🎉 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/

🎙️ 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/

🎙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.

🎙️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/

🎙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.

🎙️  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/

🎙 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.

🎙️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/

🎙  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.

🎙️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/ 

🎙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.