Tom Muchiri – Page 2 – Pangea Capital

Fighting for breath: how the medical oxygen industry is failing African hospitals

While the majority of sufferers have mild symptoms, 14% of Covid patients will need oxygen in hospital and 5% mechanical ventilation in intensive care. Across countries including Nigeria, Kenya, Burkina Faso, Guinea, South Africa, South Sudan, Cameroon, Ethiopia and Tanzania, many hospitals and dedicated Covid-19 isolation centres have oxygen shortages.

The value of mobile money transactions set a new monthly record.

The value of mobile money transactions set a new Ksh.392.2 billion all-time monthly record in June translating to an average Ksh.13.1 billion worth of transactions per day.
The record coincides with a recovery to both the value and number of transactions following dips recorded across April and May.
The number of transactions for instance topped 143.14 million in June from a low 125 million and 135.92 million deals in April and May respectively.

Nairobi hospital and UN ink Ksh1.1 billion covid facility.

Nairobi hospital and UN ink Ksh1.1 billion covid facility.

Black entrepreneurs vs Us investors on African Businesses

Stephen Gugu, a co-founder of ViKtoria Angel Business Network in Kenya, has followed the flow of capital into the so-called Silicon Savannah but noticed that foreigners sell their vision better. “In all honesty, the expatriate founders pitch better than we Kenyans do. They’re able to paint this picture of an Africa that is full of opportunity.”

2020 may see a change in the recent upwards trend of tech startup investment size.

See

Are fund managers in the country walking on thin ice?

With low savings rates and over 80% portfolio concentration in Treasuries and bank deposits, there is little left for businesses investment in the real economy.

Implementation of AcFTA despite logistical problems posed by the COVID-19 pandemic.

Arguing the merits of fringe through the implementation of AcFTA despite logistical problems posed by the COVID-19 pandemic.

Timely capital is needed from long term investors.

The ways to manage investment risk needs to expand to allow for a gestalt moment.

Check out this link by Alliance magazine : https://www.alliancemagazine.org/blog/a-call-for-timely-capital/

US invests in Mozambique’s LNG

US invests in Mozambique’s LNG

Kimberly Reed of US Eximbank says “we have the capacity at any one time to support $135bn in transactions, and right now we are at about $50bn, so we have opportunity for growth and support”.

Reed goes on to point out that while the US Exim bank was closed, large LNG projects in Mozambique turned to Russian and Chinese financing; but when they re-opened, “they turned to us instead”.

Focus on outputs, says Sunny Bindra

Focus on outputs , says Sunny Bindra.