Good Morning Africa

🎙 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...

🎙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...

🎙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 S...

🎙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.

🎙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...

🎙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...

🎙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 ha...

🎙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 lat...

🎙 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...

🎙 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...

🎙 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.

🎙 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, Cu...

🎙 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....

 🎙 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...

🎙 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 internati...

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...

🎙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 f...

🎙 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% jum...

🎙 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-yea...