The $200B Cargo Diversion and its impact on Africa.
Update: 2024-03-04
Description
🎙 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.
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