Good Morning Africa

🎙️African Startup Funding Slumps 31% in H1 2024- The Big Deal. 🎙️Two-thirds of Africans Can't Afford a Healthy Diet -FAO. 🎙️Salient Advisory Releases Top 20 African Healthcare Innovators. 🎙️Global Air Passenger Traffic Up 9.1% in June -IATA. www.bkcapital.rw

🎙️David F.K Mpanga on Corruption’s Impact on Ugandan Investments. 🎙️JSE Dips 1.1% on Thursday. 🎙️TotalEnergies Acquires SN Power's Hydro Projects. 🎙️Kenya and Nigeria Lead Google for Startups Accelerator Africa Cohort. www.bkcapital.rw

🎙️Digital Rights & Privacy: A Conversation with Edrine Wanyama. 🎙️NSE Inaugurates Linzi Sukuk Bond. 🎙️Africa-Asia Air Cargo Routes See 37.5% Growth. 🎙️Ethiopian Airlines Posts $7 Billion Revenue. 🎙️Uber Partners with BYD for 100,000 EVs. 🎙️TotalEnergies Acquires SN Power's Hydro Projects. www.bkcapital.rw

🎙️Cybercrime & Financial Background Checks: Can They Stop Fraud? (Eric Mugo Discusses). 🎙️US Moves $2 Billion Worth of Bitcoin from Silk Road Stash. 🎙️Ethiopia Liberalizes Foreign Exchange Market Ahead of IMF Meeting. 🎙️IMF Approves $3.4 Billion for Ethiopia Under ECF. 🎙️Kenya and Uganda to Extend Petroleum Products Pipeline. www.bkcapital.rw

🎙️Business Advisory in Uganda Amid US Advisory, David F.K Mpanga Discusses. 🎙️Kilimall Plans East African Expansion. 🎙️Airtel Africa Reports 120% Profit Growth. www.bkcapital.rw

🎙Digital Fraud Threatens Financial Inclusion (Eric Mugo Discusses). 🎙Nigeria to Issue $500 Million Domestic Foreign Currency Bonds. 🎙Innovative Funding Models Needed to Prevent African Food Shortages (IFAD). 🎙Nigeria's New Minimum Wage Worth $44. 🎙Malawi Central Bank Holds Rate at 26%. 🎙Zambia's Inflation Hits 15.4% in July (Highest Since December 2021). www.bkcapital.rw

🎙Visa's Basil Kithinji on Evolving Financial Fraud. 🎙Netflix Raises Prices in Nigeria by 40%. 🎙Africa Explores Establishing African Central Bank, Investment Bank, Monetary Fund, and Pan-African Stock Exchange. 🎙South Africa Seizes $109.5m in Chemicals Used for Illicit Drugs. 🎙African Credit Rating Agency to Be Established by Next Year. www.bkcapital.rw

🎙South Sudan's GDP to Contract in 2023/24 (Oil Pipeline Vandalism), Expected to Recover in 2024/25, Akol Dok Discusses 🎙JSE Ends Day Up 0.27% After Morning Losses. 🎙Nigeria Raises Benchmark Interest Rate to 26.75% (4th Hike in 2024). 🎙Google Backtracks on Phasing Out Third-Party Cookies (Privacy Sandbox Approach). 🎙African Ministries Agree on Measures to Fight Climate Change. www.bkcapital.rw

🎙Future of Corporate Governance,Pheona Wall Discusses. 🎙Egypt Keeps Record High Interest Rate at 27.25%. 🎙INTERPOL Blocks Over 720 Fraudulent Bank Accounts in West Africa. 🎙African Startups Backed by Google Raise $266 Million from VCs (3 Years). 🎙Netflix Adds 8 Million New Subscribers in Q2 2024. www.bkcapital.rw

 🎙Meet the CEO: Meet Pheona Wall, CEO of the League of East African Directors (LEAD). 🎙Zimbabwe's ZiG Currency: Slow Adoption (Only 20% of Transactions). 🎙Gallup Survey: Respect for Women in Africa Decline. www.bkcapital.rw 

🎙Young Corporates & Board Appointments (League of East African Directors Discusses). 🎙Bank of Uganda to Buy Gold Directly from Artisanal Miners. 🎙Bitcoin Surges Above $65,000 on Renewed Bullish Sentiment. 🎙Uganda: Lost $46.16 Billion in Oil Revenue Over 12 Years (NEITI Report). 🎙IMF Lowers Nigeria's 2024 Growth Forecast to 3.1%. 🎙UAE Central Bank Partners with Ethiopia for Currency Swap A...

🎙Correlation Between Software Development and VC Investment (Micheal Niyitegeka Discusses). 🎙Tanzania Requires Tourists to Use Local Currency for Fees. 🎙Africa's AI Market Valued at $400 Billion (GSMA Report). 🎙Nigerians Paid $1.3 Billion in Bribes in 2023 (Government Survey). 🎙Africa's Economic Recovery at 75% (Knight Frank Report). www.bkcapital.rw

🎙Rwanda Election Analysis: Economic Gains & Future Prospects: Ted Kaberuka Discusses. 🎙Cocoa Prices Fall on Improved Weather Outlook in West Africa. 🎙Bitcoin Jumps Above $62,000 on Failed Assassination Attempt on Trump (Market Speculation). 🎙IMF Lowers Botswana's 2024 Growth Forecast to 1% (Diamond Production Decline). 🎙Zimbabwean Banks Support Early Adoption of ZiG Currency (Subject to E...

🎙Software Development's Impact on Digital Economy Growth (Lillian Nakassuja Discusses). 🎙JSE Hits New Record High at 81,350 Amid Positive Global Sentiment. 🎙Nigerian Naira Falls to New Low of N1,563.80/$1. 🎙Angola's Inflation Reaches 14-Month High of 31% in June 2024. 🎙African Group Nominates Ngozi Okonjo-Iweala for Second Term as WTO Chief. www.bkcapital.rw

🎙 Meet the CEO: Meet Michael Niyitegeka, Executive Director of Refactory Limited.  🎙Nigeria's Daily Oil Production Up Slightly in June (1.276 Million Barrels). 🎙Tanzanian Firm Seeks to Acquire Kenya's Bamburi Cement (Up to 100% Stake). www.bkcapital.rw

🎙Central Banks of the Future: Standard Setting with Dr. Louis A. Kasekende. 🎙JSE Dips for Fourth Consecutive Session. 🎙Ethiopia Sets New Policy Interest Rate at 15%. 🎙African Remittance Startup Africhange Launches in UK. 🎙Ghana's Inflation Slows to 22.8% in June. 🎙Nigeria Sees Decline in Active ISPs (242 in July). www.bkcapital.rw

🎙Moody's Downgrades Kenya's Sovereign Rating to Caa1 Negative (Kakande Alex Explains). 🎙Moody's Acquires GCR, a Leading African Credit Rating Agency. 🎙Uganda Lobbies Kenya to Lower Fees for Importing Refined Petroleum Products. 🎙Nigerian Banks See Significant Drop in Losses from Financial Fraud in Q1 2024. 🎙Naira loses key support on ravaging U.S. dollar. www.bkcapital.rw

🎙️Zambia Central Bank Governor Discusses Climate Risk Management and Risk-Based Banking Supervision (Dr. Denny H. Kalyalya). 🎙️Bitcoin Falls Below $55,000 Amid Continued Sell-Offs. 🎙️South Africa's Foreign Reserves Rise Slightly in June 2024. 🎙️Zambia's Manufacturing PMI Declines for Seventh Month. 🎙️African Startup Funding Drops 31% in H1 2024. www.bkcapital.rw

🎙 Meet the CEO: Meet Umaru Ssenyonjo, Co-founder and Director of communications at Educate an Orphan. 🎙African Airlines Expected to See Second Year of Profit ($100 Million Net Post-Tax). 🎙 Afreximbank Warns: Divesting from Fossil Fuels Could Cost Nigeria $30 Billion. www.bkcapital.rw 

🎙 Impact of Counterfeit Alcohol Trade on Investment (Agnes Nantongo Ssali Discusses). 🎙Bitcoin Faces Selling Pressure as German Government Sells More. 🎙Kenya's Economy Grows 5% in Q1 2024. 🎙Ghana Manufacturing PMI Declines in June 2024. 🎙Only 13% of Nigerians Have Reliable Electricity (Afrobarometer Survey). www.bkcapital.rw 

🎙 Rwanda Central Bank Celebrates 60 Years, Discusses AI in Supervision (Babak Abbaszadeh Interview). 🎙 Nigerian Stock Exchange Sees Strong Growth in First Half of 2024 (33.81%).  🎙 Nigeria's Capital Importation Up 210% in Q1 2024. 🎙Morocco's GDP Growth Slows to 2.5% in Q1 2024.  🎙Zambia Airways Resumes Flights to Tanzania After 16-Year Hiatus. www.bkcapital.rw  tuneshare more_vert

🎙Revamped Amahoro Stadium Ready for Global Events (Rwanda). 🎙JSE Up as Ramaphosa Retains Finance Minister. 🎙South Africa Risks Losing Climate Funds Over Coal Plants.  🎙Kenya's E&Y Debarred from World Bank Projects for 30 Months. 🎙Global Remittance Flows Moderate in 2023. www.bkcapital.rw tuneshare more_vert

🎙Uganda's CIS Market Booms, Aims to Rival Morocco (Dickson Ssembuya Discusses Growth & Innovation).  🎙Nigeria's T-Bill Debt Soars 60% to N10.4 Trillion in 3 Months. 🎙Central Bank of Kenya Licenses 7 More Digital Lenders. 🎙Launch Africa Ventures Invests $4.3 Million in 16 African Startups (Second Fund). 🎙South Africa's Foreign Direct Investment Rebounds in Q1 2024. tuneshare more...

🎙️Kenya’s Ruto bows to pressure. 🎙️Nigeria allows forex sales by IMTOs to stabilize naira. 🎙️African airlines losing revenue from untapped routes - Airbus study reveals. 🎙️News business struggles with ad revenue decline and reader resistance to paying for online content.  www.bkcapital.rw