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<p>Blockchain is revolutionising the speed and efficiency of transactions. While the application of the technology is still in the proof-of-concept stage, it could play a positive role in a diverse range of industries and sectors including banking, for more on how best it could change banking as we know it, CNBC Africa is joined by Micheal Awori, Chief Operating officer for the Trade and Development Bank for more.</p>


TDB’s Awori on how blockchain technology is transforming the banking industry

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<p>The potential for sports on the continent to turn into the next foreign direct investments pull has been highlighted by the success of the basketball Africa league but what will it take for more sports investment on the continent? CNBC Africa caught up with the Co-owner of the Milwaukee Bucks NBA team and Aston Villa English Premier League Club, Wes Edens for more.</p>


Unlocking Africa’s Dynamic Possibilities through the AfCFTA

Wes Edens on the investment case for basketball in Africa

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<p>In recently published data, Google says the search for survival funds for Micro, Small, and Medium Enterprises in Nigeria rose over five thousand per cent in the past 12 months as businesses explore ways to support their post-pandemic recovery. Olumide Balogun, Head of Consumer Apps for Sub-Saharan Africa at Google joins CNBC Africa for more.</p>


Google: Search for MSME survival funds jumps 5000% in Nigeria

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<p>The clamour to restructure Nigeria grows as the first series of public hearings organised by the Nigerian Senate Committee on the Review of the 1999 Constitution took place in 12 centres across the country last week. Nigeria’s House of Representatives has also fixed the first to third of June for the Zonal public hearings on the review. Joining CNBC Africa to weigh the debates on Nigeria’s search for an improved constitution is Evans Ufeli, Constitutional Lawyer and Rights Advocate.</p>


Constitutional review: Clamour to restructure Nigeria grows

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<p>Gunmen have abducted over 150 students from the Salihu Tanko Islamic School in Niger State, north-central Nigeria. The attack comes barely a day after kidnappers freed the remaining 14 students of a group abducted last month from Greenfield University in neighbouring Kaduna State. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.</p>


Gunmen abduct students from Islamic school in Nigeria

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<p>The Kingdom of eSwatini is making moves towards electricity security and a sustainable energy future. eSwatini has added two more Solar PV plants to their energy portfolio as their Lavumisa 10 Mega Watt plant nears completion. Peter Bhembe, eSwatini Minister for Natural Resources and Energy joins CNBC Africa for more.</p>


eSwatini adds two more Solar PV plants to energy portfolio

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<p>This week Zambia&#8217;s headline inflation rose to 23.2 per cent in May, higher than projected. While Tanzania is taking on more debt as the World Bank has announced that it has approved the financing of three projects in Tanzania totalling $875 million. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


Zambia’s headline inflation rose to 23.2% in May

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<p>African power utilities are struggling with huge operational inefficiencies estimated at more than $3 billion annually with most of its electricity providers barely breaking even, limiting their scope for reinvestment. Where do the challenges lie? Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


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Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

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<p>Nation Media Group board of directors recommended that the firm’s shareholders effect the Share Buyback plan by way of open market purchases through on the Nairobi Securities Exchange. NMG share price has been declining for the past 5 years and since the announcement the share price increased by nearly 90 per cent that’s in contrast to the 60 per cent decline on the market cap in 2020. Robert Karuiyi, Investment Research Analyst at Cytonn joins CNBC Africa on more.</p>


MGN28

Kenya’s Nation Media Group gets regulatory approval for share buyback

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<p>Cryptocurrency has revolutionized how we think about money and has disrupted the banking world. Cyptocurrency exchange Weentar has launched a platform where celebrities can to post content and earn money. Joining CNBC Africa to unpack how this works is Eduardo Fonnegra, CEO and Co-Founder at Weentar.</p>


Weentar launches platform to help celebrities

Weentar launches platform to help celebrities, influencers monetize their data

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<p>In its latest Fund Managers Survey, Bank of America says that 80 per cent of South African Fund Managers see the equity market up in 6 months; with a net 73 per cent seeing more buys than sells. In 12 months, equity returns are expected to be 13 per cent. Joining CNBC Africa to unpack the May survey is John Morris, South Africa Investment Strategist at Bank of America.</p>


SA’s fund managers see equity market up in 6 months: BofA Survey

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<p>In February this year, Job Creation Commission said close to 1.7 million jobs were created in the six months prior in Ethiopia. Bernard Laurendeau, Senior Adviser to the Commissioner of the Ethiopian Jobs Creation Commission spoke with CNBC Africa on how they managed to pull it off at a time when the global economy was impacted by the pandemic.</p>


Ethiopia adds 1.7 million jobs in first-half of 2021

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<p>The inaugural Basketball Africa League comes to an end this weekend in Kigali. But the economic effects of the tournament that has drawn some of the big corporates will be felt for a long time, so what is the economic potential of the Basketball Africa League? CNBC Africa spoke to Masai Ujiri, President of the Toronto Raptors for more.</p>


Toronto Raptors President on the economic potential of the Basketball Africa League

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<p>Jobberman has entered into a partnership with the Nigerian Youth Service Corps with the aim of training 120,000 youth corpers. The free soft skills training course will take place across NYSC camps in Nigeria in a bid to bridge the gap between education and employment. Rolake Rosiji, CEO of Jobberman Nigeria joins CNBC Africa for more.</p>


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Jobberman, NYSC partner to train 120,000 youth corpers yearly

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<p>The negative growth trajectory in Nigeria’s trade sector moderated to a contraction of 2.43 per cent in the first quarter of the year from a 3.2 per cent contraction reported in the fourth quarter of 2020. The Lagos Chamber of Commerce and Industry says this moderation reflects the gradual positive impact of the land border reopening on the sector’s performance amid other headwinds. Muda Yusuf, Director General of LCCI joins CNBC Africa for more.</p>


Negative growth in Nigeria’s trade sector moderates to 2.43% in Q1

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<p>The half year results for Nampak are out and the company has reported a 151 per cent jump in headline earnings while revenue remained flat. The group says these results were driven by good growth in the Metals division, largely as result of strong performance in their Nigerian operations. Nampak CEO, Erik Smuts joins CNBC Africa for more.</p>


Nigeria operations lift Nampak’s first-half earnings

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<p>Most businesses are thought to have a ready succession plan but according to FNB that&#8217;s not necessarily the case. Joining CNBC Africa for more is Palesa Mabasa, Commercial Segment Head for Gauteng South West at FNB.</p>


Reuters

TDB’s Awori on how blockchain technology is transforming the banking industry

Wes Edens on the investment case for basketball in Africa

Google: Search for MSME survival funds jumps 5000% in Nigeria

Constitutional review: Clamour to restructure Nigeria grows

Gunmen abduct students from Islamic school in Nigeria

eSwatini adds two more Solar PV plants to energy portfolio

Zambia’s headline inflation rose to 23.2% in May

Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

Kenya’s Nation Media Group gets regulatory approval for share buyback

Weentar launches platform to help celebrities, influencers monetize their data

SA’s fund managers see equity market up in 6 months: BofA Survey

Ethiopia adds 1.7 million jobs in first-half of 2021

Toronto Raptors President on the economic potential of the Basketball Africa League

Jobberman, NYSC partner to train 120,000 youth corpers yearly

Negative growth in Nigeria’s trade sector moderates to 2.43% in Q1

Nigeria operations lift Nampak’s first-half earnings

FNB: Why succession planning is pivotal for small businesses

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Reuters

TDB’s Awori on how blockchain technology is transforming the banking industry

Wes Edens on the investment case for basketball in Africa

Google: Search for MSME survival funds jumps 5000% in Nigeria

Constitutional review: Clamour to restructure Nigeria grows

Gunmen abduct students from Islamic school in Nigeria

eSwatini adds two more Solar PV plants to energy portfolio

Zambia’s headline inflation rose to 23.2% in May

Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

Kenya’s Nation Media Group gets regulatory approval for share buyback

Weentar launches platform to help celebrities, influencers monetize their data

SA’s fund managers see equity market up in 6 months: BofA Survey

Ethiopia adds 1.7 million jobs in first-half of 2021

Toronto Raptors President on the economic potential of the Basketball Africa League

Jobberman, NYSC partner to train 120,000 youth corpers yearly

Negative growth in Nigeria’s trade sector moderates to 2.43% in Q1

Nigeria operations lift Nampak’s first-half earnings

FNB: Why succession planning is pivotal for small businesses

News Tips

Advertise With Us

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