Listen

Description

🎙 The Chinese Foreign Minister Wang Yi is making the annual African tour.  The focal point of this year's tour is Security to bolster Chinese influence on the continent, promoting cooperation and development. 

🎙NSE All Share Index gained 28.8% in the last 12 months and increased 79.75% to 96251.00 Index Points.

🎙The JSE All Share index was slightly down around 72,365 on Monday. 

🎙Oil eased to around $73 per barrel on Monday as production resumed at Libya’s largest oil field following a three-week stoppage due to political protests.

🎙African central banks are set to uphold tight monetary policies in the upcoming weeks, diverging from European and Latin American counterparts that have begun interest rate cuts.

🎙The fast food market in the Middle East and Africa is projected to grow at a rate of 9.2% from 2024 to 2030. It is expected to reach a value of $62.44 billion, up from its current value of $33.88 billion.