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Bitcoin surged from $64,000 and broke above $67,000, reaching this milestone for the first time since June 17. 

Bitcoin soars past $67,000: Is this the start of a bull run? 

Mortgage defaults in Kenya have surged to a record KES 40 billion, with 88.4 per cent of mortgages tied to variable interest rates. 

Inside Kenya's KES40bn mortgage defaults & equity performance

Artificial Intelligence (AI) has been a transformative force in various sectors across the globe, and Sub-Saharan Africa is no exception. 

Policy & implementation of AI adoption to grow SSA economies

The advent of smart port technologies is revolutionizing Africa's logistics and maritime sectors. 

Economic impact of smart port technologies on African trade efficiency 

According to Kenya's 2023 Foreign Investment Survey Report, foreign liabilities grew by 17.9 per cent from 2020 to 2022, driven largely by an 11.6 per cent increase in Foreign Direct Investment (FDI). 

India surpasses China as Kenya’s leading Asian investor 

With new players emerging and consumer preferences constantly evolving in the smartphone market, Samsung is looking to solidify its dominance through a market expansion strategy into new East African markets, including the DRC, Ethiopia, and Rwanda. 

East Africa: Samsung taps into AI smartphones market as demand grows

Salaam Somali Bank has partnered with Visa to introduce Visa Debit and Visa Prepaid cards nationwide. 

Salaam Somali Bank partners with Visa to introduce Visa debit & prepaid cards

As Tanzania enters the new fiscal year 2024/25 in June, economic activity is expected to pick up steam with increased government spending on infrastructure projects. 

Alpha Capital’s 2024/25 economic outlook for Tanzania 

As the US Federal Reserve targets 2 per cent inflation, East Africa faces market challenges, including political unrest and regional economic variations. 

Uganda market review 

The Rwandan economy has grown significantly over the last seven years despite challenges such as the pandemic, geopolitical pressures and technological shift. 

Examining franc’s valuation ahead of Rwandan polls

Kenya's government operations are now under the supervision of senior civil servants until a new cabinet is appointed. 

Economic & market implications of Kenya's cabinet dismissal

Kenya's construction industry faces a potential budget crunch as the cost of key materials surges. 

CBEA