Good Morning Africa The K Financial
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Good Morning Africa is your daily source of Economy and Business news from the continent. It is a product of @TheKFinancial, hosted by Ruth Adong.
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M-Kopa to inject $10 million to boost uptake of electric motorcycles.
🎙 M-Kopa to inject over $10 million to boost uptake of electric motorcycles.
🎙How can Uganda's fourth National Development Plan be aligned with opportunities under the Africa Continental Free Trade Area during the planning phase?
🎙 The JSE index was up for the fourth consecutive session on Tuesday, trading above the 74,000 level, tracking most of its global peers.
🎙 The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million.
🎙South Africa seeks investors and financing options for South African Airways (SAA) after a previous equity deal fell through. -
Nigeria to Drop to Fourth in IMF Economic Rankings.
🎙 IMF forecasts predict that Nigeria, once dubbed Africa's largest economy, is set to relinquish its crown and slide to fourth place this year.
🎙 UN Trade and Development (UNCTAD) has warned of a possible further growth deceleration in 2024, citing falling investments and subdued global trade dynamics.
🎙 A just energy transition in Uganda. -
Meet the CEOs: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited.
🎙 Meet the CEO: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited
🎙The JSE All Share index remained stable near the 73,000 level on Thursday, hovering close to one-month lows, amid varied quarterly company reports worldwide.
🎙 The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030. -
Vodacom Tanzania PLC acquires internet provider, Smile Communications, for $27.4 million.
🎙 Samsung has overtaken Apple as the leading mobile devices provider.
🎙 Antonio Querido, the FAO Country Representative in Uganda returns to discuss the slow uptake of renewable energy in the Agriculture sector.
🎙 Vodacom Tanzania PLC has acquired broadband internet provider, Smile Communications, after purchasing all its shares to a tune of US$ 27.4 million.
🎙 The UN Trade and Development (UNTD) warns of a continued global economic slowdown in 2024, following a milder-than-expected downturn in 2023.
🎙 Kenya has been ranked after South Africa, Egypt and Nigeria as African countries with the highest number of millionaires.
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Ghana fails to strike a deal to restructure $13 billion of international bonds.
🎙 Ghana fails to strike a deal to restructure $13 billion of international bonds.
🎙 Exploring the Crucial Role of Argitech in Advancing Climate-Smart Agriculture and Maximizing Yields
🎙 Cocoa futures drop by 7.5% to $10,108 per tonne, attributed to heightened volatility and reduced market liquidity.
🎙 The International Monetary Fund (IMF) has revised down South Africa’s 2024 growth forecast by a marginal 0.1% from a January forecast of 1%, to 0.9%.
🎙 Angola's March 2024 inflation hits 26.09%, the highest since March 2022, with 11 consecutive months of acceleration.
🎙 Tanzania, Rwanda, and Zimbabwe recall Johnson & Johnson cough syrup for toxicity after Nigerian tests. -
Nigeria Inflation Rate Hits 28-Year Highs.
🎙 Nigeria Inflation Rate hits 28-year highs.
🎙 Cocoa futures reach new high, surpassing $10,800 per tonne, amid global supply concerns.
🎙 Today, we chat with Kazeem Tewogbade and Olumide Soyombo, founders of Blue Chip Technology, about their $60 million balance sheet in 2023 and insights on Africa's ICT sector.
🎙 Moderna suspends Kenyan vaccine plant construction due to $1B loss from falling COVID-19 vaccine demand since 2022
🎙 Uber unveils Uber Teen accounts in South Africa, allowing 13 to 17-year-olds to hail rides with safety measures, announced by Uber sub-Saharan Africa GM Kagiso Khaole on April 11.
🎙 Angola's March 2024 inflation hits 26.09%, the highest since March 2022, with 11 consecutive months of acceleration.