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
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.

🎙️Meet The Ceo: Meet Ivy Maingi, Glovo Uganda Country manager. 🎙️Bitcoin Hits Record $123K on Institutional Demand and Fed Cut Bets
🎙️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. 🎙️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. 🎙️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. 🎙️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. 🎙️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.
🎙️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 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. 🎙️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. 🎙️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. 🎙️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 Airtel Africa Posts Over 400% Surge in Profit to $156 Million in Q1 2026 Ethio Telecom’s Annual Pretax Profit Jumps 80% to $550 Million
Liberia Launches Africa’s First Youth Entrepreneurship Investment Bank Backed by AfDB Ethiopia Releases First T-Bill Calendar to Raise 117 Billion Birr in Q3 FY 2024/25 Africa Tops China’s Belt and Road Investment List with $39 Billion in H1 2025 World Bank Flags Expensive Mobile Data as Major Barrier to Africa’s Digital Future AfDB’s Akinwumi Adesina Says Liberia’s Youth Bank Signals a New Economic Era
🎙️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. 🎙️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. 🎙️ 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. 🎙️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. 🎙️ 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.
🎙️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. 🎙️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.
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
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.
🎙️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. 🎙️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. 🎙️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.
🎙️African Startups Rebound with $1.4B Raised in H1 2025. 🎙️Israel-Iran Conflict Raises Oil Price Fears for Africa. 🎙️AfDB Eyes Partnerships with Asia for Critical Mineral Processing. 🎙️Ethiopia Completes Mega Dam on the Blue Nile.
🎙️MTN Mobile Money CEO on Driving Financial Inclusion and SME Growth in Uganda. 🎙️Kenya’s PMI Dips to 48.6% as Economic Contraction Continues. 🎙️Kenya’s Economy Grows 4.9% in Q1 2025, Boosted by Strong Agriculture Sector.
🎙️Nigeria's New Tax Legislation: Expert Analysis on SME Impacts and Consequences. 🎙️Moody's Downgrades Afreximbank Credit Rating, Citing Sovereign Lending Risks. 🎙️African Air Travel Taxes Average $68 - Double Other Global Regions. 🎙️Microsoft Implements Second Round of Layoffs, Cutting 9,000 Positions. 🎙️South Africa Seeks Deadline Extension for US Trade Deal Negotiations. 🎙️Starlink Announces $130 Million Investment for African Internet Expansion....
🎙️Assessing AI's Impact on Global Financial Stability: Insights from IMF Experts. 🎙️AfDB Approves $500,000 Grant for Rwanda's Innovative Cable Car Project. 🎙️Senegal's Economy Achieves Record 12.1% Growth in First Quarter 2025. 🎙️JSE Index Surpasses 97,000 Mark, Reaching New All-Time High.
🎙️Multinational Exodus from Nigeria: Tax Policy Analyst Usman Shamaki Weighs In. 🎙️Kenya's Inflation Holds Steady at 3.8%. 🎙️Morocco's Q1 Growth Reaches 4.8%, Highest Since 2021. 🎙️Egypt's Economy Grows 4.7%, Fastest Pace in Three Years.