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<p>The Resurgence Conference Durban, hosted by the eThekwini Municipality and partners from the United States, aims to bring together large business delegations from the United States, Africa, and South Africa to explore and maximise investment opportunities in Durban.</p>


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Focus On: Localising U.S-Africa Trade: Resurgence Conference Durban

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<p>Illia Polosukhin is one of the “Transformer 8,” a group that many call the founding fathers of generative AI. They co-wrote a paper at Google in 2017 that established the core concept that makes generative AI possible: transformers. Polosukhin left Google before the paper was published to co-found Near, an AI startup and blockchain ecosystem with millions of users. CNBC&#8217;s Katie Tarasov sat down with Polosukhin to talk about how the transformer was invented and what he sees as the pitfalls and possibilities of the tech revolution he helped kick off.</p>
<p>Produced by: Katie Tarasov<br />
Shot and Edited by: Lisa Setyon<br />
Supervising Producer: Jeniece Pettitt<br />
Additional Footage: Near, Nvidia</p>
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<p>About CNBC: From &#8216;Wall Street&#8217; to &#8216;Main Street&#8217; to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclu&#8230;</p>


Illia Polosukhin On Inventing The Tech Behind Generative AI At Google

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<p>The naira continues its losing streak this week recording marginal depreciations against the U.S. dollar. Meanwhile, in the fixed income market, average yield in the T-bills secondary market are down marginally due to buy pressure across the curve. Emmanuel Odiaka, CEO at ECOB Capital joins CNBC Africa for the movements and outlook for the fixed income and FX market.</p>


Is the worst of naira volatility over?

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<p>This highlights special showcases the Mastercard Indaba 2024 hosted in Pretoria under the theme of ‘Paradigms. Payments. Possibilities – Collaborating for Progress’. The two-day summit highlighted Africa’s economic potential within the digital payments landscape and brought together partners and stakeholders to discuss solutions for local challenges using global insights.</p>


Focus On: Highlights Special of the Mastercard Indaba 2024

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<p>While Netflix may get most accolades for winning the streaming wars, YouTube has been the most watched streaming platform in the U.S. for the last 15 consecutive months. Its recent dominance is predicated on taking over the living room as a direct competitor to Netflix and every other streaming service. Watch the video above to see how YouTube has transitioned its business to connected TVs on the strength of its popular creators.</p>
<p>Chapters:<br />
0:00 Introduction<br />
2:30 Streaming by the numbers<br />
5:42 The Creator Economy<br />
10:39 A streaming future</p>
<p>Producer: Devan Burris<br />
Editor: Kevin Heinz<br />
Reporter: Alex Sherman<br />
Graphics: Jason Reginato<br />
Supervising Producer: Jeff Morganteen<br />
Additional Footage: Getty, YouTube, Brittany Broski, Michelle Khare, MrBeast, Ms Rachel, Buzzfeed Celeb, Casey Neistat, Drew Gooden, Eddy Burback, Good Mythical Morning, How Ridiculous, Markiplier, Marques Brownlee</p>
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How YouTube Beat Netflix And Disney In The Streaming Wars

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<p>Traders at UBA say the market is calm as focus remains skewed to today’s Primary Market Auction. Meanwhile, money market rates are expected to increase marginally for the rest of the week due to the bonds and T-bills auction settlement. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC Africa for more market updates.</p>


UBA: Investors await outcome of mid-week primary auction

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YouTuber turned entrepreneur on hustle culture

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<p>Investors have their attention fixed on today’s 228-billion naira T-bills auction. For the bond side, traders at Access Bank expect cherry-picking to persist although on a less aggressive note given the bond auction settlement. Oladimeji Obasa, Treasury Team Member at Access Bank joins CNBC Africa for more on mid-week market movements.</p>


Investors look to ₦228bn T-bills auction for direction

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<p>In this episode of Startup Caps, we explore how Africa&#8217;s education sector is undergoing a digital transformation, with edtech startups playing a critical role. From providing affordable access, quality education and personalized learning experiences, these innovators are shaping the future of learning on the continent.</p>


Startup Caps EP9: Transforming Africa’s edtech sector

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<p>Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices could change how they think about innovation. Read the full story here: https://cnb.cx/4c2msBn&#8230;</p>


Cocoa prices are soaring

Cocoa prices are soaring, candy makers will need to get creative

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<p>The number of buy now, pay later loans increased nearly 1,100% between 2019 and 2021, according to data compiled by the Consumer Financial Protection Bureau. The debt that accumulates from these loans is referred to as &quot;phantom debt,&quot; because it&#8217;s unclear just how much is out there and how well consumers are paying them back. Juniper Research estimates these transactions could reach nearly $700 billion by 2028. Watch the video above to learn more about the risk phantom debt poses to the economy.</p>
<p>Chapters:<br />
0:00 Introduction<br />
1:34 How much phantom debt is out there<br />
5:00 Consequences of phantom debt<br />
8:15 Regulating buy now, pay later</p>
<p>Produced by: Charlotte Morabito<br />
Additional Reporting by: Jessica Dickler<br />
Edited by: Nora Rappaport<br />
Animation: Mallory Brangan, Christina Locopo<br />
Supervising Producer: Lindsey Jacobson<br />
Additional Footage: Getty Images</p>
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<p>About CNBC: From &#8230;</p>


How Phantom Debt Is Haunting American Consumers

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<p>The bears continue to hold sway in the Nigerian equities market as profit taking activity continue. Meanwhile, the Securities and Exchange Commission released the framework for the banking sector recapitalization exercise. Ekene Oyeka, a Securities dealer at Norrenberger joins CNBC Africa to review the trading day and activities shaping investor sentiments.</p>


Equities: Bears hold sway

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<p>This week we’re looking into Climate tech, Greentech, or as some call it Cleantech, which is all about developing and deploying technologies that address climate change by reducing greenhouse gas emissions, improving energy efficiency, and fostering sustainability.</p>


Startup Caps EP8: Greentech: Fostering sustainability through energy efficient technologies

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<p>Intermarc Consulting presents the 24th edition of its Digital Day Expo Conference and Exhibition as the platform seeks to redefine the future of payments in Nigeria. CNBC Africa in this special broadcast brings you highlights of the 2-day event in Lagos, Nigeria and what to expect in the silver jubilee anniversary.</p>


Focus On: Intermarc Consulting holds 24th edition of Digital Pay Expo

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<p>Rivers State is showcasing its investment potential and economic opportunities hosting this year’s Economic and Investment Summit tagged Rivers Emerge. CNBC Africa in this special broadcast brings you details of the 2-day event and more.</p>


Focus On: Rivers State Economic & Investment Summit Highlights Special

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<p>Private labels have exploded in popularity as consumers&#8217; perspectives have shifted, and as inflation has skyrockets in recent years.  Sales increased 34% between 2019 and 2023, totaling $236.3 billion. Costco dominates not only in the club channel, but beyond, with its famous private label Kirkland Signature threading more than 300 products. But Sam&#8217;s Club, which consolidated its private labels in 2017, is a serious contender trying to catch up with its brand Member&#8217;s Mark.</p>
<p>Chapters:<br />
0:00 Introduction<br />
1:29 Chapter 1. The rise of private labels<br />
2:57 Chapter 2. Kirkland vs. Member&#8217;s Mark<br />
7:32 Chapter 3. Playing catch-up</p>
<p>Produced and Edited by: Natalie Rice<br />
Camera by: Erik Mauck<br />
Animation: Christina Locopo<br />
Senior Managing Producer: Tala Hadavi<br />
Editorial Support by: Melissa Repko<br />
Additional footage: Getty Images, Sam’s Club, NBC News<br />
Additional sources: Consumer Reports, FactSet</p>
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Kirkland Vs. Member’s Mark: Can Sam’s Club Ever Catch Up To Costco?

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<p>Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases. But, there are times when credit cards have distinct advantages to cash. Find out more: https://cnb.cx/3wFNGyx&#8230;</p>


Videos

Focus On: Localising U.S-Africa Trade: Resurgence Conference Durban

Illia Polosukhin On Inventing The Tech Behind Generative AI At Google

Is the worst of naira volatility over?

Focus On: Highlights Special of the Mastercard Indaba 2024

How YouTube Beat Netflix And Disney In The Streaming Wars

UBA: Investors await outcome of mid-week primary auction

YouTuber turned entrepreneur on hustle culture

Investors look to ₦228bn T-bills auction for direction

Startup Caps EP9: Transforming Africa’s edtech sector

Cocoa prices are soaring, candy makers will need to get creative

How Phantom Debt Is Haunting American Consumers

Equities: Bears hold sway

Startup Caps EP8: Greentech: Fostering sustainability through energy efficient technologies

Focus On: Intermarc Consulting holds 24th edition of Digital Pay Expo

Focus On: Rivers State Economic & Investment Summit Highlights Special

Kirkland Vs. Member’s Mark: Can Sam’s Club Ever Catch Up To Costco?

Here’s how paying with cash might help you save money

News Tips

Advertise With Us

Videos

Focus On: Localising U.S-Africa Trade: Resurgence Conference Durban

Illia Polosukhin On Inventing The Tech Behind Generative AI At Google

Is the worst of naira volatility over?

Focus On: Highlights Special of the Mastercard Indaba 2024

How YouTube Beat Netflix And Disney In The Streaming Wars

UBA: Investors await outcome of mid-week primary auction

YouTuber turned entrepreneur on hustle culture

Investors look to ₦228bn T-bills auction for direction

Startup Caps EP9: Transforming Africa’s edtech sector

Cocoa prices are soaring, candy makers will need to get creative

How Phantom Debt Is Haunting American Consumers

Equities: Bears hold sway

Startup Caps EP8: Greentech: Fostering sustainability through energy efficient technologies

Focus On: Intermarc Consulting holds 24th edition of Digital Pay Expo

Focus On: Rivers State Economic & Investment Summit Highlights Special

Kirkland Vs. Member’s Mark: Can Sam’s Club Ever Catch Up To Costco?

Here’s how paying with cash might help you save money

News Tips

Advertise With Us

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