<p><iframe loading="lazy" src="https://www.youtube.com/embed/iAds11vjSgY" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Analyst at Assar Investments, Muktar Mohammed says going by the positive impact of Zenith Bank and Stanbic IBTC half-year earnings and dividend announcement on the equities market, a similar trend is expected as the market awaits results from GTCO, Access Bank and UBA. He joins CNBC Africa to discuss more dynamics that will impact market movements going forward beyond September?</p>


maxresdefault

Tier-1 banks’ H1’24 earnings to lift equities sentiment

<p><iframe loading="lazy" src="https://www.youtube.com/embed/RcA05GVoQes" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>It seems the bulls are back in town as Nigeria’s equities market opens then month of September in the green. This is due to strong performances from Oando, Eterna, and BUA foods. Meanwhile, analysts expect mixed to positive sentiment at this week&#8217;s trading this week supported by the upcoming tier-1 banks&#8217; financial results and dividend announcements. Victory George, Investment Research Analyst at Meristem Securities joins CNBC Africa for more market movements.</p>


Can Nigeria’s equities sustain bullish run?

<p><iframe loading="lazy" src="https://www.youtube.com/embed/DWGE9046MQc" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>In Africa, an estimated 93 million children under age 14 live with moderate or severe disabilities, with four in five residing in developing countries, primarily in sub-Saharan Africa. Despite these numbers, children with disabilities face significant barriers to education, with the World Bank estimating they are 2.5 times more likely to never attend school. This September, our edition of #EdTechMondays Africa explores how EdTech solutions can bridge the education gap for learners with disabilities.</p>


EdTech Monday: Inclusive technology for learners with disability

<p><iframe loading="lazy" src="https://www.youtube.com/embed/KQ9ee6kdaTI" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Traders at UBA expect the sustained bullish trend witnessed at the T-Bills market to persist with buy interests inclined to the August bills. Chuka Nwachukwu, Head of ALM and Balance sheet at UBA joins CNBC Africa for more market movements.</p>


UBA: August bills record buy interest

<p><iframe loading="lazy" src="https://www.youtube.com/embed/McZAwB0UOMQ" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Traders at Access bank expect the bullish momentum in the Bond market to linger as the improved liquidity continues to spur investors&#8217; appetite. For treasury bills, the market remains active driven by continued demand, particularly for mid- to long-dated securities. Daniel Afolabi, Treasury Team Member at Access Bank joins CNBC Africa for a weekly wrap of market movements.</p>


Access: Improved liquidity spurs bond investors’ appetite

<p><iframe loading="lazy" src="https://www.youtube.com/embed/xkhkbh9rgjY" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>AMA Medical Manufacturing has signed a Memorandum of Understanding with Echitab Study Group Nigeria and MicroPharm for the production of snake anti-venoms in Nigeria. CNBC Africa in this special broadcast brings you details of the signing and near-term expansion plans to accommodate the production of other useful biologicals.</p>


Focus On: AMA Medical Manufacturing, ESGN & MicroPharm sign MoU for anti-venom production

<p><iframe loading="lazy" src="https://www.youtube.com/embed/drScf_LMkGQ" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The bullish trend on bonds seen this week is less intense as investors’ appetite is curtailed by the OMO auction floated this week. Traders at UBA expect prevailing market sentiments at the T-bills side to prevail as liquidity tightens. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC Africa for more market movements.</p>


UBA: Mixed sentiment to prevail as liquidity tightens

<p><iframe loading="lazy" src="https://www.youtube.com/embed/C1mTBZdBRhQ" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The Nigeria equities market is expected to sustain mixed sentiments as investors continue to retain a risk-off stance on the market. Tunde Awolola, the Managing Director at Parthian Securities, joins CNBC Africa for a market update.</p>


Mixed sentiments persists in Nigeria equities

<p><iframe loading="lazy" src="https://www.youtube.com/embed/redb-LWJ0j0" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>This episode of Focus On spotlights McDonald’s SA’s Women in Conversation webinar. The bi-annual event, hosted by the South Africa Chapter of the Women’s Leadership Network, aims to recognise and raise awareness of the significant contributions that women are making at McDonald’s globally.</p>


Focus On McDonald’s SA: Women in Conversation

<p><iframe loading="lazy" src="https://www.youtube.com/embed/-qWVEWYmL8c" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>This episode of Focus On delves into MTN Group &#8211; Africa&#8217;s leading telecommunications company and the unique legacy it has built over the past 30 years. The Group has over 288 million customers across 18 markets and over 17 000 employees. CNBC Africa’s Godfrey Mutizwa asks Group President &#038; CEO Ralph Mupita what&#8217;s in store for MTN over the next 30 years.</p>


Focus On MTN Group: The 30-year journey

<p><iframe loading="lazy" src="https://www.youtube.com/embed/JX0bfcNYu3I" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The Central Bank of Nigeria plans to issue 2.2 trillion naira in T-bills in the fourth quarter of this year. For the bond side, improved bids are skewed towards the long end maturities with emphasis on the 2053 bond. Traders at Access Bank expect the bullish momentum to wane following the OMO auction debit. Senator Audu, Treasury Team Member at Access Bank joins CNBC Africa for more market movements.</p>


CBN plans ₦2.2trn T-bills issuance in Q4’24

<p><iframe loading="lazy" src="https://www.youtube.com/embed/FyLkD-5s2X4" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Discover Rwanda brings you Cultural Gems: A one-stop show where heritage, culture, food, dance, and crafts come together, offering a deep dive into the heart of Rwanda.</p>


Discover Rwanda: Cultural Gems


<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="547" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-820x547.jpg" alt="" class="wp-image-523855" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-820x547.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-300x200.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-135x90.jpg 135w, https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-768x512.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-1536x1024.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/08/GettyImages-1258656549-scaled.jpg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">Wamkele Mene, secretary-general of African Continental Free Trade Area (AfCFTA), during a Bloomberg Television interview at the Bloomberg New Economy Gateway Africa event in Marrakesh, Morocco, on Tuesday, June 13, 2023. The event brings together leaders in the private and public sectors to discuss the world&#8217;s most pressing issues and evaluate potential solutions in the context of local and regional priorities. Photographer: Hollie Adams/Bloomberg via Getty Images</figcaption></figure>



<p>The Secretary General of the African Continental Free Trade Area (AfCFTA) says he is disappointed that South Africa, Africa’s largest economy, has not ratified a payment system intended to cut trade costs and accelerate the economic integration of the continent.</p>



<p>The Pan-African Payment and Settlement System (PAPSS), established in partnership with the African Union, enables companies to transact in any of Africa’s 42 currencies without the need for a third party currency like the U.S. dollar, saving as much as $5 billion annually. Some 115 commercial banks and 15 central banks have joined the system.</p>



<p>&#8220;I regret that South Africa has not yet adopted the Pan-African Payment and Settlement System because I think it is a political economy question,’’ AfCFTA Secretary General Wamkele Mene told CNBC Africa. &#8220;I must confess, I am surprised that not more countries have joined PAPSS.”</p>



<p>While the question was best answered by the South African Reserve Bank, Mene said the country stood the most to benefit from lowering costs and increasing intra-Africa trade as it had more than 80 percent of manufactured goods trade in Africa.</p>



<p>The Africa Export-Import Bank estimates more than 80 percent of intra-African payments currently go through either Europe or the United States, a legacy of the continent’s colonial history and political and economic dominance of the West over the continent. PAPSS will reduce this reliance while giving Africa autonomy over its trade relations with the rest of the world, Mene said.</p>



<p>&#8220;If you look at the cost of a transaction, a trade transaction across regions of the continent, if your goods cost you $500, we charge you $2 to transact on PAPSS. If you use SWIFT, you will pay $60, $70. And it is instantaneous. It is a digital platform, instantaneous. So I think that it is in Africa&#8217;s advantage,’’ he said.</p>



<p>The Africa Union launched the Africa Continental Free Trade Agreement in January 2021, the youngest and largest trading bloc in the world seeking to create a common market with a combined gross domestic product of $3.4 trillion that’s projected to grow to $16.5 trillion by 2035, according to the Washington-based World Bank. It’s been ratified by 48 of Africa’s 54 territories. Eritrea is expected to join soon, Mene added.</p>



<p>&#8220;I think we have to make that mental shift of not only believing in ourselves as Africans, but also believing in the institutions and the mechanisms that we have introduced,’’ said Mene.</p>



<p>Key participants in PAPSS include central banks, which act as regulators and clearance agents, commercial banks, fintechs, payment service providers and their customers who are made up of the businesses operating across the continent.</p>



<p>Afreximbank says it expects the majority of Africa’s central banks to have joined PAPSS by next year, a key step in its drive to increase intra-African trade to more than 20 percent, the lowest amongst the world’s trading blocs. Intra-European trade sits 68 percent with Asia at 59 percent while Northern America is at 30.6%, according to the UN Trade and Development.</p>



<p>&#8220;This question is not just about addressing the trade deficit in Africa, it is also about the sovereignty of the continent of Africa, the payment sovereignty of the African continent,’’ Mene said. &#8220;If today you upset somebody in Washington, in London, you will be kicked out of SWIFT and you will not be able to transact with the rest of the world. So it is not just about the issue of easing payments, it is also about the political sovereignty. It is a political economy question.’’</p>


Key Speakers at New Economy Gateway Africa Event

AfCFTA Secretary General Laments S. Africa’s Absence from Flagship African payments system

<p><iframe loading="lazy" src="https://www.youtube.com/embed/b7Z0MFlyiZ0" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Technological Advances and Ethical Uses of Technology came to the fore at the 10th Future of Education Summit. CNBC Africa Anchor, Zanele Morrison led a panel discussion on promoting digital literacy, responsible use of technology, and ethical considerations in the digital age, with leaders in the education sector from as far afield as Dubai, Finland, the UK and South Africa.<br />
#FOE2024</p>


Future of Education Summit 2024: Technological advances and ethical uses of technology

<p><iframe loading="lazy" src="https://www.youtube.com/embed/KR4Q9eWV5lQ" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>In an era marked by environmental challenges, social inequalities and corporate accountability, the integration of ESG principles into education curricula has become paramount. Higher Education Institutions play a pivotal role in shaping future leaders who can navigate complex global issues. CNBC Africa&#8217;s Zanele Morrison moderates this panel discussion with four prominent academics.</p>


FOE 2024: Governance & Integrating ESG and Sustainability Principles into Curricula

<p><iframe loading="lazy" src="https://www.youtube.com/embed/ehX2yoI1GiA" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>The share price of Oando gained 10 per cent today after the announcement of the 783-million-dollar acquisition of Eni’s Subsidiary, Nigerian Agip Oil Company. How does this fit into the Oando’s diversification opportunities within the broader energy sector? Ekene Oyeka, Securities Trader at Norrenberger joins CNBC Africa for more on this, stock price movements and what’s driving the sustained sell pressure in Nigeria’s equities.</p>


Oando share price up 10% after Nigerian Agip Oil acquisition

<p><iframe loading="lazy" src="https://www.youtube.com/embed/BXa1NJvAWvw" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>In an ever-changing world, education plays a pivotal role in shaping societies, fostering resilience, and promoting equity. This requires collective effort, visionary policies, and a commitment to leaving no one behind. CNBC Africa Senior Anchor, Fifi Peters and her guest address the topic of building a more inclusive, resilient, and sustainable education ecosystem. This discussion was part of the 10th Future of Education Summit.<br />
#FOE2024</p>


CNBC Africa

Tier-1 banks’ H1’24 earnings to lift equities sentiment

Can Nigeria’s equities sustain bullish run?

EdTech Monday: Inclusive technology for learners with disability

UBA: August bills record buy interest

Access: Improved liquidity spurs bond investors’ appetite

Focus On: AMA Medical Manufacturing, ESGN & MicroPharm sign MoU for anti-venom production

UBA: Mixed sentiment to prevail as liquidity tightens

Mixed sentiments persists in Nigeria equities

Focus On McDonald’s SA: Women in Conversation

Focus On MTN Group: The 30-year journey

CBN plans ₦2.2trn T-bills issuance in Q4’24

Discover Rwanda: Cultural Gems

AfCFTA Secretary General Laments S. Africa’s Absence from Flagship African payments system

Future of Education Summit 2024: Technological advances and ethical uses of technology

FOE 2024: Governance & Integrating ESG and Sustainability Principles into Curricula

Oando share price up 10% after Nigerian Agip Oil acquisition

FOE 2024: Building a more inclusive, resilient and sustainable education ecosystem

News Tips

Advertise With Us

CNBC Africa

Tier-1 banks’ H1’24 earnings to lift equities sentiment

Can Nigeria’s equities sustain bullish run?

EdTech Monday: Inclusive technology for learners with disability

UBA: August bills record buy interest

Access: Improved liquidity spurs bond investors’ appetite

Focus On: AMA Medical Manufacturing, ESGN & MicroPharm sign MoU for anti-venom production

UBA: Mixed sentiment to prevail as liquidity tightens

Mixed sentiments persists in Nigeria equities

Focus On McDonald’s SA: Women in Conversation

Focus On MTN Group: The 30-year journey

CBN plans ₦2.2trn T-bills issuance in Q4’24

Discover Rwanda: Cultural Gems

AfCFTA Secretary General Laments S. Africa’s Absence from Flagship African payments system

Future of Education Summit 2024: Technological advances and ethical uses of technology

FOE 2024: Governance & Integrating ESG and Sustainability Principles into Curricula

Oando share price up 10% after Nigerian Agip Oil acquisition

FOE 2024: Building a more inclusive, resilient and sustainable education ecosystem

News Tips

Advertise With Us

Newsletters