M-Kopa to inject $10 million to boost uptake of electric motorcycles.
Good Morning Africa
by The K Financial
22h ago
? 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 ..read more
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Nigeria to Drop to Fourth in IMF Economic Rankings.
Good Morning Africa
by The K Financial
22h ago
? 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 ..read more
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Meet the CEOs: Kazeem Tewogbade and Olumide Soyombo founders of The Bluechip Technologies Limited.
Good Morning Africa
by The K Financial
6d ago
? 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.  ..read more
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Vodacom Tanzania PLC acquires internet provider, Smile Communications, for $27.4 million.
Good Morning Africa
by The K Financial
6d ago
? Samsung has overtaken Apple as the leading mobile devices provider. ? Antonio Querido, the FAO Country Representative in Uganda returns to discuss the slow uptake of renewable energy in the Agriculture sector.     ? Vodacom Tanzania PLC has acquired broadband internet provider, Smile Communications, after purchasing all its shares to a tune of US$ 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 ..read more
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Ghana fails to strike a deal to restructure $13 billion of international bonds.
Good Morning Africa
by The K Financial
1w ago
? 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 ..read more
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Catalysing investments in commercial fforestry.
Good Morning Africa
by The K Financial
1w ago
Catalysing investments in progressive forestry. Bitcoin was up 4% on the day and nearly 50% this month. Cocoa prices continued to rally, surpassing $6,800 per tonne, a new historic high ..read more
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Kwibuka 30 With The CEO of Our Past Christian Intwari.
Good Morning Africa
by The K Financial
1w ago
Christian Intwari, the founder of ‘Our Past’, the youth-led initiative that organises aims to educate young people about the 1994 Genocide against the Tutsi and inspire them to take the initiative to rebuild Rwanda.  ..read more
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Blended Finance: What is it and how can SMEs align themselves to get it?
Good Morning Africa
by The K Financial
2w ago
? Blended Finance: What is it and how can SMEs align themselves to get it?  ? Ethiopia's stock market progresses, ESX surpasses capital-raising phase by over 200%. ? Zimbabwe adopts gold-backed currency, ZSE begins trading.  ? CBN restructures staff, terminates 40 individuals primarily from DFD.  ? Bank of Uganda raises benchmark interest rate by 25 bps to 10.25%. ? World Bank, Ethiopia sign $1.72B loan agreements for infrastructure development.  ..read more
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Uganda's economy grows by 5.5% in Q4 2023.
Good Morning Africa
by The K Financial
2w ago
? African startup closures hit record highs due to funding drought. CEO strategies during this "funding winter" discussed by Mona Ssebuliba of Abi Finance. ? OPEC and allies maintain oil output policy until June. ? Cocoa futures dip after hitting all-time high, now below $9,800/tonne. ? Uganda's economy grows by 5.5% in Q4 2023. ? African airlines see record revenues and seat numbers, per African Airline Association report.   ..read more
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Meet the CEO: Stacy Tusabira CEO of Starr_e Jewellery Empire.
Good Morning Africa
by The K Financial
2w ago
?Meet the CEO: Stacy Tusabira CEO of Starr_e Jewellery Empire. ? JSE All Share index rises 1.7% to 75,373, recovering from recent losses. ?Tanzania's central bank raises key rate to 6%, citing global inflation pressures. ?Stanbic Bank Kenya PMI drops to 49.7, signalling private sector contraction. ?Stanbic Bank Uganda PMI falls to 49.3, indicating worsening business conditions ..read more
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