Claim OwnershipGood Morning Africa
Subscribed: 81Played: 4,373
Subscribe
© 2024 Good Morning Africa
Description
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.
659 Episodes
Reverse
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 rateMTN Uganda’s fintech arm on why their focus has been on enhancing liquidity requirements. For more visit www.bkcapital.rw
🎙Meet the CEO: Meet Pheona Wall, CEO of the League of East African Directors (LEAD).🎙Zimbabwe's ZiG Currency: Slow Adoption (Only 20% of Transactions).🎙Gallup Survey: Respect for Women in Africa Decline.www.bkcapital.rw
🎙 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, Turke...
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...
🎙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 ...
🎙 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...
🎙 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 B...
🎙 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 20...
🎙 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 fi...
🎙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...
🎙 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 fe...
🎙 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,...
🎙 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 ...
🎙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 ...
🎙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 progr...
🎙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 gro...
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
Download from Google Play
Download from App Store
United States