Episodes
π Nigeriaβs central bank withdraws cybersecurity levy.π East Africa's Insurance Boom: Ready for Takeoff?πKenya's E-commerce Star Copia Global Faces Uncertainties.π Africa's Infrastructure Report 2024: Charting the Path to Industrial.π Kenya's Q4 2023 Growth Settles at 5.1% .
Published 05/21/24
πAfrica's Booming Pharma Market Faces Counterfeit Crisis: Can Innovation Help? π Kenya exempts Zimbabwean travelers from paying the Electronic Travel Authorizationπ Angola Raises Rates by 50 Bps to Fight 19.5% Inflation. π Benin Ends Port Ban, Oil Spigots Open for Niger After Year-Long Spat.π Tunisia's Economy Inches Up 0.2% After Stagnant.
Published 05/20/24
π Meet the CEO: Meet Samuel Okwuada, CEO & CO-Founder At Remedial Health.π Emirates to Resume Daily Flights to Nigeria from October 1, 2024.π Kenya Faces Rising Shipping Costs Amid Escalating Red Sea Attacks.
Published 05/17/24
πAfrican Union Commissioner Amani Abou Zeid Addresses Clean Cooking Finance at Summit.πJSE Index Climbs Above 79,000, Driven by Resource Stocks and Financials.πBank of Tanzania Prohibits Unlicensed Digital Lenders.πKenya's Proposed 15% Tax on Infrastructure Bond Interest Raises Concerns.πNigerian Micro-Entrepreneurs Lag in Mobile Money Usage, Survey Finds.
Published 05/16/24
π PwC Study Reveals Impact of Digital Tax Stamps on Ugandan Manufacturing Sector, Simon Kaheru Discusses Tax Impact on East African Community Competitiveness.π JSE Index Closes Slightly Down at 78,633 as Investors Await Inflation Data.π American Express Introduces Four New Credit Cards in Nigeria.π OPay's Valuation Soars to Nearly $3 Billion, Says Opera.π Ghana to Pioneer Blockchain Technology in E-Government Processes.
Published 05/15/24
π Microsoft is closing down its Africa Development Centre.π COMESA Competition Commission CEO Discusses Anti-Competitive Practices.π Safaricom Posts 3.5% Rise in Annual Core Earnings Amid Growth in Home Market. π AFC Commits β¬381.5 Million for Road Infrastructure Development in Angola. π UN Report: Drug Trafficking Surges, Threatening Stability in Africa's Sahel Region. BK Capital link : https://bkcapital.rw/
Published 05/14/24
π Nairobi Stock Exchange Flourishes: Q1 2024 Market Cap Hits Sh1.8T.π Effects of the lack of proper implementation of the competition laws in Africa.πJumia's Q1 2024 Financials Spark 17.92% Surge in Share Price.π South Africa's Foreign Exchange Reserves Dip to $61.795 Billion in April 2024. π "Namibia's Annual Inflation Rate Rises to 4.8% in April 2024. π Ghana's Annual Consumer Inflation Eases to 25% in April 2024.
Published 05/09/24
π The Role of Technology in Unifying Africaβs Capital Markets.π Jumia Slashes Operating Losses by 70% in Q1 2024.πNigeria to Implement Revised Cybersecurity Act with Increased Transaction Fee.π Amazon Enters South African Market: A New Era for African E-Commerce.
Published 05/08/24
π Ensuring Consumer Protection in East Africa: Insights from Commissioner Sam Kuloba Watasa. π The Nairobi Securities Exchange (NSE) Sees Market Capitalization Surge by 22.79% in Q1 2024.πKenyan Organizations Secure Exclusive Access to $20 Million Funding for Projects. π Safaricom-Backed Kenyan Agritech Startup iProcure Enters Administration Over Unsettled Debts.π Nigerian Logistics Startup Renda Secures $1.9M in Pre-Seed Funding.
Published 05/07/24
π JSE climbs to 76,650, driven by resource stocks, tech, industrials, and retailers.π The average payment for ransomware attacks has increased by 500%. πNSSF's Alex Rumanyika on Agricultural Sector Ventures.π Rwanda's Producer Prices Up 13.4% Year-on-Year in March 2024.π Reserve Bank of Malawi Maintains Benchmark Rate at 26%. π Morocco's Unemployment Rate Climbs to 13.7% in Q1 2024.
Published 05/06/24
π Meet Eugene Tawiah, the CEO and co-founder of SecondSTAX.π BK Capital Initiates Coverage of MTN Rwandacell Plc with Positive Outlook.πWorld Bank Warns: Levelling Commodity Prices Threaten Inflation Prospects.
Published 05/03/24
π Zimbabweβs new gold-backed currency came into general circulation.πUnlocking Growth: African Capital Markets in Focus with Eugene Tawiah. π Coca-Cola Eyes IPO for African Bottling Business.πTwiga Foods Appoints New CEO After Founder's Resignation.
Published 05/02/24
π British consumer goods company PZ Cussons may sell its Africa operations.π Nigeria's Economic Reforms: Insights from CBN Governor. π Global Upstream M&A Deals Set to Surge in 2024. πKuda, Moniepoint, OPay, and Palmpay Halt New Account Openings Amidst CBN Directive.π Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment.
Published 04/30/24
π National Planning Around Scarce resources.π 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.π 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%.πA firm associated with a distant relative of Abu Dhabi's royal family has struck a deal to lend South Sudan β¬12 billion ($12.9 billion) in exchange fo...
Published 04/29/24
π Meet the CEO: Meet AΓ©ko Ongodia Founder & CEO of XENO.π 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.π Flutterwave, Africa's leading digital payments firm, undergoes corporate team restructuring in preparation for an IPO, says CEO.
Published 04/26/24
π African countries will pay $74-billion in debt service payments this year.πUganda's investment culture is changing. XENO Uganda's CEO, AΓ©ko Ongodia, shares insights on acquiring over 100,000 clients and managing billions in investment capital in an emerging market.π The Kenya Shilling appreciation against the US Dollar appears to have finally hit the floor and could be in reverse gear. πAfrican countries are racing to enact rules for non-resident suppliers to account for taxes on elect...
Published 04/24/24
π M-Kopa to inject over $10 million to boost uptake of electric motorcycles.πHow can Uganda's fourth National Development Plan be aligned with opportunities under the Africa Continental Free Trade Area during the planning phase?π The JSE index was up for the fourth consecutive session on Tuesday, trading above the 74,000 level, tracking most of its global peers.π The worldβs electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million.πSouth Africa seeks investors an...
Published 04/24/24
π IMF forecasts predict that Nigeria, once dubbed Africa's largest economy, is set to relinquish its crown and slide to fourth place this year.π UN Trade and Development (UNCTAD) has warned of a possible further growth deceleration in 2024, citing falling investments and subdued global trade dynamics. π A just energy transition in Uganda.
Published 04/23/24
π Meet the CEO: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies LimitedπThe JSE All Share index remained stable near the 73,000 level on Thursday, hovering close to one-month lows, amid varied quarterly company reports worldwide.π The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.
Published 04/19/24
π Samsung has overtaken Apple as the leading mobile devices provider.π Antonio Querido, the FAO Country Representative in Uganda returns to discuss the slow uptake of renewable energy in the Agriculture sector. π Vodacom Tanzania PLC has acquired broadband internet provider, Smile Communications, after purchasing all its shares to a tune of US$ 27.4 million. π The UN Trade and Development (UNTD) warns of a continued global economic slowdown in 2024, following a mil...
Published 04/18/24
π Ghana fails to strike a deal to restructure $13 billion of international bonds.
π Exploring the Crucial Role of Argitech in Advancing Climate-Smart Agriculture and Maximizing Yields
π Cocoa futures drop by 7.5% to $10,108 per tonne, attributed to heightened volatility and reduced market liquidity.
π The International Monetary Fund (IMF) has revised down South Africaβs 2024 growth forecast by a marginal 0.1% from a January forecast of 1%, to 0.9%.
π Angola's March 2024 inflation hits...
Published 04/17/24
π Nigeria Inflation Rate hits 28-year highs.
π Cocoa futures reach new high, surpassing $10,800 per tonne, amid global supply concerns.
π 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.
π Moderna suspends Kenyan vaccine plant construction due to $1B loss from falling COVID-19 vaccine demand since 2022
π Uber unveils Uber Teen accounts in South Africa, allowing 13 to...
Published 04/16/24
Christian Intwari, the founder of βOur Pastβ, 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.Β
Published 04/12/24
π Blended Finance: What is it and how can SMEs align themselves to get it?Β
π Ethiopia's stock market progresses, ESX surpasses capital-raising phase by over 200%.
π Zimbabwe adopts gold-backed currency, ZSE begins trading.Β
π CBN restructures staff, terminates 40 individuals primarily from DFD.Β
π Bank of Uganda raises benchmark interest rate by 25 bps to 10.25%.
π World Bank, Ethiopia sign $1.72B loan agreements for infrastructure development.Β
Published 04/09/24