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Podcast: Good Morning Africa
Episode: Clean energy transition in Africa.
Description: ๐Africa's clean energy shift promises security, green jobs, and development but faces hurdles.ย ๐Gross foreign exchange reserves in South Africa increased to USD 61.721 billion from USD 60.932 billion.๐The Central Bank of Botswana slashed its benchmark interest rate by 25 bps to 2.40% at its meeting on December 7th 2023, pushing borrowing costs to the lowest since July 2022.๐Africa faces $25B annual loss from EU carbon tax, risking de-industrialization and reliance on raw exports.๐ The annual inflation rate in Rwanda declined to 9.4% from 12.9%.๐The annual ur...