Good Morning Africa

🎙Kenya's Finance Bill Protests, Can President Ruto Backpedal? 🎙JSE Dips as Tech, Industrials, and Richemont Weigh Down Index. 🎙Manufacturers See AI as Growth Driver by 2029, (Zebra Technologies Report). 🎙Bitcoin Tumbles Below $60,000 Amid Exchange Outflows. www.bkcapital.rw

🎙Botswana Unemployment Rate Nears 2008 High. 🎙Global ESG Trends: Transition Plans, Geopolitics, AI & Circularity :Dr. Martin Odour-Otheino Discusses. 🎙Bitcoin Drops After German Sell-Off. 🎙Kenya Successfully Repays $556.97 Million Eurobond. 🎙Ghana Nears Debt Restructuring Deal for $13 Billion. www.bkcapital.rw  tuneshare more_vert

🎙Foreign direct investment flows to Africa fell by 3%  in 2023.  🎙Africa Seed I Fund Reaches First Close at $50 Million. 🎙$1.2 Billion Pledged to Produce Vaccines in Africa. 🎙Kenya's Fintech Uses AI to Expand Loan Services. www.bkcapital.rw

🎙Kenya: Protests Erupt Over Tax Bill, Despite Parliamentary Approval. 🎙Nvidia Becomes World's Most Valuable Company ($3.34 Trillion Market Cap). 🎙Namibia's Economy Grows 4.7% in Q1 2024 (Fastest Pace in a Year). 🎙South Africa: Transnet to Appeal Court Ruling in Tariff Dispute. http://www.bkcapital.rw 

🎙Amendments Proposed to Kenya's Finance Bill 2024 . 🎙Future-proofing banks: Digitalization and ESG considerations. 🎙JSE Surges to All-Time High, Extending Gains. 🎙Namibia Holds Rates Steady at 7.75%.  🎙Kenya Proposes Raising Minimum Capital Requirement for Banks. http://www.bkcapital.rw 

🎙 Afreximbank Annual Meeting Focuses on 'Owning Africa's Destiny'.  🎙South African Stocks Rise on Political Developments (JSE Up Nearly 2%).  🎙African Startup Funding Slows Down in 2024 (Fintech Drop a Key Factor). 🎙 Afreximbank Identifies Debt as Major Hurdle for African Growth. 🎙 Ghana's Economy Sees Strongest Growth in Q1 2024 (4.7% Year-on-Year).

 🎙Data Protection Trends: AI's Role & Blockchain's Future (Paul Macharia Discusses).  🎙Nigeria's Inflation Hits 17-Year High of 33.95% in May 2024. 🎙UNICEF: $180 Billion Needed Annually for African Children's Education (SDG on Education). 🎙Ethiopia Opens Banking Sector to Foreign Participation. 🎙AI Personalization & Immersive Tech to Shape Digital Marketing's Futur...

🎙Should Uganda Renegotiate Debt? Expert Weighs In (Mr. Stephen Mpuuga Kaboyo) 🎙South African Rand Gains on Unity Government Deal. 🎙Global Baggage Mishap Rates Decline Again (SITA Report). 🎙Kenya to Divest State Holdings in NSE Firms. 🎙Global Economy Expected to Stabilize, But Growth Remains Weak (World Bank Report). www.bkcapital.rw

🎙Ghana Finalizes Debt Deal, Paves Way for IMF Aid. 🎙Kenya's Central Bank to Open Up Payments Market to Fintechs. 🎙IMF Approves $976 Million for Kenya (Staff-Level Agreement). tuneshare more_vert

🎙Data Privacy: Key Questions for a Robust Framework (BDO East Africa). 🎙Nigeria's Trade Surplus Soars to NGN 2,158 Billion in March 2024. 🎙30,000 African Government Workers to Get AI Training (Intel-ADB Partnership).  🎙EU Raises Visa Fees as African Visitor Rejection Rates Remain High. 🎙Senegal's Inflation Slows to Four-Month Low of 2.1% in May 2024. tuneshare more_vert

 🎙Zambia Eurobond Restructuring: A 3.5 Year Wait (Lessons Learned?) . 🎙 Ecobank Shuns Capital Markets for $600 Million Raise (Nigeria). 🎙Africa Gets New Food Safety Guidelines for Informal Sector. 🎙African Airlines See 6% Rise in Available Seats (May 2023-2024).

🎙Uganda Banks Embrace ESG Framework: Deputy Governor Discusses Sustainability. 🎙Uganda Holds Rates at 10.25% (Highest Since 2017). 🎙World Bank Approves $1.2 Billion for Kenya (Fiscal & Climate). 🎙$300 Million Boosts Seeds & Inputs for Small Farmers in Kenya, Tanzania & Nigeria. 🎙Agri-Data Platform Gro Intelligence Shuts Down. share more_vert

🎙Senegal Borrows $750 Million on Eurobond Market.  🎙 Global E-Waste Soars to 62 billion Kilograms (2022).  🎙 Ethiopia Opens Biggest Electric Vehicle Factory.  🎙 Uber & Bolt Threaten Kenya Exit Over Proposed Taxes. 

🎙 SecondSTAX CEO Eugene Tawiah on Women in Capital Markets.  🎙 JSE Dips as Elections & Rate Decision Loom.  🎙 African Businesses Lag in Digital Transformation (IFC Report).  🎙 South African Reserve Bank Holds Key Rate at 8.25%.  🎙 Global Air Cargo Demand Soars Again (IATA Report). 

🎙 Aligning Your Business for Funding with Remedial Health.  🎙 MTN Uganda Seeks Local Investors for Leftover IPO Shares.  🎙 African Central Banks Urged to Cut Rates to Help Small Businesses.  🎙 Zambia Bondholders Back Restructuring Proposal (90%).   🎙 Zimbabwe 8th African Nation to License Elon Musk's Starlink. 

🎙 Ghana Borrows $1.5 Billion to Fund Cocoa Purchases.  🎙 Kenya Budget Series: Manufacturing, Construction Taxes & Gaming Industry.  🎙 Counterfeit Goods Cost Africa Billions in Lost Revenue (AfrIPI) .   🎙 Africa Needs to Double Internet Spending to $6 Billion Annually. 

🎙 Kenya's Finance Bill, who are the real winners?  🎙 African Brands Stuck at 14% Share.  🎙 Mastercard & iHub Invest $100,000 in African Edtech Startups.  🎙 Kenyan E-Commerce Giant Copia Global Goes Under.  

🎙 East Africa: Tax Informality - A Persistent Challenge. 🎙 JSE Up +0.07% (79,210): Resources, Financials & Telecom Lead. 🎙73% of Millennials/Gen Z Want ESG Investments. 🎙 Bolt Offers Flexible Fares for Faster Service. 🎙 Nigeria's Q1 Growth: 2.98% (Down from 3.46% ),

🎙 Nvidia’s profit increased by  more than 600%.  🎙 Tanzania Tax Plans Discussed by Joseph Waziri. 🎙 US Export Bank Criticized for Uneven Sub-Saharan Africa Support.  🎙Microsoft & G42 Invest $1 Billion in Kenya's Digital Future. 🎙TowerCo Tanzania Secures $30 Million Financing.

🎙  Engen & Vivo Energy Merge to Form African Energy Giant . 🎙 Morocco's annual inflation rate dips to a 3-year low of 0.2% in April 2024. 🎙 Kenya's economy grows by 5.6% in 2023, surpassing the previous year's performance. 🎙E-Mobility in Africa: Hype or Reality? Dr. Fred Muhumuza Weighs In. 🎙 Zambia 10 Year Government Bond Yield decreased to a 25-month low of 25.05%.  

🎙 Energy Efficiency Leaders Convene in Nairobi to Tackle Climate Change & Boost Lives. 🎙Nigeria's Central Bank Hikes Rates to Record 26.25%. 🎙 Kenya's E-Mobility Future: New EV Taxes Spark Concerns. 🎙 African Modern & Contemporary Art Market Sees 8.4% Decline.   🎙Morocco Takes the Lead in African Car Exports.

🎙 Nigeria’s central bank withdraws  cybersecurity levy. 🎙 East Africa's Insurance Boom: Ready for Takeoff? 🎙Kenya's E-commerce Star Copia Global Faces Uncertainties. 🎙 Africa's Infrastructure Report 2024: Charting the Path to Industrial. 🎙 Kenya's Q4 2023 Growth Settles at 5.1% .

🎙Africa's Booming Pharma Market Faces Counterfeit Crisis: Can Innovation Help?  🎙 Kenya exempts Zimbabwean travelers from paying the Electronic Travel Authorization 🎙 Angola Raises Rates by 50 Bps to Fight 19.5% Inflation.  🎙 Benin Ends Port Ban, Oil Spigots Open for Niger After Year-Long Spat. 🎙 Tunisia's Economy Inches Up 0.2% After Stagnant. 

🎙 Meet the CEO: Meet Samuel Okwuada, CEO & CO-Founder At Remedial Health. 🎙 Emirates to Resume Daily Flights to Nigeria from October 1, 2024. 🎙 Kenya Faces Rising Shipping Costs Amid Escalating Red Sea Attacks.

🎙African Union Commissioner Amani Abou Zeid Addresses Clean Cooking Finance at Summit. 🎙JSE Index Climbs Above 79,000, Driven by Resource Stocks and Financials. 🎙Bank of Tanzania Prohibits Unlicensed Digital Lenders. 🎙Kenya's Proposed 15% Tax on Infrastructure Bond Interest Raises Concerns. 🎙Nigerian Micro-Entrepreneurs Lag in Mobile Money Usage, Survey Finds.