Episodes
๐ Meet Eugene Tawiah, the CEO and co-founder of SecondSTAX.๐ BK Capital Initiates Coverage of MTN Rwandacell Plc with Positive Outlook.๐World Bank Warns: Levelling Commodity Prices Threaten Inflation Prospects.
Published 05/03/24
๐ Zimbabweโs new gold-backed currency came into general circulation.๐Unlocking Growth: African Capital Markets in Focus with Eugene Tawiah. ๐ Coca-Cola Eyes IPO for African Bottling Business.๐Twiga Foods Appoints New CEO After Founder's Resignation.
Published 05/02/24
๐ British consumer goods company PZ Cussons may sell its Africa operations.๐ Nigeria's Economic Reforms: Insights from CBN Governor. ๐ Global Upstream M&A Deals Set to Surge in 2024. ๐Kuda, Moniepoint, OPay, and Palmpay Halt New Account Openings Amidst CBN Directive.๐ Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment.
Published 04/30/24
๐ National Planning Around Scarce resources.๐ 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.๐ 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%.๐A firm associated with a distant relative of Abu Dhabi's royal family has struck a deal to lend South Sudan โฌ12 billion ($12.9 billion) in exchange fo...
Published 04/29/24
๐ Meet the CEO: Meet Aรฉko Ongodia Founder & CEO of XENO.๐ 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.๐ Flutterwave, Africa's leading digital payments firm, undergoes corporate team restructuring in preparation for an IPO, says CEO.
Published 04/26/24
๐ African countries will pay $74-billion in debt service payments this year.๐Uganda's investment culture is changing. XENO Uganda's CEO, Aรฉko Ongodia, shares insights on acquiring over 100,000 clients and managing billions in investment capital in an emerging market.๐ The Kenya Shilling appreciation against the US Dollar appears to have finally hit the floor and could be in reverse gear. ๐African countries are racing to enact rules for non-resident suppliers to account for taxes on elect...
Published 04/24/24
๐ M-Kopa to inject over $10 million to boost uptake of electric motorcycles.๐How can Uganda's fourth National Development Plan be aligned with opportunities under the Africa Continental Free Trade Area during the planning phase?๐ The JSE index was up for the fourth consecutive session on Tuesday, trading above the 74,000 level, tracking most of its global peers.๐ The worldโs electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million.๐South Africa seeks investors an...
Published 04/24/24
๐ IMF forecasts predict that Nigeria, once dubbed Africa's largest economy, is set to relinquish its crown and slide to fourth place this year.๐ UN Trade and Development (UNCTAD) has warned of a possible further growth deceleration in 2024, citing falling investments and subdued global trade dynamics. ๐ A just energy transition in Uganda.
Published 04/23/24
๐ Meet the CEO: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited๐The JSE All Share index remained stable near the 73,000 level on Thursday, hovering close to one-month lows, amid varied quarterly company reports worldwide.๐ The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.
Published 04/19/24
๐ Samsung has overtaken Apple as the leading mobile devices provider.๐ Antonio Querido, the FAO Country Representative in Uganda returns to discuss the slow uptake of renewable energy in the Agriculture sector. ๐ Vodacom Tanzania PLC has acquired broadband internet provider, Smile Communications, after purchasing all its shares to a tune of US$ 27.4 million. ๐ The UN Trade and Development (UNTD) warns of a continued global economic slowdown in 2024, following a mil...
Published 04/18/24
๐ Ghana fails to strike a deal to restructure $13 billion of international bonds.
๐ Exploring the Crucial Role of Argitech in Advancing Climate-Smart Agriculture and Maximizing Yields
๐ Cocoa futures drop by 7.5% to $10,108 per tonne, attributed to heightened volatility and reduced market liquidity.
๐ The International Monetary Fund (IMF) has revised down South Africaโs 2024 growth forecast by a marginal 0.1% from a January forecast of 1%, to 0.9%.
๐ Angola's March 2024 inflation hits...
Published 04/17/24
๐ Nigeria Inflation Rate hits 28-year highs.
๐ Cocoa futures reach new high, surpassing $10,800 per tonne, amid global supply concerns.
๐ 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.
๐ Moderna suspends Kenyan vaccine plant construction due to $1B loss from falling COVID-19 vaccine demand since 2022
๐ Uber unveils Uber Teen accounts in South Africa, allowing 13 to...
Published 04/16/24
Christian Intwari, the founder of โOur Pastโ, 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.ย
Published 04/12/24
๐ Blended Finance: What is it and how can SMEs align themselves to get it?ย
๐ Ethiopia's stock market progresses, ESX surpasses capital-raising phase by over 200%.
๐ Zimbabwe adopts gold-backed currency, ZSE begins trading.ย
๐ CBN restructures staff, terminates 40 individuals primarily from DFD.ย
๐ Bank of Uganda raises benchmark interest rate by 25 bps to 10.25%.
๐ World Bank, Ethiopia sign $1.72B loan agreements for infrastructure development.ย
Published 04/09/24
๐ African startup closures hit record highs due to funding drought. CEO strategies during this "funding winter" discussed by Mona Ssebuliba of Abi Finance.
๐ OPEC and allies maintain oil output policy until June.
๐ Cocoa futures dip after hitting all-time high, now below $9,800/tonne.
๐ Uganda's economy grows by 5.5% in Q4 2023.
๐ African airlines see record revenues and seat numbers, per African Airline Association report.
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Published 04/08/24
๐Meet the CEO: Stacy Tusabira CEO of Starr_e Jewellery Empire.
๐ JSE All Share index rises 1.7% to 75,373, recovering from recent losses.
๐Tanzania's central bank raises key rate to 6%, citing global inflation pressures.
๐Stanbic Bank Kenya PMI drops to 49.7, signalling private sector contraction.
๐Stanbic Bank Uganda PMI falls to 49.3, indicating worsening business conditions.
Published 04/05/24
๐ Preparing Youth: Skills for Employment and Entrepreneurship.
๐ JSE All Share Index Dips, IMF Talks with Ethiopia Stall.
๐ PwC Report Urges Greener Food Production in Africa.
๐ Kenya Slips to 7th in Africa for Hotel Room Development.
Published 04/04/24
๐ Kenya shilling gains 19% against USD.
๐ Bitcoin faces selling pressure ahead of halving
๐ IFC invests $10.5M in African tech startups
๐ Thepeer, Nigeria's API startup, shuts down.
๐ Triply selected for Y Combinator's winter 2024 batch.
๐ Seychelles economy shrinks by 3.2% in Q4 2023.
Published 04/03/24
๐ Coursera CEO Jeff Maggioncalda on Technology, AI, and Reskilling.
๐ Kenyan Currency Strengthens: 30 Units in Two Months, 19% Gain.
๐ WTI Crude Futures Surge to $83.5, 5-Month High Ahead of OPEC+ Meeting.
๐ Fitch Ratings: Kenya's 'B' Credit Rating, Negative Outlook.
๐Morocco's Q4 2023 GDP Growth: 4.1% YoY Surge.
๐Mauritius Economy Soars: 7.3% Growth in Q4 2023.ย
Published 04/02/24
๐ Meet the CEO: Collins Muyanja, CEO at Ranchers Finest Limited.
๐ South Africa's Trade Surplus Hits ZAR 14 billion in February 2024.
๐ Botswana Economy Grows 1.9% YoY in Q4 2023.ย
Published 03/29/24
๐ Should We Rethink Reskilling on The Continent?
๐JSE All Share Index Up at 73,920: Industrials, Financials, Telecom Lead.
๐ South African Rand Edges Up to 18.89/USD on Rate Expectations.
๐Bank of Tanzania to Sell US Dollars to Combat Shortages.
๐Mozambique's Central Bank Cuts Key Interest Rate to 15.75%.ย
๐South African Reserve Bank Holds Repo Rate at 8.25%.
๐Kenya Airways Reduces Annual Net Loss, Achieves Operating Profit.ย
Published 03/28/24
๐African Tax Revenue: Bridging the Gap for Public Services.
๐Africa Finance Corporation Closes Largest-Ever Debt Facility.ย
๐Zambia Strikes Deal with Private Creditors on $3 Billion Bond Restructuring.
๐Nigeria's Central Bank Raises Key Rate to Record 24.75% to Tackle Inflation.
๐East Africa Plans Common Goods Standard to Combat Counterfeits.
Published 03/27/24
๐ Meat Processing Industry: Potential and Growth Barriers.
๐Startup Shutdown: $200M Operational Investments Lost in Africa.
๐Stanbic Uganda Posts 15.2% Profit Growth, Hits Shs412 Billion.
๐Bank of Ghana Maintains Benchmark Rate at 29%.
Published 03/26/24
๐ How can local economies be lifted to impact their communities and contribute to GDP ?
๐ Naira Slightly Appreciates, Trading at N1,431.49 to Dollar.
๐Global Experts Adress Africas Nations Climate Funding Grievances.ย
๐UN Report: International Trade Set for Rebound in 2024.
Published 03/25/24
๐A look at Retirement Benefits Utilisation.
๐Top Egyptian investment bank mulls partial IPOs and capital hikes for businesses like Valu to boost shareholder value.
๐Gold surpasses $2,200/ounce, hitting record highs on Thursday as investors anticipate central bank easing.
๐ The Central Bank of Nigeria on Wednesday announced it has cleared all โvalidโ foreign exchange backlogs.
๐Farmers to earn more from UK flower exports after suspension of 8% duty fee.
Published 03/22/24