Middle class cash flow problem: They are usually cautious about money but as they strive to improve their standard of living, they get increasingly into debt. All their lives they work to pay off their mortgages, credit card bills, car loans etc.

Massive earthquake in the Caribbean Sea. Tsunami warning has been issued.

@NkoroiKiogora I don’t understand. Why wouldn’t low demand cause them to default on loans?

@nderi_j @MwangoCapital Would probably help minimize political risks given that they plan to run it for at least 30 years

@funguofinance It was in the Friday business daily newspaper.

US President Donald Trump is reportedly leveraging the ongoing Ethiopia/Egypt dispute over the Grand Ethiopian Renaissance Dam (GERD) to pressure Egypt into accepting his proposal to relocate Palestinians from the Gaza Strip into Egyptian territory. — The Reporter Ethiopia

@Ochimaneno Very unfortunate that they are going down. Tough economy

Kenya Finance Minister yesterday said Trump’s move to freeze aid could hit Kenya hard as it lacks fiscal space to replace the funding. Today Central bank governor says he does not see much effect on exchange rate from the freeze due to strong remittance inflows.

Kengen Pre-tax profits jumped 65% to Shs 8 billion in half year to December from Shs 5 billion same period previous year. Its operating costs fell by 14%.

US government said to have started plans on the ground to transfer Palestinian population from Gaza Strip to Somalia and Morocco.

This week Burkina Faso, Mali and Niger formally withdrew from the Economic Community of West African States (ECOWAS) but they will continue to use CFA Francs and will retain membership in West African Economic Union.

@SokoAnalyst Lending rates are too high. They need to drop so that entrepreneurs can access affordable capital. Hopefully CBK will do a sizable rate cut in upcoming review.

EABL half year profits after tax grew by 20% reaching Kshs 8.1 billion. To pay interim dividend of Shs 2.5 per share.

Kenya, Rwanda, US and French embassies attacked in DR Congo by angry protestors. - Reuters

China officials are considering selling TikTok to Elon Musk.

First Bank of Nigeria says it is looking to expand to Ethiopia where the market is opening up. Ethiopia just recently passed laws to allow foreign banks to invest.

This is the kind of thing the AU should be doing and supporting.