Good Morning Africa

The $200B Cargo Diversion and its impact on Africa.

March 04, 2024 The K Financial Season 3 Episode 41
Good Morning Africa
The $200B Cargo Diversion and its impact on Africa.
Show Notes

πŸŽ™ Over $200B (Sh29.1T) cargo diverted from Red Sea/Suez Canal since attacks by Iran-backed Houthi rebels in Yemen since December.

πŸŽ™ MTN Group Sees 90% Profit Plunge Due to Nigerian Currency Devaluations since June.

πŸŽ™ Kenya and Tanzania are the most affected economies in the East Africa region as vessel movement through the Suez Canal fall, a report indicates, amid continued disruption in international trade.

πŸŽ™ Kenya is the second most attacked country by cyber criminals in the Middle East, Turkey and Africa region (META), new industry insights show

πŸŽ™Africa's Economies Outpace Global Growth Amid Challenges.