. H1 2023 reports a substantial 47.2% increase YoY, with international traffic surging by 33.7% in June alone, attaining 88.2% of pre-Covid levels.
🎙The annual inflation rate in Ethiopia eased slightly for a fourth consecutive month to 28.8% in July of 2023.
**🎙Only 37% of women have a bank account, compared with 48 percent of men, a gap that has only widened over the past several years.
🎙The shilling depreciated sharply from 3615/3625 to 3725/3735 levels.
🎙The annual inflation rate in Tunisia eased for the fifth successive month to 9.1% in July 2023, from 9.3%
🎙The annual inflation rate in Namibia continued its downward trajectory to reach a near 1-1/2-year low of 4.5% in July 2023, compared to June's 5.3%.
🎙Egypt's annual urban inflation rate accelerated to 36.5% in July 2023, up from 35.7%.**
**🎙Meet Elizabeth Mutesi, CEO of Tenda Organics
🎙Gold production in South Africa rose by 28.5% year-on-year in June 2023.
🎙Cybercriminals use software malware to attack companies' information.**
**🎙Airtel Uganda Ltd announced the intention to float on the Main Investment Market Segment of the Uganda Securities Exchange.
🎙WTI crude oil futures advanced to over $84 per barrel.
🎙Tanzania's annual inflation rate eased for the sixth straight month to an over two-year low of 3.3%
🎙Logistics firm Sendy is shutting down its operations in Kenya after failing to raise $100 million (Sh14 billion) to sustain its business.**
🎙Mauritius has the highest penetration of contactless transactions, and Uganda has the least, with 1.4% penetration.
🎙Cocoa futures traded below $3,400 a ton, down from 12-year highs of $3,562.
🎙IATA reports a 3.4% decline in air cargo demand.
🎙Kenya Airways (KQ) and US carrier Delta Air Lines(Delta) have extended their strategic partnership.
🎙What companies need to do to attract investors and the dangers of mismatched financiers.
🎙South Africa Forex Reservesrises to a local high of $62.21 billion.
🎙VC investments in Africa fall by 43%.
🎙Airlines were forced to divert some flights after Niger restricted its airspace on Sunday night, making it more difficult for planes to fly across parts of Africa.
🎙Kenyans turn anger over tax hikes and high cost of living into deadly protests.
🎙The FAO Food Price Index increased to 123.9 from an upwardly revised 122.4
🎙Unemployment in Morocco rises slightly to 12.4% in Q2 2023 from 12.3%.
🎙Kenya is leading Africa in the development of key B2B payment processes, with over 83.4% of Kenyans stating that their payment system was either semi-automated or fully automated
🎙Meet the CEO:Isadora Bigourdan, CEO of Digital Africa.
🎙The JSE FTSE All Share Index reversed early losses to close about 0.4% up at 76,747.
🎙The S&P Global Ghana PMI inched up to 50.5 from 50.4 in the previous month, pointing to the sixth consecutive month of growth in the private sector.
🎙Niger citizens take to the streets to protest and support the new government.
🎙The local currency opened trading at N783.56 on Tuesday but closed at N789.08 to a dollar marking a 4.3% depreciation.
🎙Nigerian private sector momentum slowed last month, with the Stanbic IBTC Bank purchasing managers' index (PMI) moderating to 51.7 in July from 53.2 in June.
🎙Nigeria has cut its electricity supply to Niger, in line with the sanctions decided by the West African neighbours of Niger.
🎙Egyptian Government announces privatization gains of around $1.9 billion.
🎙Top currency losers are the Nigerian Naira (-1.46%),
🎙The South African rand traded around 18.3 per USD.
🎙West Africa's GDP decelerated to 3.8% from 4.4%.
🎙Oil and Gas exploration is rebounding and is expected to top $50 billion this year.
🎙Sparkle and Kush investments are going to provide new fibre solution opportunities for innovation and infrastructure development in Africa.
🎙The JSE FTSE All Share Index rose 0.5% to 78873 on Monday.
🎙Top currency losers are the Nigerian Naira (-2.29%), Japanese Yen (-0.86%) and Mexican Peso (-0.49%). Gains are led by the Australian Dollar (0.69%), New Zealand Dollar (0.39%) and Swedish Krona (0.38%).
🎙Tourist arrivals in Tanzania soared to 409,082 in Q1 2023, from 289,372 in Q1 2022.
🎙Google has partnered with Verve, the largest domestic card scheme in Africa, to make digital transactions on the Google Play Store easier and more accessible for Nigerians.
.
🎙Inflation and low public revenue have wiped out Ghana's economic gains post-Covid 19, leaving low-income households vulnerable and food insecure, according to the World Bank.
🎙The Naira appreciated slightly against the United States dollar on the Investors and Exporters (I&E) market, a day after the local currency recorded a sharp fall on the spot market.
🎙Rising input costs, multiple excise tax increases and currency depreciation saw East African Breweries PLC's (EABL) profit drop by 12%.
🎙He covers why it is vital to build investable businesses playing his part in making exits more recurrent in the ecosystem and his new baby Rustic Expeditions.
🎙The JSE FTSE was up around 1% to trade at 78347 on Thursday.
🎙Gabon launched Africa's first debt-for-nature swap on Tuesday, July 25. The deal will see the government buy up at least $540 million of its debt and switch it to a blue bond.
🎙Fitch has revised the outlook on Kenya's long-term foreign-currency Issuer Default Rating (IDR) to negative from stable and affirmed the IDR at B.
🎙Top currency gainers are the Zambia Kwacha (2.06%), and the biggest losers are the South African Rand (-1.00%).
🎙The International Monetary Fund now projects Sub-Saharan Africa’s economic growth at 3.5 percent in 2023 in the latest revision, up, from 3.9% last year.
🎙The Central Bank of Nigeria lifted its benchmark interest rate by 25 bps to 18.75%.
🎙Have Ugandan companies in the healthcare sector cracked the code for Healthtech investment?
🎙The JSE FTSE all-share index rose 0.99% to 77525.
🎙Nigeria's current account surplus rose to $2.5billion in 2023 from $2.4billion in 2022.
🎙The world economy is expected to expand by 3% in 2023.
🎙Benefits and impact of sorting centers to the development of EA
🎙The NOC is active in bringing mothballed assets back into production to increase output.
🎙The Bank of Ghana raises its benchmark monetary policy rate by 50 bps to 30%.
🎙Mauritania will receive $767,000 from the ADF to develop livestock farming.
🎙Economic impact of SHC production on EAC countries.
🎙Algeria's oil production averages 940,000 bpd, down from 970,000 bpd in May.
🎙The South African Reserve Bank left its key repo rate unchanged at 8.25%.
🎙Meet the CEO:Natif Anthony, CEO of Guardian Health
🎙Oil production in Nigeria increased by 5.1% m/m to an average of 1.24 million.
🎙The South African Reserve Bank left its key repo rate unchanged at 8.25%
🎙Fitch Solutions is projecting Ghana's real GDP growth to average 3% this year below 5.3% pre-pandemic.
🎙Nigeria's fuel consumption dropped to 46.38 million liters after the removal of subsidies.
🎙The UN worries about economic stagnation due to high debt obligations in some countries.
🎙Zambia's economy is projected to grow by just 2.7% in 2023
🎙PwC economists expect blockchain to boost global GDP by US$1.76 trillion – which is 1.4% of global GDP.
🎙JSE all share index was down almost 1% to 77,080 level.
🎙Africa Development Bank on strengthening access to finance for African airlines
🎙National Bank of Angola keeps interest rates at 17%
🎙Annual inflation in Nigeria rises to 22.79%
🎙$277 billion a year is needed to deal with climate change.
🎙Bitcoin broke above the $31,000 mark in mid-July.
🎙Ghana’s finance ministry has invited eligible holders to exchange $809.9 million in bonds
🎙Standard Chartered and Access Bank sell consumer, private, business banking services.
🎙Meet the CEO:Sylvester Lalu,- CountryRepresentativee of Eat Out Uganda
🎙VFD Group plans to raise N32.5 billion tostrengthenh its market position.
🎙The annual inflation rate in Ethiopia eased for a third consecutive month to 29.3%.
🎙The annual inflation rate in Angola quickened for the second month to a four-month high of11.25%.
Uganda has signed a power sharing agreement with South Sudan, enabling the East African country to purchase power generated in Uganda. Signed by Ruth Nankabirwa, Minister of Energy and Mineral Development of Uganda and her South Sudanese counterpart Peter Marcello in Juba on June 27 in the presence of South Sudan President Salva Kiir, the agreement paves the way for the two countries to fast track the development of the 400 KV Olwiyo-Juba Transmission Line – currently operating at 132KV – to enable the transportation of electricity generated in Uganda to power the South Sudanese towns of Kaya and Nimule.
More than 20 countries in Africa are either at high risk or in debt distress. Debt service payments across the continent are projected to reach 26 billion dollars by 2025. At the Launch of the 2023 African Economic Outlook, AfDB President Akinwumi Adesina highlighted Africa’s debt vulnerabilities and why the debt restructuring conversation needs to be all-encompassing.
The CEO of MVend, Bobson Rugambwa returns for our Meet The CEO series. MVend Limited recently received an E-Money issuer and remittances license from the National Bank of Rwanda (NBR), granting it the ability to offer digital wallets and mobile financial services.
Ghana is the second largest cocoa producer in the world, contributing to 25% of global cocoa production. Coupled with Côte d’Ivoire, Ghana makes up one of the most prominent West African nations that deliver the majority of the world’s cocoa supply.Despite the critical role Ghana plays in providing the key ingredient to this worldly indulgence, however, the country is at serious risk of decreasing cocoa productivity down the road. Following the passing of the sustainable cocoa initiative into law, the Ghanaiangovernment has reaffirmed its willingness to comply with the regulation. The lawwhich came to pass on the 28 th of June aims to track cocoa beans to curb deforestationand weed out child labor along the value chain. However, the environmental andsocial justice initiative by the EU comes at a cost for both farmers and consumers.
Africa's fintech sector has experienced substantial growth in recent years, with start-ups addressing a wide range of areas from digital payments and lending to insurtech and cryptocurrencies.
McKinsey & Company reports that between 2020 and 2021, the number of tech startups in Africa tripled to approximately 5,200 companies. Nearly half of these are fintechs, striving to disrupt and enhance traditional financial services. In 2022, fintech accounted for 39% of venture capital invested in the continent, attracting US$1.9bn across 217 deals
The unprecedented expansion of the digital economy has opened up the question of how to mobilize tax revenues from both domestic and international transactions. African countries are formulating digital tax policies to levy both direct and indirect taxes on digital transactions. Monitarization of these transactions is hard because they are sometimes untraceable
The Kigali International Financial Centre, a Rwandan institution facilitating international investment and cross-border transactions in Africa recently hosted the inaugural Inclusive FinTech Forum (IFF) The Forum's goal is to support financial inclusion and responsible fintech practices by encouraging conversations about technology and policy. Through these discussions, the event aims to make fintech development fair, easily accessible and sustainable for everyone.In this episode we bring you the remarks made by Zambian President Hakainde Hichilema on why there couldn’t be a better time to discuss fintech development on the continent.
Unit trusts, otherwise known as Collective Investment Schemes (CIS) do just as they say; pool funds together for investment.While CISs in Uganda have been operational since the mid-90s, they have only gained momentum over the past six years with greater sensitization and today have a unit value of UGX 1.75 trillion invested in capital market instruments and comparing where Uganda stands to giants like Ghana and Morocco
Ghanaian President Akufo-Addo has taken another swipe at rating agencies.The President says the downgrades have led to countries being shut out of the international capital market which has had catastrophic effects on their economies.
The business community in Uganda has called for an alternative dispute resolution mechanism that will enable parties to a dispute to avoid lengthy and tedious court processes.At least 8 trillion Shillings is said to be tied in commercial disputes in different courts, and the business community says that this is holding back business operations and hurting the economy.
The Minister of Finance presented the budget and mentioned the main sources of revenues that the government is going to use to fund the budget but that's not all he also showed the challenges that the source of revenue is facing in the previous financial year.
In the last two years Ghanaian authorities and Rating agencies have not seen eye to eye. The Ghanaian authorities accused the agencies of being alarmist and a lack of reflection of what’s on the ground. In November last year,Moody’s Investors Service downgraded Ghana deeper into junk territory,the second-lowest score at Moody’s.
Both Standard & Poor's credit rating for Ghana stands at SD while Fitch's credit rating for Ghana was last reported at RD. Both reflecting possible default by Ghana
Dr Uzziel Ndagijimana, Rwanda's Minister of Finance and Economic Planning, presented a ($4.4 billion) budget. Kigali increased its spending plan by 5.6 percent from ($4.1 billion) the previous fiscal year.Rwanda will finance 63 percent of the budget through domestic revenues, while external loans will constitute 24 percent and external grants 13 percent.The budget for the fiscal year 2023/24 will reflect the medium term fiscal path which allows for an increased spending to reach National Strategy for Transformation (NST1) goals while maintaining public debt to sustainable levels.
Uganda's parliament has approved the government's plan to raise spending by 10 percent to Ush 52.73 trillion ($14.19 billion) in the 2023/24 fiscal year.The government has increased its spending plan by Ush4.606 trillion ($1.2 billion) from Ush48.13 trillion ($13 billion) in 2022/2023.A Key highlight of this budget is the 17 trillion shillings set aside for debt repayments for the FY 2023/2024. This means over 32% of the tabled budget will be used for debt payments and roll-overs.
It is budget season in East Africa. Many finance ministers will present their budget and how to finance it. The improvement of the tax-paying culture is critical for African governments looking to self finance their budgets.
The Zimbabwean parliament has passed a "controversial" Patriotic Bill that criminalizes any citizen who meets with foreign diplomats or foreign government functionaries in terms of association, assembly, and speech.
The 2020 pandemic and the Ukraine war are some of the factors that have made the rise of consumer prices in some countries in Africa.
Some economic factors like interest rates are causing the economy of Ghana to slowly stabilize. Ghana needs to find new ways to balance their economy.
The increased digitisation of businesses and transactions across Africa has provided an opportunity to improve governments’ revenue collection and expand tax bases, which is particularly important for many governments in Sub- Saharan Africa that are faced with large informal economies.
Microfuse CEO Ivan Karugaba joins us for this episode and talks about creating solutions that solve Africa’s unique problems. He also speaks about why students need to be in touch with the needs of their different sectors.
Between 15th May 2023 to date, the South Sudan National Bureau of Standards (SSNBS) has been impounding trucks loaded with Maize flour, Wheat flour, Sorghum and other grain products on allegations of failing to pass the test for contamination with aflatoxin
The cost of energy in Ghana has led the country into debt. The power woes don't end there, there have been challenges with the tariffs, mismanagement of funds, embezzlement and other factors that have raised the country's cost of power causing the country to pay more than what is being produced which caused a deficit in the economy.
SMEs play a critical role in achieving targeted rates of economic growth and employment figures across Africa. The success of these SMEs has been hampered by the Tax regimes of the countries that they are operating them.
The country has now set about implementing ambitious structural reforms in the areas of tax policy, revenue administration, government expenditure and public financial management, as well as steps to address weaknesses in the energy and cocoa sector
The national airline of Angola, has announced its financial results for the fiscal year 2022, revealing a remarkable increase in net profit compared to the previous year. The airline reported a net profit of 460.1 million kwanzas, equivalent to approximately USD$800,000, representing a substantial 30% overall growth compared to 2021.
The first $600 million tranche of a $3 billion, three-year extended credit facility from the International Monetary Fund has been received by the Government of Ghana. This first tranche is being used to stabilize the economy of Ghana and reduce the inflation rate that was starting to sky rocket.
Kampala is one of the cities in Africa that is on the first track of development, with the city producing 65% of the country's GDP and being the one and only city in Uganda contributing 80% of the country's industrial and commercial activities. With their high urbanization rate; it has led to the depletion of the green cover of Kampala.
Rinah KIZZA CEO and owner of Ri's Munch joins us today on this episode of meet the CEO to inspire all you business men and women out there that think you can't make it.
The ongoing conflict in Khartoum has caused significant economic disruption, including food shortages, blackouts, and inflation. The city, previously considered a stable financial center, has become a war zone with frequent shelling and air attacks.
Ghana receives the financial assurance it needs from the Paris Club after the meeting of the official Creditors Committee, chaired by China and France, paving way for the Board of the International Monetary Fund(IMF) to approve of the country's pending $3 billion loan-support programme. The Creditors Committee will negotiate with the Government on the terms of restricting the claims which are going to be finalized in a Memorandum of Understanding(MoU). This loan will help Ghana in debt restructuring and minimize the balance of payment deficit and open doors for more investors.
The cost of debt is coming up as a problem for investors. With the amount of opportunities that are currently present in Africa its becoming a problem that the high cost of borrowing is affecting the accounting numbers of the investors trying to invest here.
Today we talk about how Africa is a continent that is rich in natural resources and offering a wide range of investment opportunities.
The International Finance Corporation (IFC) says MSMEs in Africa face challenges in acquiring resources such asfinance, markets, and technology. In some countries like Uganda for example, MSMEs for 75% of private sector employment but only 16% access formal finance.
In Ghana, members of the Pensioner Bondholders Forum have returned to the premises of the Finance Ministry to demand payment of outstanding coupons on matured bonds.
In order to narrow its fiscal deficit, Kenya has come up with a plan to charge taxes on the transfer and exchange of digital assets such as cryptocurrency exchanges.
Join us on today's episode as we talk with Maya Senussi a Senior Middle East Economist who will be helping us to understand more on the different opportunities in the Egyptian economy
In this episode, Damalie Ssali, Head of Programs at Private Sector Uganda talks about Green Financing and why it should be targeted at Small and Medium Sized Enterprises
Chanda Chomba joins us for this episode.
She walks us through managing two entities, the pandemic effects on the hospitality industry and why better marketing of the industry is a win for all in the sector.
Banks in Ghana have reported $1.4 billion of impairments mostly because they are in possession of government debt.
Kfinancial Analyst Ondiro Oganga joins us to elaborate more on extend of turbulence this has caused to the Banking sector.
A conflict raging in Sudan is rattling its neighbours and other countries for reasons ranging from concern about shared Nile waters and oil pipelines to the shape of a new government and a new humanitarian crisis in the making.
Has everything been done to secure the bailout? What does the bailout mean to the business community in Ghana?
Financial analyst Ondiro Oganga joins us to further illuminate the issue
Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar and other major currencies.
In a deal backed by government-to-government arrangements, Saudi Aramco, Abu Dhabi National Oil Company, and Emirates National Oil Company will be supplying fossil fuels on credit to Kenya.
Churchill Oguttu returns to the podcast to help us understand this arrangement.
Christian Intwari, the founder of ‘Our Past’, the youth-led initiative that organises aims to educate young people about the 1994 Genocide against the Tutsi and inspire them to take the initiative to rebuild Rwanda
Some investors of Ghana's 2030 Eurobond have received coupon payments which had been due on April 14. The country announced it would default on some its external debt in December and has not made payments on its international bonds since. However, the bond maturing in 2030 with a coupon of 10.75% is partially guaranteed by the World Bank, so payment kicked in this week via the bank's International Development Association.
On today’s episode we are joined by Ondiro Onganga analyst with the K Financial to give an understanding of the International Monetary Fund’s bailout package for Ghana.
The World Bank projects the economic growth of poor nations to slow by almost one-third and business cycle indicator in South Africa slips further.
The World Bank’s think tank says a spike in scams and fraud across sub-Saharan Africa risks reversing recent gains in bringing previously excluded groups into the digital economy, with damaging results for economic development and inclusion in government services.
Absa Bank Uganda’s Managing Director Mumba Kalifungwa joins us for this episode.
Egypt has devalued its currency 3 times already and many experts see a fourth on the cards. Churchill Oguttu, Economic Analyst for North and East Africa with IC Group joins us for this episode
Global rice shortage is set to be the biggest in 20 years and Ghana GDP Growth Accelerates to 3.7% in Q4
Absa Bank Uganda posts 141bn shillings profit for the year 2022 and Accounting giant Ernst & Young is cutting 3,000 jobs
In Kenya, Some civil servants across the national government and employees in at least half of the counties across the country were yet to receive salaries for the last two months as the government faces cash flow problems.
Rising domestic debt maturities in 2023 have put pressure on government revenues, forcing the prioritisation of debt repayment to salaries and other operations and maintenance vote heads
The annual inflation rate in Rwanda edged up to 31% in March 2023, from a five-month low of 30.3% in the prior month.
Ted Kaberuka, Economist and Partner at Centrix Group returns to the podcast to discuss measures being taken to bring down that number to below 8% by the end of the year.
Jean Hurbert Ishimwe Nkurayija of Kashireshi joins us.
He opens up about working in a space and country that has its foot forward in the innovation space and also what it means to develop tech solutions with an African perspective
There is an uptick in the inflation rate in Rwanda.
Latest data shows the annual inflation rate in Rwanda edged up to 31% in March 2023, from a five-month low of 30.3% in the prior month. Ted Kaberuka Economist and Partner at Centrix Group joins us for this episode to highlight the factors influencing the uptick in inflation.
The Ugandan government is working to grow export revenue especially in Africa.
One of the steps it is taking is strengthening ties with South Africa and working to remove non tariff barriers.
The Chairman, Presidential Advisory Committee on Exports and Industrial Development, Mr.Odrek Rwabwogo on how to achieve the growth in export revenue by USD 6BN over the next 5 years.
More and more roles are being created where having the skills to draw valuable insights from large data sets is imperative.
Which for many has left them with the question: what are some of the considerations that one should take into account when planning to upskill yourself to better prepare for the demands of the data driven workforce?
Micheal Nyitekega Program Director at Refactory at Clark International University joins us for this episode.
We are back with another episode of Meet the CEO.
Sandrah Asimwe returns to the podcast, this time as the award winning CEO of Ecoville Ug. She walks us through what it means being a pioneer in her field and why we should all be working towards a more sustainable lifestyle.
One of the biggest hurdles the private sector has had to deal with is access to finance. Large firms tend to benefit more from bank financing than SMEs do, as their track record and scale reduce their risk profile.
Smaller, newer companies and those in the informal sector often face higher borrowing costs, if they are able to borrow at all.
Damalie Ssali, the Programs Director at Private Sector Foundation Uganda, in this episode discusses why it's important to create alternative pools of finance for the private sector.
Ayambe Zero CEO Alex Kalanda returns to the podcast to expound on issues in the climate change ecosystem.
Today he expounds more on what a carbon footprint is.
Climate change has become one of the most pivotal conversations of our time, Alex Kalanda, the Ayambe Zero CEO joins us for this episode to expound on the work done to ensure it is not just a buzzword but a concept that can be understood even at the grass-root level.
Stanbic Uganda posted Profit After Tax of Ush. 366 billion in the year 2022
representing year-on-year growth of 33 per cent.. Customer deposits grew by 6.8 percent year on year to Ush 6.1 trillion from Ush 5.7 trillion; net loans and advances rose to Ush.
4.1 trillion from Ush.3.7 trillion while total assets grew by 3.9 percent to Ush. 9.0 trillion.
Andrew Mashanda, Chief Executive of Stanbic Uganda Holdings Limited reflects on the bank’s performance despite the prolonged uncertainty of the global and local economic uncertainty.
US Vice President Kamala Harris kicks off Africa trip. Her itinerary includes three nights in Ghana, two nights in Tanzania, and one in Zambia.
In Ghana she pledged more than $100 million (€ 93 million) in an aid package to the country.She said she was "very excited about the future of Africa," adding that she would be discussing issues like increasing food security, climate change, and growing investment on the continent.
At the start of this month,A French civil court dismissed a fast-track lawsuit brought by campaigners against energy major TotalEnergies (TTEF.PA) over its oil projects in Uganda and Tanzania, saying the case should be examined in depth in a standard trial.
Under the suit filed in 2019, six French and Ugandan activist groups had accused the company of failing to protect people and the environment from the Tilenga oil development and the $3.5 billion East African Crude Oil Pipeline.
The Bank of South Sudan has increased the Central Bank Interest Rate by 300 bps from 12 per cent to 15 per cent. Akol Dok, Managing Partner at Orus, joins us for this episode to discuss this key decision further
In the past few weeks, Safaricom’s share price has been on a free fall, causing panic.
The giant telco lost as much as 32.3 percent off that price valuation.
Solomon Kariuki - Equities and Fixed Income Analyst .AIB-AXYS Africa joins us for this episode to discuss the performance of the Safaricom share price and the possible effects on the Nairobi Stock Exchange?
We really look forward to Fridays. We bring you another Episode of Meet the CEO. Albert Munyabugingo, CEO of Vuba Vuba joins us for this episode. He discusses what it takes to build a thriving e-commerce business and why its important transaction charges take the downward trend
South African opposition, The Economic Freedom Fighters called for a national shutdown to protest against rolling blackouts and pressure President Cyril Ramaphosa to resign.
There were sporadic disruptions, including some road closures, and some stores shut their doors, mainly in the city centers where marches were held.
Tsholofelo Diale, analyst with the KFinancial joins to shed more light on what many have called a resounding failure
Industry and businesses have been principal beneficiaries of academic outcomes developed in educational institutions and research laboratories.
Ultimately, the global society benefits from this joint effort of the non-profit institutions and for-profit businesses.
But this synergy is often not given due recognition and appreciated in a tangible manner by the society in general.
Dev Chamroo Senior Consultant with CITC Technologies joins us for this episode to discuss the academia-industry interaction and how it can be mutually beneficial.
The Airport Carbon Accreditation Annual Report 2021-2022 was released last week showcasing the remarkable carbon management progress made by accredited airports in Africa.
Despite the challenges posed by the COVID-19 pandemic, Africa saw a remarkable growth rate of 38% in airport participation, with 22 accredited airports across 13 countries.
Uganda Securities Exchange has been working on more ways to diversify the financial offering on the exchange.
This the Chief Executive Officer Paul Bwiso believes will go a long way in seeing more funds raised through the exchange. One of their focus areas is the commodities exchange. Paul Bwiso explains why its taking time to
Government ministries, agencies and departments have more often than not been accused of operating in silos. This has led to the duplication of mandates and the wastage of resources.
But experts say this is more an issue of policy incoherence.
Sustainability is increasingly becoming a driving factor for decision making as investors tackle more environmentally conscious consumers and more strict environmental laws.
This for many means doing business through the lens of the The Sustainable Development Goals (SDGs) with a focus on environmental performance, science commercialization and adoption of the highest levels of ESG standards and compliance, and promote inclusive growth through linkages and spillovers.
Dev Chamroo, Senior Consultant with CITC INVESTMENT and Trade Consultants joins us to further the conversation on Green Economic Zones.
Green Economic Zones offer private sector investors an opportunity to invest in sectors such as renewable energy, sustainable agriculture, eco-tourism, and sustainable industrial practices.
On the sidelines of the Economic Mkutano under the theme “Unlocking private sector opportunities from Green Economic Zones.
We have a discussion with Tesha Antoinette Programme Director - Textile and Apparel at Gatsby Africa, is Africa ready for the concept of Green economic zones and the financial implication that comes with it?
President William Ruto has assured Kenyans that the prices of maize meal would soon drop to KSh 1.
According to him, progress had been made as regards the harmonising of prices of essentials to make them affordable for the common citizenry.
Some of the biggest hurdles exporters face include limited access to finance ( high costs of borrowing, limited post-shipment financing,) low production volumes, high international market entry related costs, generic loans backed by strong collateral.
Estelle Uwizeye,Manager Exports and Manufacturing PortFolio at the Development Bank of Rwanda, joins us expound on the The Export Growth Fund (EGF) by the Development Bank of Rwanda and how its solving the export financing challenges in Rwanda
Alex Kalanda, founder and CEO of Ayambe Zero takes centre stage.
In this episode, we talk about Climate Change and Alex’s pivot from building AI to setting up a climate tech startup.
In kenya, the Kenya Kwanza government is walking back on provision of cheap electricity promise
David Ndii, the chairperson of President William Ruto’s Council of Economic Advisors says current power bills are as a result of high production costs, from the fuel used for generation, and water levies.
This cost of production, Ndii says, is what Kenya Kwanza promised to reduce.
The Bank of South Sudan has recently directed that all local transactions be in the South Sudan Pound in an effort to rein in inflation and the attendant cost of living and lock out dollar speculators.
Some regional businesses have seen it as the right move while others fear it might cause capital flight.
The need to build this infrastructure has seen many an African country run towards commercial loans that has dragged them into the debt trap.
Jibran Fauz Qureishi, Head: Africa Research at Standard Bank in this episode discusses what he calls a crucial misunderstanding of events that Maputo 2010 that put a heavy focus on infrastructure development
More than half of Nigerians are living in multidimensional poverty, security crises—ranging from insurgency to farmers-herders clashes to kidnappings—and corruption has thrived unchecked.
And these are the key issues that the new president of Nigeria will have to tackle to return the continent’s largest democracy to better days in what has been billed as the tightest presidential elections since 1999.
Charles Shyaka, Managing Director of 250 Start-Ups joins us for this episode. He talks about Rwanda's Tech and Innovation scene and how the work being done in one of Africa's fastest-growing ecosystems
Arsenal and Paris Saint-Germain both have multi-million sponsorship agreements with the Rwandan government.
This £ 10 million-per-year sponsorship agreement guarantees the Rwandan government with football’s wealthiest clubs to promote their tourist board’s message: ‘Visit Rwanda’.
Rwanda, known as the land of a thousand hills, will be hosting cycling's Road World Championships in 2025, a first for Africa.
Before World Championships, Rwanda is hosting the Tour du Rwanda which is will run till February 26.
It has attracted four-time Tour de France winner Chris Froome among other prominent cyclists.
In this episode, we talk about all things Tour Du Rwanda and what impact this has on Sports Tourism in Rwanda and Africa.
The Ugandan government plans to freeze new loans, hires and pay rise alongside halving spending on workshops and applying brakes on foreign travel for its officials in the new financial year as part of austerity measures to plug funding deficits and reverse rising debt servicing burden.
Civil Society actors in Uganda have called out the government on what they consider over leveraging of Uganda’s oil to acquire debt.
Uganda’s debt to GDP rocketed past the 50% threshold .
In a new memo the Uganda government is proposing a halt on any borrowing, suspension of salary increments and a freeze on vehicle payments for this financial year as a way to deal with the increasing debt pi
We love Fridays and we are back with Meet the CEO.
Derek Nseko, not new to this podcast, joins us to talk about all things Airspace Africa.
He discusses the cut throat nature of the business and the importance of learning from those already in the industry.
The Kenyan finance ministry has revised its estimated spending and the budget deficit for the current fiscal year ending in June, revealing a slight increase in total expenditure and a smaller deficit.
Supplementary budget documents submitted to parliament reveal that overall spending is projected to be KES 3.37 trillion ($26.98 billion), an increase from the KES 3.36 trillion initially presented in April last year.
Meanwhile, the deficit for the 2022/23 fiscal year is now estimated at 5.7% of the gross domestic product (GDP), a decrease from the original projection of 6.2%.
Love does Cost a thing, infact it costs billions. According to Forbes love birds were planning to spend $23.9 billion on Valentine’s Day this year—up from $21.8 billion in 2021.
The Egyptian pound has lost almost 50% of its value against the dollar over the past year, as a result of three devaluations, the most recent of which came in January.
Churchill Oguttu, Economist For East and North Africa with IC Group returns with an analysis of the devaluation thus far.
2023 HAS KICKED OFF WITH A NUMBER OF African countries dealing with a myriad of issues ranging from drought and its effects on food security to debt veering off into the unsustainable region.
Jeff Gable, Chief Economist @Absa Bank delves into this and more.
In 2020 our CEO was named one of the 100 most influential young Africans. He holds many portfolios that have shaped his entrepreneurial journey. Nelson Kwaje Team Lead at Scenuis Hub.
The second Africa food summit in Dakar, Senegal ended, with development partners agreeing to commit $30 billion to back the continent’s resolve to boost agricultural productivity and become a breadbasket for the world.
Among the development, partners are the African Development Bank which plans to contribute $10 billion over five years, and the Islamic Development Bank, which intends to provide $5 billion.
Baldwin Okello, Tech Enthusiast and IP Core Manager with UTCL returns to elaborate how ChatGPT can be used as a complementary tool in the different sectors
ChatGPT is a big deal. A few days after its launch, more than a million people were trying out ChatGPT.
And it's becoming big business.
Microsoft pledged to invest billions of dollars into OpenAI, saying in January it'll build features into cloud services.
The National Social Security Fund in Uganda has posted a positive performance ongoing allegations of turbulence at the fund,despite
acting NSSF Managing Director, Patrick Ayota says as of December 31, 2022,
The connection between climate change and its impact on human wellbeing is increasingly visible. Unchecked, climate change is estimated to push up to 130 million people into poverty over the next 10 years. But poverty conservation is a much bigger challenge in areas that are resource rich but have been told development of these resources will wreck even further havoc on the environment.
In this Episode Elison Karuhanga, Chairman of Oil and Gas Committee - East African Law Society talks about the concept of Poverty conservation and why it is critical that Africans be left to explore their resources
Capital market infrastructure has continued to improve across Africa.
This will help to build resilience and allow the continent to maximise its potential.
In this episode, The Absa Africa Financial Markets Index, now in its sixth year takes centre stage.
Anthony Kirui, Head of Global Markets, Absa Regional Operations expounds on the report.
Africa is home to a third of the world’s 850 million people living with hunger.
With the removal of barriers to agricultural development aided by new investments, Africa’s agricultural output could increase from $280 billion per year to $1 trillion by 2030.
In today’s episode we talk to Kush Bank’s Acting CEO Ryan O’Grady on its move to remove fees on all deposits and withdrawals in the country and it’s impact on financial inclusion.
Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022—and the outlook for 2023–24 is projected to be stable.
African Development Bank has launched its first edition of Africa’s Macroeconomic Performance and Outlook Report.
The bank's President Dr. Akinwumi A. Adesina hopes that the biannual publication provides African policymakers, global investors, researchers, and other development partners with an up-to-date, evidence-based assessment of the continent’s recent macroeconomic performance and short-to-medium term outlook amid dynamic global economic developments.
The Aviation industry is expected to finally reach a profit in 2023 – the first time since the Covid-19 pandemic – but unpredictable factors such as oil costs and ever-increasingly extreme weather patterns will continue to create more challenges for airlines.
Derek Nseko, Airspace Africa CEO joins us to break down these trends for the African continent. Will they mirror the global picture ?
The entry of new retail brands and expansion of the retail sector in Uganda is facing a number of challenges.
While there is a positive outlook for consumer spending in Uganda over 2023, with real household spending growth accelerating to 6.2% y-o-y. There are factors like inflation and interest rates that will both be elevated over 2023 and eat into disposable income.
South Africa’s energy provision plan and Tanzania’s cautious introduction of a digital currency.
Debt Restructures across the continent and we look at the EAC Intra Trade hitting 10 billion dollars .
Ghana, is there domestic debt restructure a cautionary tale for other African countries?
In today’s Episode Uganda’s oil and gas industry takes centre stage.
Elison Karuhanga, Chairman of Oil and Gas Committee - East African Law Society reviews, the great, the good, the bad and ugly happenings of the sector in the year 2022
Antoine Kajangwe Director General-Trade and Investment at the Ministry of Trade and Industry (Rwanda) returns for another episode. This time he breaks down how countries can leverage their comparative trade advantages
The African Continental Free Trade Area (AfCFTA) agreement could boost income in Africa by 430bn dollars by 2035.
This will however require hastening of processes and harmonisation of policies to deliver the benefits of the agreement.
Antoine Kajangwe Director General-Trade and Investment at Ministry of Trade and Industry (Rwanda) joins us for this episode
In our 258th episode, we host Dinese Hannewald, the proprietor and CEO, of Grace Clean Energy and; Water Limited (GCEWL), who calls herself a serial entrepreneur, is passionate about creating easy access to affordable clean drinking water.
Lessons from Morocco ‘s football Infrastructure investment. And we look at Rwanda’s GDP growing by 10%.
Have countries had an equitable recovery from the pandemic ? And Ghana Suspends payments on External debt
Nigeria Inflation Rate Climbs to New 17-Year Peak.
And a look at pandemic preparedness.
Roland Christian Habimana, CEO and Founder at SPACES & SCAPES joins us for this Episode of Meet CEO
He discusses Sustainable Architecture, Interior Design and Landscaping.
What is the $3 trillion dollars AFCFTA opportunity?
A look at the dynamic inflation picture on the continent.
Kenya’s President introduces a hustler fund, how will it work? Ghana’s Cedi appreciates.
Private sector activity on the continent registers a mixed picture and we look into what the fast paced world of digital transformation means for the marketing sector.
As discussion on energy transition in Africa gains traction economics warn that Energy poverty is rife on the continent.
Meet The CEO series, Arnuad Nibaruta,Co-Founder of Dot Pharma challenges us on mindset change towards the innovations young people are coming up with to solve every day problems
The power of the political economy phenomenon.
South Africa's government has revised its budget deficit.
De-risking Africa’s agriculture sector, what does this entail? Ethiopia restricts foreign currency use..
Ghana’s Cedi Becomes the worst-performing currency in the world.
Côte d'Ivoire Inflation Rate Hits Fresh 11-Year High, Botswana Food Inflation at Over 13-Year High.
A special Regional Export Facility (REF) of an initial amount of Uganda shillings one trillion has been launched.
The International Monetary Fund’s latest Economic Outlook puts Growth in East, west, central, southern Africa regional blocs at 3.6% in 2022 and will remain subdued at 3.7% in 2023.
Today’s CEO is Ryan O’grady The CEO Kush Holdings and Ag CEO @kushbankss.
He talks about diversification in the Banking Sector and the growth he hopes to see in South Sudan
Josephine Adeti, Ivan Otieno and Isaac Wachira, the founders of Radava Mercantile feature on this episode of Meet The CEO.
The economy of Angola Advances, African Startups have raised over 4bn in 2022 and is Elon Musk back to buy Twitter?
Ghana’s economic woes take centre stage. We also look at the Economies of Morroco and Senegal, did they advance in the Second Quarter?
Generation Z or best known as Gen Z and their disruption of global investment trends.
We also look at Kenya's accelerating Inflation and South Africa's shrinking trade surplus
Somalia Inflation Rate Ticks Down, Namibia’s economy advances and we talk about sustainable investment and why debt stress on the continent poses a danger to it.
Nigeria Lifts Key Interest Rate to 15.5%, Above Forecasts, while Zimbabwe Keeps Key Interest Rate.
In Uganda, The NSSF counts the opportunity cost of the Mid Term Benefits.
Ethiopian Airlines will own 49 per cent equity In Nigeria Air and The Central Bank of Egypt kept its key overnight deposit rate steady
Today’s CEO is Helen Wangari from SowPrecise Africa. She enlightens us about the farm management system that enable farmers to manage their farms remotely from any location!
A mixed inflation picture on the continent and the appointment of a new Central Bank Governor in South Sudan.
Crypto markets hit a fresh low.
The 93.7m Treasury Balance, Is Kenya’s government broke? That and more in this episode,
In this meet the CEO, we talk to Eric Uzabakiriho from Irebe Boitech.
This program is powered by the Jasiri Talent Investor program. Applications for the next program are still open until October 7th. Apply now via jasiri.org/application.
Uganda’s capital markets savings sees 13.7% growth.
Ghana annual inflation rate accelerated to 33.9%
We look at the increased investments in Africa’s aviation sector.
Key interest rates for Namibia and Zambia.
The cost of capital and the delays in delivering the first oil, has it cost Uganda? We continue our in-depth look at the oil and gas sector in Uganda
In this episode we look at South Sudan’s tax rate hike and Kenya’s rising inflation rate.
How research and development can change the way we look at Africa’ s food systems.
Emirates cuts down on number of flights to Nigeria.
On Today's episode of Meet the CEO, we bring you Akol Dok, Managing Partner at Orus Consulting.
He talks about his relocation to South Sudan and also his passion for diversification and what that can do for not just South Sudan, but Africa.
This current food crisis coincides with high debt levels in many developing economies around the world. Largely due to public spending to address the challenges presented by COVID-19, about 60% of low-income countries are currently in, or at high risk of, debt distress, compared with just 30% in 2015, according to the International Monetary Fund
The War in Ukraine Exposes an Urgent Need to Rethink and Improve the
Structure and Resilience of Our Food Systems
Representation in the world of Venture Capitalism, and why that’s so important now.
We also look at Kenya’s falling foreign exchange reserves and the Bank of Ghana’s interest rate decision.
Today’s CEO is an ardent believer in Sports Investment and the change that will bring to the continent.
Meet Rose Maghas, CEO of Rova Sports Academy .
We return with the final part of Post Mortem of Kune Foods.
Are they the poster child for who wields power in the tech scene?
We also look at the racial undertones in fundraising in African starts ups
That and more on this episode.
We return with part two of the Post Mortem of Kune Foods. Was it a combination of bad decisions, or did the recession catch Kune foods off-guard?
Private Sector sentiment across the continent takes a dip and Bank Of Uganda’s emergency meeting and the subsequent rate hike.1
Remarkable economic growth across Botswana, Angola and Seychelles.
And also we start our series; Post Mortem of Kune Foods.
Economies of Senegal and Uganda advance, cocoa prices slump and an in-depth look at the EAC Common External Tarriff.
Today, The Nairobi bourse is the third worst-performing major stock market in Africa and Bitcoin tumbles below 20,000 USD again.
We look at how economies can build back better post COVID-19 . And how Uganda is home to illicit cigarettes in the East African community.
Today episode take us through lessons from The Estonian Start Up Ecosystems and Zimbabwe's Hikes Key Rate to 200 percent.
European Union's 350million pledge towards sustainable food production in Africa and World Bank approves over 300million dollars for Pastoral Economies
In the 175th episode, we bring you a multi-faceted CEO who runs an afro-centric store and loves to be able to do work that brings her joy.
In today’s Meet The CEO, we bring you Lisa Rabwoni, CEO and Founder of Obonire
Morocco Inflation Rate Stands at Over 14-Year High, South Africa May Inflation Rate Hits Over 5-Year High. We also delve into the Economic benefits of the provision of clean water and sanitation.
In Today's episode: Bitcoin rebounded to above $21,000, Namibia expects its biggest oil discoveries to help double its economy by 2040 and also talk about the Sub Saharan’s first social security smart card.
In today's episode, remittances flows to hit 5.4trillion USD in 2030, Fitch Revises Uganda Credit Outlook to Stable and we also look at Clean Water oiling the wheels of trade in East Africa.
Brian Namanya, CEO and Founder of Tubayo, talks to us about setting an online travel marketplace that enables travellers the chance to discover amazing places, with the promise that they can feel at home as they travel in more than 10 countries in Africa
The central bank of Namibia raised its key lending rate, new report has questioned the global commitment to energy transition and Cryptocurrencies Remain Under Heavy Selling Pressure.
In today's episode we look at the continuity of Cryptocurrency meltdown, flight bookings have surpassed pre-pandemic levels and a quick snapshot into Uganda’s economic expansion and growth projections.
Today, we look at South Africa current account widens, Egypt's inflation accelerates for the 6th straight month and the impact of the pandemic on Consumer behaviour.
We look at developments in Aviation from the Ryanair’s proof of nationality test to European Union revokes Kenya Airways plane servicing licence and much more.
Today we look at, Tunisia May inflation rate since 1991, South Africa GDP grows more than expected, Nigeria trade balance swings to surplus and the capital flight at the Nairobi Securities exchange.
Today, we look at the role of Agriculture in The African Continental Free Trade Area and hurdles to be fixed for the its true potential to be realised and also Egypt's international net falling.
In today's episode we are mapping out the effects of COVID 19 on start up eco-systems and Egypt registers a drop in Private sector Activity.
Today’s CEO takes us to Nigeria, Rwanda and Zambia with his mission to create sustainable food production and increased incomes for farmerslacross Africa.
Angola maintains its benchmark policy rate at 20% and Uganda’s inflation hits a 5 year high.
In today's episode we look at Kenya's hiking its interest in the past 7 tears and explore if this anchors inflation and meets the demands of the Kenya Manufacturers Association. We also look at Nigeria's password-stealing software in detections surged to over 100% .
In today's episode we look at Egypt’s privatisation plans, Kenya’s interest rate hike and Zambia's decelerating inflation rate.
Boosting the local startup ecosystems and moody’s revises Egypt's credit rating outlook to negative
He talks to us about being a pioneer and changing perceptions in the tech space and why there needs to be a drastic change in the relationship between start-ups and commercial banks.
We delve into the Y combinator memo and what start ups need to do in the current global economic climate .
Nigeria unexpectedly hikes key interest rate to 13%, Senegal April inflation rate at near 14-year high.
Ghana hikes key interest rate and Nigeria’s economy advances for a 6th straight quarter. We also discuss the correlation between interest rate hikes and inflation.
Morocco's inflation rate continues to accelerate and what global inflation means for inputs in the energy sector .
Today’s CEO takes us to Cote D'Ivoire where he is looking for ways to continuously make Africa safer and is using cyber security as his shield of choice.
Today we are going to talk about; Zambia holds its interest rate steady, while Tunisia hikes its rate.
On the inflation front, Somalia is up, while South Africa is holding steady.
In addition to that, we talk about prepping Starts up for scale.
In Kenya, we delve into Central Depository and Settlement Corporation’s decision to charge stock accounts a 100 Kenya shillings monthly fee.
How African governments are responding to run-away commodity prices. Uganda’s banking industry profits drop and a Tunisia’s economy advances.
Today we are looking at the contribution of the tourism market to Africa's economic growth and probe the future of Crypto currencies in Africa.
Micheal Katagaya, Co-founder Makanika.com joins us for this episode and talks building businesses for the next generation and also what the right regulation on the continent can do for the start-up community.
In today's episode, we look at the crypto market and the effects of luna pulling out 1.4billion dollars from bitcoin and Egypt becoming the largest buyer of gold among the central banks in the world.
Fuel price hikes and its role in fueling dollar shortage in some Africa Markets. Zimbabwe Dollar Depreciates Sharply, and South Africa Forex reserves hit record high.
In Today's episode: AgroBusiness and its role in Africa Continental Free Trade area, inflation In Tunisia accelerates and Zambia PMI posts impressive results.
Today we bring you Kenneth Okello Otieno, CEO of Perfum Plus, the man who went against the tide and started a niche luxury business in the middle of the pandemic.
Rising food and fuel prices and risk of unrest in Africa and also stocks in Nigeria hit 13-year high.
IMF’s new report calls for countries to avoid export restrictions, and oil companies are projected to see a 70% jump in profits.
African Start Ups have raised 2.2bn in the first four month of 2022,Botswana's economy advances and Kenya takes centre stage in this episode.
Today in our Series we bring you Jason Braganza, The Executive Director, who is also an activists and an Avid Sports lover.
In today's episode, the experts talks big data and what it means for global food systems. The Central African Republic has adopted Bitcoin as a legal currency.
In this episode, the experts talk about the emerging developments in the global economy and how this will affect business on the continent.
Equaino Cable Lands In Nigeria and an in-depth look at the PMI numbers and what they signify for business sentiment
Today’s CEO talks about relocation across continents and maintaining quality standards in the absence of the proprietor.
In today’s episode, Ghana's Inflation Rate is at its Steepest since 2009 and Namibia's Economy losing steam, that and the analysis of the Kenyan Budget for 2022/23
In today's episode, we are talking about the forms of partnership in Aviation and how they can multiply market reach.
We also talk about monumental US inflation numbers and the Bank of Uganda’s record low CBR.
South Sudan’s Economy diversification attempts, Angola’s economy advancing and Bank of Ghana’s clamping down attempts
Today we bring you a budding entrepreneur whose business is born of necessity. She describes herself as a hustler who is passionate about creating opportunities for the less privileged.
In this episode, we are talking about innovations and new product lines in insurance that loo to future-proofing education.
In today's episode we look at Private sector activity numbers dominate and why an employee is retraining critical in this era of banking?
The Bank of Uganda insists it is not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended.
While there is excitement about the benefits that come with integration of Democratic Republic of Congo into the East Africa community there are also questions about the economic and political issues that both the community and DRC are dealing with.
Benjamin joins us to discuss readying this and the next generation for leadership,the world of work and entrepreneurship.
IMF’s Stance on Personal Income Tax, Senegal’s economic expansion and an in-depth look of what the East African Community gains from DRC’s entry.
It is a big day for Kenya, with its CBR announcement and Over half of Kenya's gross domestic product was transacted via mobile money. We also review Africa’s cyber security vulnerabilities.
In this episode we are looking at an in-depth look at the profit margins posted by the Kenyan Banks amidst high NPLs and Zimbabwe's inflation rate increased to 72.7%
In today's episode, we host Sandra Asimwe and she walks us through the journey of establishing a niche business in Uganda.
The Sanctions dilemma, are those targeted actually feeling the pinch? This, Egypt’s new Suez Canal Charges and Kenya’s fertiliser crisis in this episode
In this episode, we delve into sanctions and also inflation numbers from Morroco and Ivory Coast
South Sudan’s external public debt was estimated at US$1,355 million (41 percent of GDP) as of end-June 2020.
Institutional investors play a significant role in local investment because of the magnitude of assets they hold, with the pandemic demonstrating their importance as domestic market participants.
In today's episode, Anna Kakuba joins us to talk business growth, networking and the dreaded transition from employment to self-employment.
As the global economy struggles to recover from the worst health crisis in a century, African economies face the twin challenges of reinvigorating financial markets while strengthening market infrastructure through technological innovation and investment-enabling policies.
Africa accounts for just 2.9 percent of global trade and only about 17 per cent of African exports are intra-continental, compared with 58 per cent for Asia and 65 per cent for Europe.
In its 5th year the recently Absa Africa Financial Markets Index (AFMI) for 2021, saw 3 of the 23 countries improve their ranking.
Stephen Ochola is known as an innovator, architect and a host of other titles because he believes in the principle of multi-discipline, he joins us to walk us through his navigation of the real estate industry through WOODSTONE GROUP
Growth for Sub Saharan Africa for 2022 was earlier predicted to be just shy of 4 per cent, continuing to lag the recovery in advanced economies and emerging markets.
Women In Business and the changes happening in the banking industry to facilitate the growth of their business.
At the close of last week, Crude oil had 7year high levels of 118 dollars a barrel. The prices of metals and other commodities also saw all time highs on the various indexes.
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in 2021 to 2.7 million boepd in 2030 due to vast undeveloped deepwater resources, Rystad Energy research shows.
Global oil prices are soaring above $100 today as supply concerns emanating from the conflict in Ukraine gather pace.
In today's episode we are going to see how countries around the world are striving to improve their educational systems with a view of improving their economy and society.
The government hopes to lift its current debt ceiling from KSh9.0trn, which was last revised in 2019, to KSh12.0trn in order to avoid a large, front-loaded consolidation.
In today’s episode of Meet The CEO, We bring you Suesanne Tusiime, CEO 180 Degrees Glow Skin Care who has fine-tuned the art of presentation through skincare and Bespoke Fashion.
Parts of Uganda’s economy went through a 22month lockdown and this has had a significant effect on the economic growth, but also the banking sector.
Sharing the initial cost of connection across all electricity users, including large- and medium-size firms, as a way taking away the burden of upfront connection costs for poor households.
This Friday we bring you Georgette Ochieng Ndabukiye the Co-Founder of Wazi Vision who walks us through the story of Eyewear that highlights the artistry and creativity of artisans across the continent.
It is estimated that between 60-70% of the future electricity supply in Sub-Saharan Africa will come from off-grid systems (both isolated and mini-grids).
Fake news is 70% more likely to be retweeted and spreads 10 to 20 times faster than the truth. The rise in misinformation is causing economic losses to major sectors including healthcare, politics, eCommerce, media, and finance.
Airlines operating scheduled passenger flights within the East and Central Africa region risk paying up to 10 percent of their turnover generated within the bloc in fines if found culpable for breaching customers' rights.
This edition of the Africa Cup of Nations (Afcon) has gone a long way to define a new chapter for the tournament, establishing it on the world football map.
Global data traffic has increased one thousand times over the last 20 years. This explosion of data creates an ever-growing demand for data infrastructure.
Sudan's attempts to recover from a deep economic crisis and re-enter the global economy after decades of isolation where short-lived after The World Bank, US and a multitude of organisations paused its economic support to Sudan.
There is a saying, When your neighbor's house is on fire, you do sit by and watch because your house could be next.
In this episode, we explore the key factors in the growth of Data Centres on the continent. How big an impact had the revolution of the internet of things had on the growth of the data centre market in Africa?
The Rwanda- Uganda relations starts a new chapter today. We will be talking about the expectations and what the new dynamics means for the East African Common Market.
This week we meet Raxio Uganda’s James Byaruhanga and he tells the story of what it takes to build the first carrier-neutral data centre in Uganda
As we bring our Islamic Finance series to an end we explore challenges to the growth of Islamic Finance and how innovation and technology in this space could change the sector as we know it.
In today’s episode, we continue our conversation on Islamic Financing.
We look at its penetration in Africa, the countries leading the charge and even the role Africa’s demographics will play in expanding IF on the continent.
In This episode, we are joined by Faizal Bhana the Director for the Middle East, Africa and India at Jersey Finance. He breaks down the concept of Islamic Financing and gives insight into how it works.
In today's episode we open the conversation to the multiverse, and no, we are not talking Marvel here.
Today’s CEO walks us through the story of many small businesses and what it’s like scaling from home production to full-scale manufacturing.
Central bank-backed digital currencies are becoming a reality.
Unlike cryptocurrencies, these currencies promise less volatility and greater security because of the backing of their respective monetary institutions, responsible for ensuring financial stability.
I this episode, we talk about Cryptocurrencies. Are they taking root in Africa? What is the uptake, volatility and so much more.
While for many the advantages of the metaverse are still far off, in this episode we delve into how African innovators can tap into the multitudinous opportunities that come with the metaverse
Football is undoubtedly Africa’s most popular sport, and this makes The Africa Cup of Nations being the biggest tournament in Africa, a no brainer.
Kafunda Kreatives has built it's reputation as a fellowship of Creatives not just learning from one another but collaboration to build brands.
Today we meet the Team Lead and CEO David Oguttu.
The COVID -19 pandemic’s reign of terror has left The Aviation sector is coping with that loss, with airports and air navigation services providers losing a further 115 billion and 13 billion.
In this episode, we look at the trends that Aviation Recovery especially in Africa.
Is the alliance between Kenya Airways and South African Airways the next step in revival of the two fallen giants?
In our first episode of the year, We look at the Pension sector in Africa and why broader policy discussions are necessary to propel it further
The Covid-19 pandemic has led to more digital adaptations across various sectors with financial institutions at the forefront of these changes. But What kind of impact has the pandemic had on the use of digital products?
Since its launch in 2018, the Electricity Regulatory Index has highlighted aspects of electricity regulation that need reform, identified appropriate areas for intervention, and encouraged stakeholders to be proactive in addressing challenges.
Uganda features as our case study on what can be done better .
In this episode we explore lessons learned from the pandemic and how they can be applied in designing a better future for higher education
MVend is looking to help growing startups and agile enterprises realize new business outcomes at scale.
In today's Episode we talk to the CEO Bob Rugambwa about the MVend Journey
Higher Education faces numerous challenges, key among them are diminishing return on investment degrees and a rising competition from new actors.
This has given credence to the question, is Higher Education Still Valuable?
Fundraising by African startups is projected to reach $5 billion in 2021, more than in the previous three years combined.
Why is the investment trend changing now?
African airlines could post wider losses this year due to new travel restrictions related to the emergence of the Omicron Covid-19 variant.
The COVID Pandemic has fast tracked the conversations on Education Reforms.
How do countries go about ensuring their education systems are holistic and tailor made to the needs of the continent?
If you have heard about We Belong, then it's Co-Founder Jana Degrott should be a familiar name.
In this episode she talks finding about combining her knowledge from her different walks in life and pooling all that into We Belong
MTN became the biggest publicly owned company after listing on the Stock Exchange.
The 150million dollar IPO is the first listing in over 7 years.
Has it provided the wake - call needed for the Capital Markets in Uganda?
Sub- Saharan Africa needs upto 73bn dollars of investment in the Agricultural sector.
How do development finance institutions fine tune themselves for this investment?
The equilibrium between industrialization and environmental quality, is it achievable?
The private sector weighs in.
The East Africa Community made a commitment in 2017 to remove all Non Tarriff Barriers.
Has the removal of NTBs yielded any results?
In today’s special, @RuthAdong speaks to Ghana’s Vice President H. E Dr. Mahamudu Bawumia.
In this episode we look at the impact of the economic fallout of the Rwanda Uganda relationship.
With over 100 digital lending platforms in Kenya, could the rising defaults cause a shake up of the sector?
New export data shows a shake up in trade partners in East Africa.
Kenya and Tanzania are playing nice, while Kenya and Uganda are still frosty.
In this episode, our Economists give us insight to the changing export tide.
In the second part of the Meet the CEO: Paula Mugisa she talks about everything from burn out, mental health and the glamourised life of an entrepreneur?
Is it all worth it ?
In this episode we look at why African countries are struggling to address population challenges in their budgets.
Rwanda's central bank monetary policy has maintained the key repo rate at 4.5% at the latest MPC statement.
With the economy having grown by more than 20% in q2, the central bank boss expects a stronger growth in the second half of the financial year.
East Africa is projected to post an economic growth rate of 4.1 %
John Kalisa discusses the multitude of provisions the different governments are doing to post and surpass this growth rate.
In our 50th episode we meet another CEO: Today's CEO wants to build a community of African Entrepreneurs who grow and support each other.
Meet the CEO of Teesa
Paula Mugisa
In this episode we look at the role digitization could play in bringing about tax compliance in Ghana.
In this episode we look at the resilience of microfinance institutions at the peak of the Covid-19 pandemic.
In this episode we look at the sustained depreciation of the Kenya shilling, is it just the global factors or is there more to the story ?
Is Kenya's Banking industry at risk of rising NPLs?
Many economists argue that the recent directive by the Kenyan Presidents that cushions borrowers from CRB could be a decisive factor.
In this episode we look at the Pandora papers and the illicit financial flows on the continent.
October is cyber security awareness month. In this episode we look at the implications it has had on financial institutions.
In this final episode on IP, we look at how Intellectual property can be used to protect African creations and the forth Industrial revolution.
In this episode of Meet the CEO, we speak to Paul Charles Rukundo, the Chief Executive Officer at Smart Business Intelligence (SBI).
In part 2 of our series on Intellectual Property l, we find out why the uptake of IP rights is still low.
We begin our series on Intellectual property (IP) with MMaks Advocates lawyer Nakabugo Grace.
We look at how South Sudan could benefit from the global oil price boom.
And Chad’s debt distress
We Cash Up has been hailed as the largest pan-African payment gateway. In this episode we speak to the co-founder Cedric Atangana.
In this episode we look at the fiscal spending of African governments and how to get it back to pre-pandemic levels.
South African Airways and Kenya Airways announce a possible joint venture, could a pan-African Airline be on the horizon?
Rwandair, Uganda Airlines and Air Tanzania announce new routes.
In this episode we look at Which African countries are in danger of another debt crisis? And the ever increasing global crude oil prices.
MTN Uganda is back in the news.
In this episode we look at the Facebook downtime, who were the biggest losers and what can the tech space on the continent pick from this.
In our meet the CEO feature, we talk to Dr. Angella Mirembe who started out with a day care and has evolved to doing more with the same platform. She shares her passion for child care and symptous meals.
The Africa France Summit and the Revision to the UK list, this and so much more in this episode.
Africa's Insurance penetration stands at 2.78%, poised to grow at about 7% between 2020 and 2025, Analysts shed light on the slow penetration, the potential of the industry and where the new insurable risks lie.
World Bank also released the Sub-Saharan economic growth projections.
Find out how much of this growth is dependent on COVID inoculations.
MTN Uganda's impending IPO and if it's the much needed push for more listings on the Uganda Securities Exchange.
We also look at Evergrande woes and it's effects on other real estate companies in China.
In this Episode we analyse the burden of the rising debt stock in Kenya, and it's effects on the economy.
Evergrande woes crosses over to the continent's Stock Markets.
We speak to Dr. Ndougou Salla Ba from the World Health Organization on what it will take for the rest of the continent to meet the inoculation targets.
We begin our meet the CEO feature with the CEO of Eza Neza, Christian Irakoze.
Why are investors on the Nairobi securities exchange dumping stock?
Global oil prices continue to climb with Brent reaching nearly $80 a barrel.
We look at what this means for African countries on both ends of the spectrum.
Zimbabwe’s economy is expected to grow by 5.1% in 2021 at a time when most economies in SSA are below the 2.8%. So what is Harare doing right?
In this episode we speak to Alan Majuru, the CEO Zim trade.
According to the IMF: Tanzania requires urgent financial support of $1.1 billion (1.5 percent of GDP) in the next 12 months to avert a potential economic fallout arising from the Covid-19 pandemic and the rising import bill linked to rising crude oil prices.
Africa is set to miss the urgent global goal of vaccinating the most vulnerable 10% of every country’s population against COVID-19 by the end of September.
According to new data from the World Health Organisation, Forty-two of Africa’s 54 nations, nearly 80%, are set to miss the target if the current pace of vaccine deliveries and vaccinations hold. Marie-Ange Saraka-Yao, Managing Director, resource mobilisation, private sector partnerships at GAVI, joins live for more.
Africell are the latest telco to announce their exit from the Uganda Market, we find out why.
Rwanda achieves World Health Organisation 10% vaccination target.
Private sector financing in the energy industry is regarded as a necessity if African economies are to adopt renewable energy.
In this episode we try to look at the alternative means of financing for the sector.
Regional trade is expected to be the big winner as South Sudan and Sudan set to re-open the borders. The two countries agreed to resume trade activity and cooperate on transport and security beginning in early October for the first time in 11 years. We speak to Akol Dok , an economic analyst on the importance of the border reopening for both economies.
The World bank has announced that it will discontinue its doing in business report after an internal audit and report revealed manipulation in previous findings.
We speak to economic analysts on how this will impact FDIs on the continent.
In this episode we look at some of the better performing currencies on the continent.
Zambia’s Kwacha and Uganda’s Shilling are the 2 better performing currencies.
Catherine Kyijagube from Absa bank breaks this down.
In this episode we speak to economic analyst Akol Dok on the recovery of South Susan’s economy.
Can the country diversify it’s oil dependent economy?
Uhuru Ombeni, a senior investment analyst at Tanzania securities limited speaks to us on the country’s economic progress and vision 2025.
In Part 2 of our 3 episodes series on economic recovery of East African states,; we look at Kenya and Ethiopia.
We speak to Zemedeneh Negatu, chairman fait fax global on Ethiopia’s recovery efforts.
And George Bodo, an economic analyst in Nairobi on Kenya’s economy.
In this episode we look at the economic projections of Rwanda and Uganda.
We speak to:
Uganda’s minister of finance Matia Kasaijja.
Rwanda’s Governor of the Central Bank, John Rwangombwa.
It’s no doubt that the beverage industry had to change the way it operated if it was to survive the peak of the pandemic. But how did they manage to just about more than so that…survive?
Alvin Mbugua, Outgoing Managing Director of UBL tells us how.
Dr. Ebere Okereke from Africa CDC explains the lessons picked from the Covid-19 pandemic and why the 2001 Abuja declaration is important.
Churchill Ogutu, Head of research at Genghis Capital expounds on the latest M-Pesa milestone.
The head of the United Nations for Economic Commission for Africa (UNECA) Vera Songwe discusses the importance of the special drawing rights.
What are special Drawing Rights and what do they mean for African economies?
A coup in Guinea, what does this mean for the Aluminum industry?
We speak to #Somalia’s finance minister Abdirahman Beileh on the country’s economy.
Global food commodity prices have rebounded rapidly but what does this mean for farmers on the continent?
African countries have been battling the influx of second hand clothing for an extended period.
We also look at the increased demand for Zambia’s bonds.
Earnings Alert: I&M Bank Rwanda Half year Results. Uganda Clays Limited posts strong rebound.
The future of e-mobility in Africa.
In this episode of Good Morning Africa, Ruth Adong looks at how functional e-mobility can be in East Africa