Good Morning Africa

Alex Kalanda, founder and CEO of Ayambe Zero takes centre stage.  In this episode, we talk about Climate Change and Alex’s pivot from building AI to setting up a climate tech startup.

In kenya, the Kenya Kwanza government is walking back on provision of  cheap electricity promise  David Ndii, the chairperson of President William Ruto’s Council of Economic Advisors says current power bills are as a result of high production costs, from the fuel used for generation, and water levies.  This cost of production, Ndii says, is what Kenya Kwanza promised to reduce. 

The Bank of South Sudan has recently directed that all local transactions be in the South Sudan Pound in an effort to rein in inflation and the attendant cost of living and lock out dollar speculators. Some regional businesses have seen it as the right move while others fear it might cause capital flight.

The need to build this infrastructure has seen many an African country run towards commercial loans that has dragged them into the debt trap.  Jibran Fauz Qureishi, Head: Africa Research at Standard Bank in this episode discusses what he calls a crucial misunderstanding of events that Maputo 2010 that put a heavy focus on infrastructure development

More than half of Nigerians are living in multidimensional poverty , security crises—ranging from insurgency to farmers-herders clashes to kidnappings—and corruption has thrived unchecked. And these are the key issues that the new president of Nigeria will have to tackle to return the continent’s largest democracy to better days in what has been billed as the tightest presidential elections since...

Charles Shyaka, Managing Director of 250 Start-Ups joins us for this episode. He talks about Rwanda's Tech and Innovation scene and how the work being done in one of Africa's  fastest-growing ecosystems 

Arsenal and Paris Saint-Germain both have multi-million sponsorship agreements with the Rwandan government. This £ 10 million-per-year sponsorship agreement guarantees the Rwandan government with football’s wealthiest clubs to promote their tourist board’s message: ‘Visit Rwanda’.

Rwanda, known as the land of a thousand hills, will be hosting cycling's Road World Championships in 2025, a first for Africa. Before World Championships,  Rwanda is hosting the Tour du Rwanda which is will run till February 26. It has attracted four-time Tour de France winner Chris Froome among other prominent cyclists. In this episode, we talk about all things Tour Du Rwanda and what impact...

The Ugandan government plans to freeze new loans, hires and pay rise alongside halving spending on workshops and applying brakes on foreign travel for its officials in the new financial year as part of austerity measures to plug funding deficits and reverse rising debt servicing burden. 

Civil Society actors in Uganda have called out the government on what they consider over leveraging of Uganda’s oil to acquire debt.  Uganda’s debt to GDP rocketed past the 50% threshold .  In a new memo the Uganda government is proposing a halt on any borrowing, suspension of salary increments and a freeze on vehicle payments for this financial year as a way to deal with the increasing debt pi

We love Fridays and we are back with Meet the  CEO.  Derek Nseko, not new to this podcast, joins us to talk about all things Airspace Africa.  He discusses the cut throat nature of the business and the importance of learning from those already in the industry. 

The Kenyan finance ministry has revised its estimated spending and the budget deficit for the current fiscal year ending in June, revealing a slight increase in total expenditure and a smaller deficit. Supplementary budget documents submitted to parliament reveal that overall spending is projected to be KES 3.37 trillion ($26.98 billion), an increase from the KES 3.36 trillion initially presented...

Love does Cost a thing, infact it costs billions. According to Forbes  love birds were planning to spend $23.9 billion on Valentine’s Day this year—up from $21.8 billion in 2021.

The Egyptian pound has lost almost 50% of its value against the dollar over the past year, as a result of three devaluations, the most recent of which came in January.  Churchill Oguttu, Economist For East and North Africa with IC Group returns with an analysis of the devaluation thus far.

2023 HAS KICKED OFF WITH A NUMBER OF African countries dealing with a myriad of issues ranging from drought and its effects on food security to debt veering off into the unsustainable region.  Jeff Gable, Chief Economist @Absa Bank delves into this and more. 

In 2020 our CEO was named one of the 100 most influential young  Africans. He holds many portfolios that have shaped his entrepreneurial journey. Nelson Kwaje Team Lead at Scenuis Hub.

The second Africa food summit in Dakar, Senegal ended, with development partners agreeing to commit $30 billion to back the continent’s resolve to boost agricultural productivity and become a breadbasket for the world. Among the development, partners are the African Development Bank which plans to contribute $10 billion over five years, and the Islamic Development Bank, which intends to provide $5...

Baldwin Okello, Tech Enthusiast and IP Core Manager with UTCL returns to elaborate how ChatGPT can be used as a complementary tool in the different sectors 

ChatGPT is a big deal . A few days after its launch, more than a million people were trying out ChatGPT . And it's becoming big business.  Microsoft pledged to invest billions of dollars into OpenAI , saying in January it'll build features into cloud services. 

The National Social Security Fund in Uganda has posted a positive performance ongoing allegations of turbulence at the fund,despite   acting NSSF Managing Director, Patrick Ayota says as of December 31, 2022,

The connection between climate change and its impact on human wellbeing is increasingly visible. Unchecked, climate change is estimated to push up to 130 million people into poverty over the next 10 years. But poverty conservation is a much bigger challenge in areas that are resource rich but have been told development of these resources will wreck even further havoc on the environment.  In this E...

Capital market infrastructure has continued to improve across Africa. This will help to build resilience and allow the continent to maximise its potential. In this episode, The Absa Africa Financial Markets Index, now in its sixth year takes centre stage.  Anthony Kirui, Head of Global Markets, Absa Regional Operations expounds on the report. 

Africa is home to a third of the world’s 850 million people living with hunger. With the removal of barriers to agricultural development aided by new investments, Africa’s agricultural output could increase from $280 billion per year to $1 trillion by 2030.

In today’s episode we talk to Kush Bank’s Acting CEO Ryan O’Grady on its move to remove fees on all deposits and withdrawals in the country and it’s impact on financial inclusion. 

Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022—and the outlook for 2023–24 is projected to be stable.