Good Morning Africa
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.
Economist Razia Khan urges Africa to look inward and tap local markets for sustainable growth.
🎙️Economist Razia Khan urges Africa to look inward and tap local markets for sustainable growth.
🎙️Gold hits a record $3,660 as Fed rate cut bets strengthen.
🎙️JSE breaks new highs, boosted by Anglo American’s $20B Teck takeover.
🎙️Africa loses $12.7B annually to disaster-related infrastructure damage.
🎙️South Africa posts strongest quarterly growth since 2023 at 0.8%.
🎙️Civic groups push harder for debt cancellation across Africa.
Rwanda set to tax Netflix and Amazon starting 2026.
🎙️African leaders at Addis summit demand more climate investment.
🎙️Oil prices climb as OPEC+ opts for smaller output hike.
🎙️Nigerian businesses struggle under soaring loan interest rates.
🎙️Rwanda set to tax Netflix and Amazon starting 2026.
🎙️High handset costs remain the biggest barrier to Africa’s internet access.
AfDB’s Kevin Kariuki on blended finance and mobilising private capital for Africa’s energy transition.
🎙️AfDB’s Kevin Kariuki on blended finance and mobilising private capital for Africa’s energy transition.
🎙️Nairobi Securities Exchange records strongest year since 2008 on foreign inflows and index gains.
🎙️Global food prices hit 18-month high as vegetable oils surge, FAO reports.
🎙️Tanzanian fintech NALA enters Kenyan remittance market via Equity Bank and Pesalink.
🎙️South Africa’s forex reserves climb to record $70.4B in August 2025.
Meet the CEO: Meet Nakayiza founder and CEO of Pzazrio Naturals.
🎙️Meet the CEO: Meet Nakayiza founder and CEO of Pzazrio Naturals.
🎙️Mozambique’s economy contracts 0.9% in Q2 2025, extending its recession.
🎙️Uganda’s Business Tendency Index drops to 57.2 in August, lowest since October 2024.
Ransomware is on the rise — why Africa’s education sector is a prime target.
🎙️Ransomware is on the rise — why Africa’s education sector is a prime target.
🎙️South Africa’s business confidence index dips to 39 in Q3 2025, weighed down by US tariffs.
🎙️UN: Rising food costs hitting African nations harder than most regions.
🎙️Angola’s economic growth slows to 1.1% in Q2 2025, dragged by weaker momentum.
🎙️Egypt’s PMI slips to 49.2 in August, marking a sixth month of contraction.
Dr. Sidi Ould Tah sworn in as 9th President of the African Development Bank, succeeding Akinwumi Adesina.
🎙️Dr. Sidi Ould Tah sworn in as 9th President of the African Development Bank, succeeding Akinwumi Adesina.
🎙️Airtel Africa and Vodacom ink infrastructure-sharing deal across Mozambique, Tanzania, and DRC to boost connectivity.
🎙️Nigerian agritech Babban Gona secures $7.5M debt funding from BII to support smallholder farmers.
🎙️Japan Credit Rating Agency reaffirms Afreximbank’s A- rating with stable outlook.
Egypt’s GDP accelerates to 4.5%, lifted by IMF-backed reforms and UAE investment.
🎙️South Africa’s factory activity slips back into contraction as PMI drops below 50.
🎙️Nigeria’s PMI hits 54.2 in August, marking strongest business growth since April 2025.
🎙️Gold soars past $3,470 on tariff turmoil and Fed rate-cut bets.
🎙️Egypt’s GDP accelerates to 4.5%, lifted by IMF-backed reforms and UAE investment.
Ethiopia teams up with Dangote in $2.5B push to become a global fertilizer giant.
🎙️Ethiopia teams up with Dangote in $2.5B push to become a global fertilizer giant.
🎙️Nigeria halts shea nut exports to turn raw supply into a $300M local industry.
🎙️Japan’s Uncovered & Monex unveil $20M fund backing African and Middle East startups.
🎙️South Africa posts ZAR 20.3B trade surplus as imports surge.
Meet the CEO: Meet Pamela Kabahesi Country Programs Lead at BrighterMonday Uganda.
🎙️Meet the CEO: Meet Pamela Kabahesi Country Programs Lead at BrighterMonday Uganda.
🎙️Egypt’s central bank cuts deposit rate 200bps to 22% as inflation eases to 13.9%.
AfDB Senior VP Marie-Laure Akin-Olugbade unpacks Africa Development Effectiveness Report 2025.
🎙️AfDB Senior VP Marie-Laure Akin-Olugbade unpacks Africa Development Effectiveness Report 2025.
🎙️INTERPOL’s Serengeti 2.0 nets 1,209 cybercrime suspects, $97M in seized funds.
🎙️Nigeria ransom economy surges 144% as families pay ₦2.56B to kidnappers.
🎙️Zipline urges Kenya to adopt national supply chain framework for health access.
🎙️South Africa opens freight rail to private firms after Transnet inefficiencies.
Algeria joins PAPSS, expanding cross-border payment system to 18 African countries.
🎙️Algeria joins PAPSS, expanding cross-border payment system to 18 African countries.
🎙️Iron ore prices rebound as Rio Tinto halts Guinea’s Simandou project after worker death.
🎙️Kenya weighs Safaricom split into telecom, towers, and M-Pesa units, eyes stake sale.
Abu Dhabi’s Space42 plans Africa expansion to rival Starlink.
🎙️African startups raise $2B in 2025, on track to beat last year.
StanChart’s Kirsten Wilkinson on AI, cyber 🎙️risks & mentorship.
🎙️Cell C moves closer to JSE listing after acquisition approval.
🎙️Abu Dhabi’s Space42 plans Africa expansion to rival Starlink.
🎙️Japan commits $5.5B in loans and infrastructure support to Africa.
Standard Chartered Africa Chief Risk Officer Kirsten Wilkins on Risk Discipline for Startups.
🎙️Standard Chartered Africa Chief Risk Officer Kirsten Wilkins on Risk Discipline for Startups
🎙️Mauritius Trade Deficit Widens to $19.1B in June, Largest This Year.
🎙️Tunisia’s Economy Accelerates, GDP Grows 3.2% in Q2 2025.
🎙️Bitcoin Retreats to $115,000 as Strong US Data Tempers Fed Cut Bets.
Inside Africa’s Food Delivery Boom: Growth, Profitability, and the Power of Localization.
🎙️Inside Africa’s Food Delivery Boom: Growth, Profitability, and the Power of Localization.
🎙️Nedbank Exits Ecobank with $100M Stake Sale to Cameroonian Investor Alain Nkontchou.
🎙️AfDB Commits $40M to Africa’s Green Infrastructure Fund, Pushing Total to $118M.
🎙️Ghana Slaps Multichoice with $900 Daily Fine over DSTV Pricing Data Dispute.
🎙️Ethiopia Tightens Ban on Sinotruk “Red Terror” Imports, Citing Safety and Fake Paperwork.
Why Africa Has So Few Startup Exits—and How to Fix the System.
🎙️Why Africa Has So Few Startup Exits—and How to Fix the System.
🎙️Flutterwave’s Cross-Border Push Surges, Nearing $1B in East Asia Flows and Adding 20 U.S. Licenses.
🎙️WTO and ITC Launch $50M Fund for Women Exporters; Nigeria Named Among Four Pilot Countries.
🎙️Nigeria Inflation Eases to 21.8% in July, Core Cools but Food Pressures Persist.
Meet The Ceo: Meet Ivy Maingi, Glovo Uganda’s Country manager.
🎙️Meet The Ceo: Meet Ivy Maingi, Glovo Uganda Country manager.
🎙️Bitcoin Hits Record $123K on Institutional Demand and Fed Cut Bets
South Africa’s Unemployment Climbs to 33.2%, Highest in a Year.
🎙️Zambia Holds Rates at 14.5% as Inflation Eases to 13%.
🎙️Namibia Keeps Rates Steady to Protect Rand Peg and Support Growth.
🎙️Evergrande to Be Delisted from Hong Kong Exchange on August 25.
🎙️South Africa’s Unemployment Climbs to 33.2%, Highest in a Year.
Breaking Down Stablecoins: The Fast, Low-Cost Digital Dollars Moving Across Africa.
🎙️Breaking Down Stablecoins: The Fast, Low-Cost Digital Dollars Moving Across Africa.
🎙️Kenya Cuts Interest Rates for the Seventh Time as Inflation Stays in Target Range.
🎙️AI and Cloud Computing Top Priorities for African Banks Seeking Efficiency.
🎙️AfDB to Help Raise $7.8B for Africa’s Largest Airport in Ethiopia.
Meet the CEO: Meet Stone Atwine,Founder and CEO of Eversend.
🎙️Meet the CEO: Meet Stone Atwine,Founder and CEO of Eversend.
🎙️Africa’s Startup Funding Rebounds with $1.4B Raised in H1 2025, Led by Fintech and Climate-Focused Ventures.
Prof. Henry Kerali Explores How Smart Regulation Can Unify Africa’s Energy and Telecom Sectors.
🎙️Prof. Henry Kerali Explores How Smart Regulation Can Unify Africa’s Energy and Telecom Sectors.
🎙️US Imposes $15,000 Visa Bonds on Some Malawi and Zambia Applicants in Bid to Curb Overstays.
🎙️Shoprite Exits Ghana and Malawi as It Sharpens Focus on South Africa.
🎙️Orange to Deploy OpenAI Models to Translate African Languages.
COMESA Sees Record Mergers in 2024, Led by Financial Sector.
🎙️COMESA Sees Record Mergers in 2024, Led by Financial Sector.
🎙️EABL Profit Rises 12% to KSh 12.2B, Warns on Illicit Alcohol Surge.
🎙️Tanzania’s Instant Payments Double to $11.6B in 2024.
🎙️Africa Receives $100B in Remittances – Eversend CEO on Intra-Africa Flows.
Sub-Saharan Africa’s Perceived Wellbeing Rises, but Still Lags Behind Global Peers.
🎙️Vivo Energy and UNOC Sign Landmark Deal to Develop Uganda’s LPG Infrastructure.
🎙️Uganda Overtakes Africa’s Coffee Export Market as Earnings Nearly Double to $2.2B.
🎙️Sub-Saharan Africa’s Perceived Wellbeing Rises, but Still Lags Behind Global Peers – Gallup.
🎙️Court Blocks Sale of 54Gene’s Assets Amid Legal Battle with Top Investors.
Uganda’s CMA Launches Regulatory Sandbox and Tightens Oversight.
🎙️Uganda’s Capital Markets Authority Launches Regulatory Sandbox and Tightens Oversight
🎙️Google Commits $37M to Boost Africa’s AI and Fintech Innovation
🎙️South Africa and China Advance AI Cooperation Deal to Power Key Sectors
Meet the CEO: Yosuke Kaneko CEO of Sora Technology on Expanding Across 15+ African Countries.
🎙️Meet the CEO: Yosuke Kaneko CEO of Sora Technology on Expanding Across 15+ African Countries.
🎙️Visa Launches First African Data Centre to Tap Into Digital Payment Boom.
🎙️AfriLabs Supports 280,000+ Entrepreneurs as Africa’s Tech Scene Scales Up.
Uganda’s Stock Market Surges in H1 2025 — CEO Paul Bwiso Breaks It Down.
🎙️Uganda’s Stock Market Surges in H1 2025 — CEO Paul Bwiso Breaks It Down.
🎙️Ethio Telecom’s Annual Pretax Profit Surges Over 80% to $550 Million.
🎙️Africa’s E-Sports Market Valued at $66 Million and Growing Fast.
🎙️Tanzania Bans Foreigners from 15 Local Business Sectors in New Directive.
🎙️East Africa’s Top 20 Index Attracts Foreign Investors, Boosts Market Liquidity.
Ghana Set to Regulate Crypto Platforms in Bid to Formalize $3B Market.
🎙️Ghana Set to Regulate Crypto Platforms in Bid to Formalize $3B Market.
🎙️Experts Warn African Universities Risk Falling Behind on AI Adoption.
🎙️Remittances to Africa Hit $100B as Tech and Digital Literacy Drive Growth.
MTN Uganda Restructures Mobile Money Unit Under New Fintech Entity.
MTN Uganda Restructures Mobile Money Unit Under New Fintech EntityAirtel Africa Posts Over 400% Surge in Profit to $156 Million in Q1 2026Ethio Telecom’s Annual Pretax Profit Jumps 80% to $550 Million
Liberia Launches Africa’s First Youth Entrepreneurship Investment Bank Backed by AfDB.
Liberia Launches Africa’s First Youth Entrepreneurship Investment Bank Backed by AfDBEthiopia Releases First T-Bill Calendar to Raise 117 Billion Birr in Q3 FY 2024/25Africa Tops China’s Belt and Road Investment List with $39 Billion in H1 2025World Bank Flags Expensive Mobile Data as Major Barrier to Africa’s Digital FutureAfDB’s Akinwumi Adesina Says Liberia’s Youth Bank Signals a New Economic Era
Meet the CEO: Dodai’s VP Hilina Legesse on Pioneering Ethiopia’s E-Mobility Revolution.
🎙️Meet the CEO: Dodai’s Hilina Legesse on Pioneering Ethiopia’s E-Mobility Revolution.
🎙️Canal+ Completes $3B MultiChoice Takeover - Reshaping Africa’s Pay-TV Landscape.
🎙️Japan’s SORA Tech Expands to Nigeria - AI Drones to Combat Malaria in Africa.
MTN Uganda Shareholders Approve MoMo Fintech Spin-Off.
🎙️MTN Uganda Shareholders Approve MoMo Fintech Spin-Off.
🎙️Safaricom Adds PayPal Withdrawals to M-PESA Super App.
🎙️Microsoft Warns of China-Linked Hacks Targeting SharePoint Vulnerability.
🎙️MoneyBadger Raises $400K to Scale Crypto Payments in South Africa.
🎙️Kenya’s Freelancers Set to Benefit from New M-PESA–PayPal Integration.
AfDB’s Kevin Urama Pushes for AfCFTA Enforcement and Mineral Sovereignty in New Outlook Report.
🎙️AfDB’s Kevin Urama Pushes for AfCFTA Enforcement and Mineral Sovereignty in New Outlook Report.
🎙️Flutterwave Secures License to Launch Operations in Senegal.
🎙️Africa’s Four Richest Men Hold More Wealth Than Half the Continent’s Population.
🎙️IMF Pressures Ethiopia to Lift Currency Controls on Capital Transactions.
🎙️Klaus Schwab Under Investigation for Manipulating Economic Rankings and Expenses.
Hilina Legesse Talks E-Mobility Challenges and Electric Motorcycles in Africa.
🎙️Hilina Legesse Talks E-Mobility Challenges and Electric Motorcycles in Africa.
🎙️Ghana Central Bank Skips Decision After Emergency Rate Meeting.
🎙️Kenya’s Public Debt Hits Record KSh 11.51 Trillion in May 2025.
🎙️Ethiopia Ratifies Landmark Startup Law After Five Years of Debate.
Ugandan Leaders Urged to Prioritize Health in Policy Debate.
🎙️Ugandan Leaders Urged to Prioritize Health in Policy Debate.
🎙️Côte d’Ivoire Taps Samurai Market with $336M Yen Bond to Diversify Funding.
🎙️Zimbabwe’s Mining Sector Contracts in Q1 Despite Gold Price Surge.
🎙️Adidas Opens Flagship Lagos Store, Betting on Nigeria’s Luxury Market.
🎙️500 Global Commits $300M to Tackle Emerging Market Challenges, Eyes Africa.
Algeria’s Oil Output Rises Again, but Falling Prices Could Undercut Gains.
🎙️AfDB Flags Africa’s Tax System Gaps, Calls for Smarter Domestic Resource Mobilisation.
🎙️Algeria’s Oil Output Rises Again, but Falling Prices Could Undercut Gains.
🎙️London Promises to Fix Cross-Border Banking Hurdles for Nigerian Startups.
🎙️Wabeh Suspends BNPL Services Amid Rising Defaults and Cash Strain.
🎙️Village Capital Launches $4M Fund to Support Africa’s Startup Enablers.
AfDB’s VP Prof Kevin Urama Unpacks Africa’s Debt Crisis and Falling FDI in New Outlook Report.
🎙️ AfDB’s VP Prof Kevin Urama Unpacks Africa’s Debt Crisis and Falling FDI in New Outlook Report.
🎙️Nigeria’s Inflation Rate Falls to 22.22% in June 2025.
🎙️Global Findex: Formal Savings in Developing Economies Hit Record 40%.
🎙️Village Capital Launches $4M Fund Backing Startups in Ghana, Nigeria, and Tanzania.
Kenya Scraps Visa Requirements for Most African and Caribbean Nations.
Uganda’s Economy Grows by 6.9% in Q3 FY2024/25
Uganda’s Export Earnings Rise 39.1% in Q3, Trade Deficit Narrows
Meta Removes 500,000 Spam Accounts and 10 Million Fake Profiles
Kenya Scraps Visa Requirements for Most African and Caribbean Nations
Mozambique Enters Technical Recession as Economy Shrinks 3.9% in Q1 2025.
Ethiopia Hikes AI Budget 42%, Boosting Institute Reporting Directly to PM Abiy.
Angola’s Inflation Drops to 19.73% — Lowest Since 2023.
Mozambique Enters Technical Recession as Economy Shrinks 3.9% in Q1 2025.
Global Trade Grows, But Developing Countries Like Nigeria Are Being Left Behind.
🎙️Egypt's Inflation Cools Sharply to 14.9% — First Drop Since May 2024.
🎙️Global Trade Grows, But Developing Countries Like Nigeria Are Being Left Behind.
🎙️South Africa’s Stitch Takes Full Control of Card Payments With Efficacy Deal.
🎙️Africa’s Film Industry Eyes $20B Boom With New Finance Forum Push.
Ghana’s Finance Minister Thomas Nyarko Ampem Outlines Steps to Avoid Return to Junk Credit Ratings.
🎙️Ghana’s Finance Minister Thomas Nyarko Ampem Outlines Steps to Avoid Return to Junk Credit Ratings.
🎙️Tanzania’s Inflation Rises to 3.3% in June, Highest in Three Months.
🎙️Ghana’s Liquify Raises $1.5 Million Seed Round to Tackle Africa’s Trade-Finance Gap.
🎙️Trump Slaps 25–40% Tariffs on Imports from 14 Countries, Including South Africa and Japan.
South Africa’s Foreign Reserves Hit Record $68.415 Billion in June 2025.
🎙️South Africa’s Foreign Reserves Hit Record $68.415 Billion in June 2025.
🎙️Tunisia’s Inflation Holds at 5.4% in June, Lowest Since May 2021.
🎙️Ethiopia Secures $1 Billion World Bank Deal for Economic Reforms.
🎙️Uganda’s Zembo Gets $1 Million Loan from FMO for Battery Expansion.
