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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.

Good Morning Africa The K Financial

    • Nachrichten

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.

    M-Kopa to inject $10 million to boost uptake of electric motorcycles.

    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.

    • 10 Min.
    Nigeria to Drop to Fourth in IMF Economic Rankings.

    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.

    • 7 Min.
    Meet the CEOs: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited.

    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.

    • 18 Min.
    Vodacom Tanzania PLC acquires internet provider, Smile Communications, for $27.4 million.

    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.

     

    • 8 Min.
    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.

    🎙 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.

    • 9 Min.
    Nigeria Inflation Rate Hits 28-Year Highs.

    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.

    • 7 Min.

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