Good Morning Africa

Kampala is one of the cities in Africa that is on the first track of development, with the city producing 65% of the country's GDP and being the one and only city in Uganda contributing 80% of the country's industrial and commercial activities. With their high urbanization rate; it has led to the depletion of the green cover of Kampala.

Rinah KIZZA CEO and owner of Ri's Munch joins us today on this episode of meet the CEO to inspire all you business men and women out there that think you can't make it.

The ongoing conflict in Khartoum has caused significant economic disruption, including food shortages, blackouts, and inflation. The city, previously considered a stable financial center, has become a war zone with frequent shelling and air attacks.

Ghana receives the financial assurance it needs from the Paris Club after the meeting of the official Creditors Committee, chaired by China and France, paving way for the Board of the International Monetary Fund(IMF) to approve of the country's pending $3 billion loan-support programme. The Creditors Committee will negotiate with the Government on the terms of restricting the claims which are...

The cost of debt is coming up as a problem for investors. With the amount of opportunities that are currently present in Africa its becoming a problem that the high cost of borrowing is affecting the accounting numbers of the investors trying to invest here.

Today we talk about how Africa is a continent that is rich in natural resources and offering a wide range of investment opportunities.

The International Finance Corporation (IFC) says MSMEs in Africa face challenges in acquiring resources such asfinance, markets, and technology. In some countries like Uganda for example, MSMEs  for 75% of private sector employment but only 16% access formal finance.

In Ghana, members of the Pensioner Bondholders Forum have returned to the premises of the Finance Ministry to demand payment of outstanding coupons on matured bonds.

In order to narrow its fiscal deficit, Kenya has come up with a plan to charge taxes on the transfer and exchange of digital assets such as cryptocurrency exchanges.

Join us on today's episode as we talk with  Maya Senussi a Senior Middle East Economist who will be helping us to understand more on the different  opportunities in the Egyptian economy

In this episode, Damalie Ssali, Head of Programs at Private Sector Uganda talks about Green Financing and why it should be targeted at Small and Medium Sized Enterprises 

Chanda Chomba joins us for this episode.  She walks us through managing two entities, the pandemic effects on the hospitality industry and why better marketing of the industry is a win for all in the sector.  

Banks in Ghana have reported $1.4 billion of impairments mostly because they are in possession of government debt. Kfinancial Analyst Ondiro Oganga joins us to elaborate more on extend of turbulence this has caused to the Banking sector.

A conflict raging in Sudan is rattling its neighbours and other countries for reasons ranging from concern about shared Nile waters and oil pipelines to the shape of a new government and a new humanitarian crisis in the making.

Has everything been done to secure the bailout? What does the bailout mean to the business community in Ghana?  Financial analyst Ondiro Oganga joins us to further illuminate the issue 

Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting  pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar and other major currencies.  In a deal backed by government-to-government arrangements, Saudi Aramco...

Christian Intwari, the founder of ‘Our Past’, 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 

Some investors of Ghana's 2030 Eurobond have received coupon payments which had been due on April 14. The country announced it would default on some its external debt in December and has not made payments on its international bonds since. However, the bond maturing in 2030 with a coupon of 10.75% is partially guaranteed by the World Bank, so payment kicked in this week via the bank's Int...

The World Bank projects the economic growth of poor nations to slow by almost one-third and business cycle indicator in South Africa slips further.

The World Bank’s think tank says a spike in scams and fraud across sub-Saharan Africa risks reversing recent gains in bringing previously excluded groups into the digital economy, with damaging results for economic development and inclusion in government services. Absa Bank Uganda’s Managing Director Mumba Kalifungwa joins us for this episode.

Egypt has devalued its currency 3 times already and many experts see a fourth on the cards. Churchill Oguttu, Economic Analyst for North and East Africa with IC Group joins us for this episode 

Global rice shortage is set to be the biggest in 20 years and Ghana GDP Growth Accelerates to 3.7% in Q4

Thousands flee Sudan’s capital, South African cannabis firm wins Malaysian backer.

Absa Bank Uganda posts 141bn shillings profit for the year 2022 and Accounting giant Ernst & Young is cutting 3,000 jobs

In Kenya, Some civil servants across the national government and employees in at least half of the counties across the country were yet to receive salaries for the last two months as the government faces cash flow problems.  Rising domestic debt maturities in 2023 have put pressure on government revenues, forcing the prioritisation of debt repayment to salaries and other operations and maintenance...