<p><iframe src="https://www.youtube.com/embed/uszPx4S6yes" width="100%" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>A number of startups are hoping to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled balloons. CNBC’s Magdalena Petrova explains: https://youtu.be/pfB32FkAxh0&#8230;</p>


Startups are building balloons to hoist tourists 100

Startups are building balloons to hoist tourists 100,000 feet into the stratosphere

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<p>Fintech brokers leverage on technology to facilitate trading and investment, supporting a variety of trading instruments like Forex and cryptocurrencies. In this Focus On segment, we step into this world with a globally-regulated fintech broker who has their sights set on Africa.</p>


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Focus On: Fintech brokers in Africa

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<p>Traders at UBA say they expect mixed sentiments from investors at the Treasury Bills market following Tuesday’s poor OMO auction as no sale was recorded at the auction despite the 86.5-billion-naira worth of bids for the 364-day maturity. Kenneth Onuoha, Team Member, Assets and Liabilities at UBA joins CNBC Africa for more market discussions.</p>


UBA: T-bills to see mixed sentiments on poor OMO outing

<p><iframe loading="lazy" src="https://www.youtube.com/embed/TweyR31Wx3g" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>This episode of Focus On explores initiatives to empower and support women-led SMEs through access to funding, resources, and network opportunities just ahead of Women’s Month in South Africa. CNBC Africa spotlight one such initiative called She’s Next, a collaborative effort by Visa and Absa that has rolled out recently.</p>


Focus On: She’s Next Programme

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<p>The Atlanta Olympic Games were a low point for British sport.</p>
<p>Great Britain returned from the 1996 Summer Games with just one gold medal in hand &#8211; and 15 overall.</p>
<p>“There was an immediate overhaul,” said Ben Bloom, a sports journalist who has covered the Olympics for more than a decade.</p>
<p>U.K. Sport, a government agency responsible for investin&#8230;</p>


Why becoming an Olympic athlete is so expensive

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<p>The issues of age and candidate vitality are having an impact on the 2024 election. Lawmakers in the U.S. are relatively old when compared to similar legislative bodies around the world. Senior, incumbent politicians tend to have advantages when it comes to experience, life circumstance and fundraising abilities that can increase their odds of re-election. Meanwhile, the aging officials could influence public spending decisions that shape the U.S. economy for years to come.</p>
<p>Chapters:<br />
00:00 &#8211; 01:15 Cold Open<br />
01:15 &#8211; 04:06 Chapter 1 &#8211; Aging lawmakers<br />
04:06 &#8211; 06:59 Chapter 2 &#8211; The aging electorate<br />
06:59 &#8211; 09:46 Chapter 3 &#8211; Washington&#8217;s aging workforce</p>
<p>Produced and Edited by: Carlos Waters<br />
Supervising Producer: Lindsey Jacobson<br />
Animation: Christina Locopo, Emily Rabbideau<br />
Additional Footage: Getty Images, MSNBC, U.S. Senate<br />
Additional Sources: Associated Press, Brookings Institution Bipartisan Policy Center, Boise State University, Congress, FiscalNote, OpenSecrets, Population Reference &#8230;</p>


Why The U.S. Has The Oldest Politicians In The World

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<p>Samsung recently revealed the Galaxy Ring, its first foray into the smart ring category of products. The South Korean tech giant is also betting artificial intelligence alongside its huge suite of products from smartphones to smartwaches, will keep users locked into its world of products. CNBC&#8217;s Tom Chitty and Arjun Kharpal are joined by Ben Wood f&#8230;</p>


Samsung bets on the Galaxy Ring and AI as its next big thing

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<p>There’s more than 8,000 data centers globally, but it’s not nearly enough to keep up with the power needs of generative AI. One ChatGPT query takes about 10 times as much energy as a typical Google search. Training one large language model can produce as much CO2 as the entire lifetime of five gas-powered cars and use as much water as a small country. Even if we generate enough power, our aging grid is increasingly unable to handle transmitting it to where it’s needed. That’s why data center companies like Vantage are building closer to where power is generated, while the industry invests in alternate energy source and creative ways to harden the grid.</p>
<p>Chapters:<br />
1:58 Chasing Power<br />
6:06 Hardening the Grid<br />
8:45 Keeping it cool<br />
11:56 More work per watt</p>
<p>Produced and Shot by: Katie Tarasov<br />
Edited by: Evan Lee Miller<br />
Supervising Producer: Jeniece Pettitt<br />
Animation: Christina Locopo, Jason Reginato, Emily Rabbideau<br />
Additional Camera: Andrew Evers<br />
Production Support: Lisa Setyon<br />
Addi&#8230;</p>


How The Massive Power Draw Of Generative AI Is Overtaxing Our Grid

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<p>Afreximbank set the stage for Global Africa at the 31st Annual Meetings and third AfriCaribbean Trade and Investment Forum held in the Bahamas. As African and Caribbean countries unite to shape their economic future in response to the challenges of deglobalisation. CNBC Africa brings you exclusive insights from the meetings.</p>


Afreximbank Annual Meetings & AfriCaribbean Trade and Investment Forum 2024: Highlights Special

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<p>Indonesia has become the world’s leading producer of nickel, supplying over 40% of global demand crucial for electric vehicle batteries. This surge is driven by partnerships with China, which has improved local refining capabilities. Meanwhile, the United States faces challenges with limited nickel supply, mining just 17,000 metric tons in 2023 compared to Indonesia’s 1.8 million metric tons. Elon Musk has emphasized the need for increased nickel production, highlighting its importance for Tesla and the EV sector. Companies like Talon Metals have been working on opening a new nickel mine in Minnesota, aiming to address the challenges of limited nickel supply in the U.S. CNBC visited a remote area in Sulawesi, Indonesia to understand the impact of nickel mining on locals’ lives, and to find out why China and Indonesia together have disrupted the entire nickel industry.</p>
<p>Chapters:<br />
03:46 Title card: How China took over Indonesia’s nickel industry to fuel EV growth<br />
03:54 Chapter &#8230;</p>


How China Took Over Indonesia’s Nickel Industry To Fuel Its EVs

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<p>Market activity is primarily concentrated in the t-bills space this week as investors favour short-term maturities amid the hawkish interest rate environment. For the bond side, mild buy interest is seen at the short end of the curve especially the 2033 and 2034 maturities. Kenneth Onuoha, Team Member, Assets and Liabilities at UBA joins CNBC Africa for more market movements.</p>


UBA: Investors favour short-term T-bills

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<p>Investors are digesting first half year earnings as more numbers trickle in this week. The latest is Dangote Cement recording a Profit after tax uptick of 6.3 per cent year-on-year at 189.9 billion naira in the first half of this year. Patrick Ejumedia, Head of Research at Sterling Asset Management and Trustees joins CNBC Africa to discuss catalysts needed to lift Nigeria’s equities market.</p>


Will H1’24 earnings lift Nigeria’s equities?

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<p>In about 4 weeks, Nigeria&#8217;s Finance Ministry plans to issue $500 nillion-dollars in domestic foreign currency denominated bonds. Meanwhile, traders at Access bank say the market is witnessing improved offers across the bond curve particularly on the mid to long dated maturities with emphasis on the MAY 2033 and JUNE 2053 papers. Senator Audu, Treasury Team Member at Access bank joins me now for more market movements.</p>


Nigeria to issue $500mn domestic FX-denominated bonds in coming weeks

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<p>Rwanda&#8217;s strategic position, robust policies, infrastructure, and visionary initiatives demonstrate the nation&#8217;s role as a gateway for global businesses, driving international investment and growth across the continent, in this episode of Invest Rwanda.</p>


Invest Rwanda: Gateway to Africa

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<p>The industry of glitz and glam: Explore Rwanda&#8217;s vibrant creative economy, featuring dynamic industries like music, film, events, and digital content production. Meet the innovative minds shaping Rwanda&#8217;s cultural landscape and driving economic growth. From ground-breaking music to captivating films and unforgettable events, discover how Rwandan creatives are making their mark globally.</p>


Game Changers: Exploring Rwanda’s vibrant creative economy

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<p>While the Olympics is one of the biggest sporting events in the world, it comes with a hefty price tag for the cities hosting the games. Since 1960, every Olympics has overspent its budget by building new venues, Olympic villages, and public infrastructure. For the 2024 Paris Summer Olympics, it aims to become one of the cheapest modern Olympics. The total budget for the 2024 Olympics is an estimated $9.7 billion, with 95 percent of the venues needed already built.</p>
<p>Chapters:<br />
01:34 Title card &#8211; How Paris pulled off one of the cheapest Olympics<br />
01:37 Chapter 1 &#8211; The Paris Olympics<br />
03:56 Chapter 2 &#8211; Why some failed<br />
6.02 Chapter 3 &#8211; New IOC guidelines<br />
08:00 Chapter 4 &#8211; The future of hosting  </p>
<p>Producer: Daren Geeter<br />
Animation: Jason Reginato, Emily Rabbideau<br />
Senior Managing Producer: Tala Hadavi<br />
Additional footage: Getty Images, International Olympic Committee</p>
<p>» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC<br />
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision</p>
<p>About C&#8230;</p>


How Paris Pulled Off One Of The Cheapest Olympics

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<p>For 50 years, BADEA, the Arab Bank for Economic Development in Africa, has canvassed for Africa-Arab progress and prosperity. Established in 1973 by the Arab League, BADEA has dedicated itself to strengthening economic, financial, and technical cooperation between the Arab and African regions. This CNBC Africa special gathers a panel of experts and explores the topic of &#8216;Supporting Africa’s Private Sector to Own &#038; Drive Africa’s Development and Economic Integration&#8217;.</p>


Videos

Startups are building balloons to hoist tourists 100,000 feet into the stratosphere

Focus On: Fintech brokers in Africa

UBA: T-bills to see mixed sentiments on poor OMO outing

Focus On: She’s Next Programme

Why becoming an Olympic athlete is so expensive

Why The U.S. Has The Oldest Politicians In The World

Samsung bets on the Galaxy Ring and AI as its next big thing

How The Massive Power Draw Of Generative AI Is Overtaxing Our Grid

Afreximbank Annual Meetings & AfriCaribbean Trade and Investment Forum 2024: Highlights Special

How China Took Over Indonesia’s Nickel Industry To Fuel Its EVs

UBA: Investors favour short-term T-bills

Will H1’24 earnings lift Nigeria’s equities?

Nigeria to issue $500mn domestic FX-denominated bonds in coming weeks

Invest Rwanda: Gateway to Africa

Game Changers: Exploring Rwanda’s vibrant creative economy

How Paris Pulled Off One Of The Cheapest Olympics

BADEA: Supporting Africa’s Private Sector to Own & Drive Africa’s Development & Economic Integration

News Tips

Advertise With Us

Videos

Startups are building balloons to hoist tourists 100,000 feet into the stratosphere

Focus On: Fintech brokers in Africa

UBA: T-bills to see mixed sentiments on poor OMO outing

Focus On: She’s Next Programme

Why becoming an Olympic athlete is so expensive

Why The U.S. Has The Oldest Politicians In The World

Samsung bets on the Galaxy Ring and AI as its next big thing

How The Massive Power Draw Of Generative AI Is Overtaxing Our Grid

Afreximbank Annual Meetings & AfriCaribbean Trade and Investment Forum 2024: Highlights Special

How China Took Over Indonesia’s Nickel Industry To Fuel Its EVs

UBA: Investors favour short-term T-bills

Will H1’24 earnings lift Nigeria’s equities?

Nigeria to issue $500mn domestic FX-denominated bonds in coming weeks

Invest Rwanda: Gateway to Africa

Game Changers: Exploring Rwanda’s vibrant creative economy

How Paris Pulled Off One Of The Cheapest Olympics

BADEA: Supporting Africa’s Private Sector to Own & Drive Africa’s Development & Economic Integration

News Tips

Advertise With Us

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