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<p>The OECD says discontent is rising around the world, and it reflects dysfunctions and injustices that have emerged in social and political systems. They also note that the Covid-19 pandemic has exposed these defects to devastating effect. Alexander Pick, Head of New Development Policies and Institutions at the OECD Development Centre joins CNBC Africa to discuss how protests impact progress.</p>


OECD on how modernization is weakening social cohesion in communities

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<p>Concerns are mounting over the wanton spate of abductions of school children by armed gangs in the Northern part of Nigeria, particularly, in Kaduna State, where, this week, no fewer than 150 students were abducted, making the latest in a series of cases. This signals a high threat to the education of children in the region. According to the United Nations, at least 950 students have been abducted from their schools for ransom by armed men since December last year. UNICEF has raised concerns that these violent activities will increase in West and Central Africa due to the redirection of non-state armed groups who will opt for kidnap-for-ransom in the coming weeks ahead. UNICEF Country Representative for Nigeria, Peter Hawkins joins CNBC Africa for more.</p>


UNICEF raises concerns over child abductions in parts of West & Central Africa

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<p>It is of course the big story of the day. President Jacob Zuma spent his first night behind bars for being in contempt of court. Joining CNBC Africa to talk through the political and economic implications of this is Lord Peter Hain, former Anti- Apartheid activist and Daniel Silke, Political Economy Analyst.</p>


Analysis: Why Zuma’s incarceration is a vote of confidence for SA’s future

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<p>The Abdul Samad Rabiu Africa Initiative and Kwara State Government, have jointly announced the construction of what will be the largest oncology and diagnostic centre in West Africa. Governor Abdulrahman Abdulrazaq of Kwara State says the initiative is aimed at reversing medical tourism in Nigeria.</p>


ASR Africa to construct oncology & diagnostic centre in Kwara State

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<p>Nigeria’s Senate has approved the 2021 supplementary budget, it was raised to 982.7 billion naira. The legislators also approved the Federal government’s 6.18 billion external borrowing contained in the 2021 Appropriation Act. Egie Akpata, Director of UCML Capital joins CNBC Africa for more.</p>


Nigeria’s Senate passes 2021 supplementary budget

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<p>A report by African Private Equity and Venture Capital Association shows that the volume of total reported venture capital deals in Africa rose to 319 in 2020 from the 140 reported in 2019. AVCA disclosed that African entrepreneur start-ups raised a remarkable $1.1 billion in 2020 despite the challenges posed by the COVID-19 pandemic. Let’s make sense of this report, and I am being joined by the Chief Executive Officer of AVCA, Abi Mustapha-Maduakor.</p>


AVCA: African venture capital deal volumes over twice as much in 2020

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<p>Restarting the economy activities during Covid-19 is a daunting yet very real task. Saving lives while balancing livelihoods remains a top priority for any government. We remain at risk of higher inflation and economic slowdown. So what lies ahead?  Wei Li, Global Chief Investment Strategist at BlackRock joins CNBC Africa for more.</p>


BlackRock’s mid-year outlook for global markets

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<p>Many SMEs are still dealing with the blow dealt by the pandemic and Khayelitsha’s Finest Wines is no different. Receiving support from Tractor Outdoor and now bottling its very own premium wine. Lindile Ndzaba, Founder of Khayelitsha’s Finest Wines joins CNBC Africa for more.</p>


This young Khayelitsha entrepreneur is breaking barriers in SA’s wine industry

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<p>The Cyprus Forum aims to be a catalyst to drive outcomes that will improve socially responsible policy. Founder of the Forum Nicolas Kyriakides says for businesses in Africa, lobbying can play a vital role to create a more open and business friendly legal system that is fit for purpose. He is currently in the process of working with Nigeria to set up a steering committee to improve transparency in politics and business. Nicolas Kyriakides, Founder of Zenox Pubic Affairs joins CNBC Africa for more.</p>


Driving reforms in business & politics – Lessons from Cyprus

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<p>Fitch Ratings has revised the outlook on Access Bank PLC’s Long-Term Issuer Default Rating from Negative to Stable and confirmed the rating at ‘B.’ The rating firm also revised the Outlook on Union Bank of Nigeria Plc to Stable from Negative, and affirmed the Long-Term Issuer Default Rating at &#8216;B-&#8216; and Viability Rating at &#8216;b-&#8216;. CNBC Africa spoke to Mahin Dissanayake,  Senior Director<br />
Fitch Ratings for more.</p>


Fitch revises outlook on Union and Access Bank to stable

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<p>The operational phase of the African Continental Free Trade Area was launched on the 7th of July 2019, while trade under the regional pact has been on for over 6 months now. Afex Commodities Exchange says unlocking the gains in regional trade will require African economies to build a digital economy to foster the production of higher quality goods and services at reduced costs. The CEO of the exchange, Ayodeji Balogun also notes that commodity exchanges will play a major role in boosting regional trade going forward. Ayodeji Balogun  joins CNBC Africa for more.</p>


How vital are commodity exchanges to Africa’s regional trade pact?

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<p>Italian oil major, ENI, has announced a significant oil discovery offshore Ghana, which is sited on the Eban exploration prospect CTP block 4. Meanwhile in Nigeria, the Minister of State for Petroleum Resources, Timipre Sylva, says Nigeria will start exporting petrol in 2023. Sam Chidoka, Managing Director of Kairos Capital joins CNBC Africa for more.</p>


ENI makes significant oil and gas discovery offshore Ghana

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<p>South African biotech company, Biodx has become the first SA biotech to gain European Union Biocidal Registration. The company produces disinfectant products with 99.9 per cent efficacy against COVID-19. Registration of biocides is a key legislative mandate both in the European Union and the United States. Burt Rodrigues, CEO of Biodx joins CNBC Africa for more.</p>


SA’s Biodx secures EU biocidal registration

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<p>The tourism and hospitality industries have been among the hardest hit by measures to control the spread of the COVID-19 pandemic. Fighting for survival through yet another Level 4 lockdown, their plight has been worsened by insurance companies stalling on Business Interruption insurance claims. What is the hold up? Dr Roelof Botha, Economic Advisor to Optimum Investment Group joins CNBC Africa for more.</p>


SA insurers batting to cope with COVID-19 business interruption claims

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<p>10 companies on the Nairobi Securities Exchange accounted for almost 95 per cent of the total turnover for the month of June, for more on the NSE performance CNBC Africa with the Founder of Mwango Capital, Erick Mokaya.</p>


NSE June trading review

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<p>Nigeria&#8217;s total debt stock was 33.1 trillion naira as at the first quarter of 2021 and according to the Medium-Term Expenditure Framework, new borrowings totaling about15 trillion naira is expected between 2022 and 2024. The document also has an oil price benchmark of $57 a barrel for the year 2022 and projects an average inflation rate of 13 per cent. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa for more.</p>


MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

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<p>If you are thinking of investing in foreign exchange, then you might want to listen closely. The industry has not been untouched by the pandemic, but brokers Infinox says forex has grown in popularity during this time. Joining  CNBC Africa to talk more on these trends is Dany Mawas, Regional Director at Infinox Capital.</p>


covid-19

OECD on how modernization is weakening social cohesion in communities

UNICEF raises concerns over child abductions in parts of West & Central Africa

Analysis: Why Zuma’s incarceration is a vote of confidence for SA’s future

ASR Africa to construct oncology & diagnostic centre in Kwara State

Nigeria’s Senate passes 2021 supplementary budget

AVCA: African venture capital deal volumes over twice as much in 2020

BlackRock’s mid-year outlook for global markets

This young Khayelitsha entrepreneur is breaking barriers in SA’s wine industry

Driving reforms in business & politics – Lessons from Cyprus

Fitch revises outlook on Union and Access Bank to stable

How vital are commodity exchanges to Africa’s regional trade pact?

ENI makes significant oil and gas discovery offshore Ghana

SA’s Biodx secures EU biocidal registration

SA insurers batting to cope with COVID-19 business interruption claims

NSE June trading review

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

Africa sees massive growth in forex trading during COVID-19

News Tips

Advertise With Us

covid-19

OECD on how modernization is weakening social cohesion in communities

UNICEF raises concerns over child abductions in parts of West & Central Africa

Analysis: Why Zuma’s incarceration is a vote of confidence for SA’s future

ASR Africa to construct oncology & diagnostic centre in Kwara State

Nigeria’s Senate passes 2021 supplementary budget

AVCA: African venture capital deal volumes over twice as much in 2020

BlackRock’s mid-year outlook for global markets

This young Khayelitsha entrepreneur is breaking barriers in SA’s wine industry

Driving reforms in business & politics – Lessons from Cyprus

Fitch revises outlook on Union and Access Bank to stable

How vital are commodity exchanges to Africa’s regional trade pact?

ENI makes significant oil and gas discovery offshore Ghana

SA’s Biodx secures EU biocidal registration

SA insurers batting to cope with COVID-19 business interruption claims

NSE June trading review

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

Africa sees massive growth in forex trading during COVID-19

News Tips

Advertise With Us

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