<p><iframe loading="lazy" src="https://www.youtube.com/embed/4biCA1wCM4E" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The United Arab Emirates has been the fourth-largest investor in Africa over the past 10 years. Investment from the UAE to Africa hit nearly $60 billion over the decade. Explore the growing intrigue around African investment firms and how Dubai is the ideal headquarters to set base.</p>


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Eye on Dubai EP6: The rise of African investments

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<p>Traders at UBA say investors are taking position ahead of next week Monday’s 360-billion-naira bond auction which is expected to keep the market quiet. Kenneth Onuoha, Team Member, Assets and Liabilities at UBA joins CNBC Africa for more market updates.</p>


UBA: Investors position ahead of next week’s bond auction

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<p>Traders at Access Bank say the bond market is witnessing sustained buying interest across all maturities with emphasis on the long-dated maturities such as the 2053 paper. For the T-bills side, demand is seen on the 24th October 2024 bill. Kinskin Ukeje, Treasury Team Member at Access bank joins CNBC Africa for a weekly wrap of market activities.</p>


Access: Long-dated papers sustain buy interest

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<p>Welcome to another edition of CNBC Africa&#8217;s all-new AI dedicated segment that keeps its finger on the pulse of continent-wide news that matters. Every week, we&#8217;ll dive into the latest headlines and speak to market innovators about all thing&#8217;s tech-driven across Africa.  This week we speak to Charity Wayua, Director at IBM Research Africa  on COP 28 and how artificial intelligence can lead the charge in addressing climate change.</p>


AI Africa: How AI can transform Africa’s economy

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<p>Rwanda horticulture industry presents numerous opportunities for niche companies to create start-ups and partner with the local farming community. The trend of local supports for locally produced spirits places distillers in a unique position to thrive under this growing market.</p>


Unlocking Rwanda’s spirits production potential

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<p>Women-focused initiatives in Africa is seeing a growing demand especially with the post-recovery period of the pandemic. This conversation looks at the creation and management of a women driven Dubai social enterprise, and how they are enabling skills development as well as full-time job opportunities for women in developing countries.</p>


Eye on Dubai EP5: Evolvin’ Women on uplifting women in rural & developing areas

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<p>The lack of available and accessible climate finance leaves a big gap in Africa&#8217;s ability to transition into a greener economy. How can Africa take ownership of its own carbon market value chains to gain access to carbon credit? This Focus On will highlight the benefits of providing the needed skills for the youth to participate in the green economy.</p>


Focus On COP28: NBI Skills Training & Youth Development

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<p>With COP28 underway in Dubai, political leaders, climate scientists and corporate leaders gather to reflect on the progress made while striving towards reaching Net-Zero. This Focus On highlights the role South African businesses can make to help implement the just energy transition plan.</p>


Focus On COP28: NBI Just Energy Transition Partnership


<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="592" src="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-820x592.jpeg" alt="" class="wp-image-433653" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-820x592.jpeg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-300x217.jpeg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-125x90.jpeg 125w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-768x554.jpeg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-1536x1109.jpeg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Fatmata-Binta_-image-by-Szymon-Brodziak-scaled.jpeg 2048w" sizes="(max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">Fatmata Binta; image by Szymon Brodziak </figcaption></figure>



<p>Africa&#8217;s culinary landscape is transforming, with chefs showcasing the diversity of African cuisine. From traditional ingredients to innovative techniques, these are the chefs reshaping the continent&#8217;s culinary identity.</p>



<p>Africa has long captured the world’s attention, but chef and cookbook author Mokgadi Itsweng says the chefs are leading this shift, through a kind of <em>sankofa</em>. “They’re going back to their roots and sharing it on a plate.”</p>



<p>Itsweng believes that chefs are the link between farmers and consumers, and says that as more African chefs embrace their heritage, they will raise awareness of culturally significant foods that deserve global recognition.</p>



<p>“I think what is bringing evolution to African cuisine is the desire for self-representation,” says Mmabatho Molefe, owner of Emazulwini in Cape Town. Molefe, whose food celebrates her Zulu heritage, says more chefs must embrace their own identity. “Not as a trend but rather as a sense of self-discovery.”</p>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="533" height="800" src="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie-533x800.jpg" alt="" class="wp-image-433656" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie-533x800.jpg 533w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie-200x300.jpg 200w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie-60x90.jpg 60w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie-768x1152.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Vusi-Ndlovu_-image-by-Alix-Rose-Cowie.jpg 1000w" sizes="(max-width: 533px) 100vw, 533px" /><figcaption class="wp-element-caption">Vusi Ndlovu; image by Alix-Rose Cowie </figcaption></figure>



<p>Vusi Ndlovu of Boma on Bree and Mlilo in Cape Town echoes Molefe, saying there’s an element of ‘coming home’: “Many chefs I know have worked for some brilliant people but they weren’t cooking their own food. After Covid, people realised that it is much better to push forward a narrative they love. So cooking food you grew up with, the food you love, with that fine technique, is what’s happening now.”</p>



<p>Storytelling and heritage preservation are undeniably at the core here. Johannesburg-based chef Siya Kobo wants African chefs to weave tradition with innovation to showcase the continent&#8217;s rich cuisine. &#8220;In the past, African chefs were mostly cooks,&#8221; Kobo explains. &#8220;Through education and experience, we began to understand who we are and used our learned chef&#8217;s skills and techniques, and combined them with our recipes to put ourselves first.” Kobo’s approach is to draw on his Eastern Cape heritage and polished skills to push his cuisine forward.</p>



<h2 class="wp-block-heading" id="h-the-only-continent-that-hasn-t-been-fully-explored">‘The only continent that hasn’t been fully explored’</h2>



<p>Similarly, Wandile Mabaso, who combines Eurocentric culinary expertise with South African heritage at Les Creatifs in Johannesburg, says African chefs have a responsibility to present local ingredients and techniques at the highest level. “Foodies across the globe are always looking for the new, and Africa is the only continent that hasn’t been fully explored,” says Mabaso. “Most of the new generation of chefs like myself have had global classical and fine dining training, and use knowledge and techniques to rediscover what they have on their home soil.”</p>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="571" height="800" src="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-571x800.jpg" alt="" class="wp-image-433654" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-571x800.jpg 571w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-214x300.jpg 214w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-64x90.jpg 64w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-768x1075.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-1097x1536.jpg 1097w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Wandile-Mabaso_-image-supplied-scaled.jpg 1463w" sizes="(max-width: 571px) 100vw, 571px" /><figcaption class="wp-element-caption">Wandile Mabaso; image supplied </figcaption></figure>



<p>This rediscovery of forgotten dishes helps evolve traditional cuisine but isn’t limited to South Africa.</p>



<p>Further afield in Africa, many chefs are cooking the food close to their hearts. Take Egyptian-born Mohamed Kamal, who’s preserving Nubian culture through food. “Once a chef knows the basic cooking methods, he can turn anything into an international style – it’s all about the techniques.” He does this by using common vegetables, with ingredients distinctive of Nubian cuisine, like hibiscus, dates, lamb and fenugreek flour.</p>



<p>On the opposite side of the continent, Sierra Leone-based Fatmata Binta is driving a similar force. “I’m a modern-day nomadic chef connected to the Fulani culture, customs, and cuisine of the biggest Nomadic group in West and Central Africa,” she says. “My nomadic restaurant ‘Dine on a Mat’ is an invitation for guests to step outside of their comfort zone and explore flavour and sustenance through the palates of Fulani women.” Like Kamal, Binta’s experiences focus on celebrating Africa’s underappreciated ingredients, giving them the platform they deserve.</p>



<p>In Nigeria is Michael Elégbèdé, who runs ÌTÀN in Lagos. Elégbèdé’s cooking celebrates the depth of Nigerian cuisine and pushes boundaries by marrying tradition with innovation. “My roots have always been a deep source of inspiration in my journey into food,” he says. “The food I create is, for me, a way to drive a cultural renaissance.” He credits other African chefs for showcasing dishes with regional specificity, further highlighting Africa’s diversity. “A factor in this evolution is the element of pride and ownership,” says Elégbèdé.</p>



<p>African food is thriving thanks to these African chefs and others. “Our customs live in our cuisine, therefore it’s critical to preserve and progress African cuisine,” says Kobo.</p>



<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="533" height="800" src="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-533x800.jpg" alt="" class="wp-image-433655" style="width:840px;height:auto" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-533x800.jpg 533w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-200x300.jpg 200w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-60x90.jpg 60w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-768x1152.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-1024x1536.jpg 1024w, https://cms.cnbcafrica.com/wp-content/uploads/2023/12/Mohamed-Kamal_-image-supplied-scaled.jpg 1365w" sizes="(max-width: 533px) 100vw, 533px" /><figcaption class="wp-element-caption">Mohamed Kamal; image supplied </figcaption></figure>



<p>Mabaso agrees, “We are now making sure the right stories are told.” Molefe adds that Africa has many unwritten cultural practices that need to be documented and kept alive, but these chefs hold much of the power going forward.</p>



<p>Elégbèdé says: “Only we can tell our stories most authentically.”</p>



<p>They contribute to the sustainability of their food systems while preserving their culinary traditions and biodiversity. Binta concludes that “African cuisine is the future” because of its ingredients and superfoods. Through these unique perspectives, these chefs are shaping a rebirth across Africa – and the culinary landscape has never been more exciting.</p>


Fatmata Binta_ image by Szymon Brodziak

‘Sharing On A Plate’: The Chefs Reshaping The Culinary Industry With A Modern Twist To Traditional African Food

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<p>Traders at UBA expect the noticeable purchasing interest observed towards the end of the yield curve especially the 2053 bond to persist this week. Meanwhile investors await the outcome of today’s 101.4 billion naira treasury bills auction. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC Africa for more market updates.</p>


UBA: Buy interest seen at end of bond curve

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<p>Egypt played host to the 3rd edition of the 2023 Intra Africa Trade Fair where trade and investment deals worth about $43.7 billion were sealed, an amount slightly higher than initial projections. Over 1900 exhibitors from 130 countries were in attendance at the trade fair in Cairo. You can watch the highlights of the 2023 Intra Africa Trade Fair on CNBC Africa.</p>


Highlights Special of the 2023 Intra Africa Trade Fair

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<p>Dr. Mosoka Fallah, Program Manager for Saving Lives and Livelihoods and Dr Merawi Aragaw Tegegne, Ag. Head Division of Emergency Preparedness &#038; Response at Africa CDC, both express the urgency for health localisation, the importance of partnerships for the betterment of health infrastructure and services, as well as building response and readiness for preparation for new disease threats. CNBC Africa’s Zanele Morrison looks at how Saving Lives and Livelihoods, introduced by Africa CDC, is changing the landscape of African healthcare.</p>


Focus On: How the Saving Lives & Livelihoods Initiative is transforming African healthcare

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<p>Investors have their focus fixed on the 104.3 billion naira T-bills auction today,  as the market continues to take a cautious approach. Adamma Mbachu, Team Lead, Currency Trading at Access Bank joins CNBC Africa for more mid-week market updates.</p>


DMO to conduct ₦104.3bn T-Bills auction

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<p>The agenda on today’s Power Table is South Africa’s economy and whether it’s losing its resilience or if the contraction in the third quarter is just a speed bump in its road to recovery. Joining CNBC Africa for this discussion is Carmen Nel, Head of Multi-Asset Strategy, Terebinth Capital and Elna Moolman, Head: SA Macroeconomic Fixed Income &#038; Currency Research, Standard Bank.</p>


The Power Table: State of the South African Economy

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<p>30 years into South Africa&#8217;s democracy and with national elections in 2024, CNBC Africa&#8217;s Godfrey Mutizwa discusses key issues affecting South Africa&#8217;s current economy conditions and which areas South Africa&#8217;s leaders should prioritize to tackle unemployment and poverty.</p>


The future of South Africa: 30 years of democracy and beyond

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<p>The United Arab Emirates is the second-largest market for iron and steel in the Gulf Cooperation Council region, accounting for approximately 25 per cent of the total market. Their iron and steel market is expected to grow at a compound and annual growth rate of 5.7 per cent during the forecast period of 2021-2026. On this episode of Eye on Dubai, CNBC Africa’s Zanele Morrison speaks with Bharat Bhatia, Founder and CEO of Conares, on how Conares has solidified itself as a main contender in this rising market.</p>


Eye on Dubai EP4: UAE Iron and Steel Industry

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<p>In 72 hours, the Africa investment Forum’s 2023 Market days in Marrakech, Morocco generated $34.8 billion in investment interest for projects covering Infrastructure, health, agriculture, the creative industry and other key sectors. The theme this year focuses on unlocking Africa’s value chains. Catch the highlights of the 2023 Market days of the Africa Investment Forum on CNBC Africa.</p>


CNBC Africa

Eye on Dubai EP6: The rise of African investments

UBA: Investors position ahead of next week’s bond auction

Access: Long-dated papers sustain buy interest

AI Africa: How AI can transform Africa’s economy

Unlocking Rwanda’s spirits production potential

Eye on Dubai EP5: Evolvin’ Women on uplifting women in rural & developing areas

Focus On COP28: NBI Skills Training & Youth Development

Focus On COP28: NBI Just Energy Transition Partnership

‘Sharing On A Plate’: The Chefs Reshaping The Culinary Industry With A Modern Twist To Traditional African Food

UBA: Buy interest seen at end of bond curve

Highlights Special of the 2023 Intra Africa Trade Fair

Focus On: How the Saving Lives & Livelihoods Initiative is transforming African healthcare

DMO to conduct ₦104.3bn T-Bills auction

The Power Table: State of the South African Economy

The future of South Africa: 30 years of democracy and beyond

Eye on Dubai EP4: UAE Iron and Steel Industry

2023 Africa Investment Forum Market Days: Highlights Special

News Tips

Advertise With Us

CNBC Africa

Eye on Dubai EP6: The rise of African investments

UBA: Investors position ahead of next week’s bond auction

Access: Long-dated papers sustain buy interest

AI Africa: How AI can transform Africa’s economy

Unlocking Rwanda’s spirits production potential

Eye on Dubai EP5: Evolvin’ Women on uplifting women in rural & developing areas

Focus On COP28: NBI Skills Training & Youth Development

Focus On COP28: NBI Just Energy Transition Partnership

‘Sharing On A Plate’: The Chefs Reshaping The Culinary Industry With A Modern Twist To Traditional African Food

UBA: Buy interest seen at end of bond curve

Highlights Special of the 2023 Intra Africa Trade Fair

Focus On: How the Saving Lives & Livelihoods Initiative is transforming African healthcare

DMO to conduct ₦104.3bn T-Bills auction

The Power Table: State of the South African Economy

The future of South Africa: 30 years of democracy and beyond

Eye on Dubai EP4: UAE Iron and Steel Industry

2023 Africa Investment Forum Market Days: Highlights Special

News Tips

Advertise With Us

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