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<p>Kenya&#8217;s cabinet treasurer is set to table the country&#8217;s biggest budget in less than a month&#8217;s time, but questions remain on the validity of some of the budget inputs.</p>


Breaking down the 2021/22 Kenyan budget

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<p>The African Continental Free Trade Area has been hailed as a monumental milestone but for it to operate, the member states need to look at alternative funding sources for many of the joint projects, to shed more light on the importance of alternative capital financing, CNBC Africa spoke with Bart Turtelboom, Chairman of Delphos International for more.</p>


AfCFTA: Development finance institutions to play a key role in driving infrastructure projects

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<p>The ECOWAS Bank for Investment and Development (EBID) plans to raise 240 billion CFA Francs in several phases over the next 12 months, starting with the first tranche of 50 billion CFA Francs which will be raised in the regional financial market today. Joining CNBC Africa for this conversation is the bank’s Director for Treasury and Resource Mobilization Department, Andrew Amankwah and the CEO of Impaxis Securities, Ababacar Diaw.</p>


EBID plans to raise XOF240bn to finance post-COVID-19 recovery

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<p>Nigeria’s Presidential Economic Advisory Council has urged President Muhammadu Buhari to adopt a pricing regime to reflect the cost of petrol and remove subsidy on the commodity. Meanwhile, data from the Central Bank of Nigeria shows that Nigeria&#8217;s trade deficit rose to $2.5 billion as at January this year. As we await a flurry of economic data this month, Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.</p>


Nigeria’s Economic Advisory Council calls for petrol subsidy removal

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<p>The rand is on a winning streak this morning, having broken past the R14 mark against the US dollar. The currency has rallied past a 16 month high, that&#8217;s after Moody&#8217;s decided to skip this morning and joining CNBC Africa for more is Alexander Forbes Chief Economist, Isaah Mhlanga and John Cairns, Currency Economist at Rand Merchant Bank.</p>


Rand dips below R14 against dollar

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<p>The budget estimates for the 2021/22 financial year have been tabled before Kenya&#8217;s National Assembly. What are the key figures to look out for and what will they mean for the Kenyan taxpayer? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

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<p>Consumer experience is the backbone to sustaining a business, expanding market base and reliability. Kenfield Griffith, CEO of Ajua joins CNBC Africa on bridging the customer experience gap for businesses on the continent to drive business growth.</p>


How African businesses can leverage technology to bridge the consumer experience gap

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<p>In what promises to be a ground-breaking initiative, in the battle against climate change, Stellenbosch University has announced the establishment of a new School for Climate Studies. This will be officially launched next month, in support of the transition to a climate-resilient society and a low-carbon economy. Joining CNBC Africa to discuss the case for climate studies is Professor Eugene Cloete, Deputy Vice-Chancellor for Research, Innovation and Postgraduate Studies at Stellenbosch University.</p>


Stellenbosch University to launch new School for Climate Studies

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<p>Earlier this week, global commodities trader IMR &#8211; with a consortium of investors &#8211; announced the R515 million acquisition of PPC’s Lime business in South Africa. The company is the largest supplier of metallurgical-grade lime in Southern Africa. One of the companies in the consortium that bought it is a 100 per cent black youth owned mining-focused investment holding company. Aneesh Misra, Head of Africa at IMR joins CNBC Africa for more.</p>


IMR, Kolobe Nala partner with black youth to acquire PPC Lime

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<p>German global insurance firm Allianz has completed an acquisition of 66 per cent stake in Jubilee Holdings, Kenya’s largest insurance company. The merger will see the two parties expand their insurance businesses across Kenya, Tanzania, Uganda, Burundi and Mauritius. Coenraad Vrolijk, Allianz Africa Regional CEO joins CNBC Africa for more.</p>


Allianz acquires 66% stake in Kenya’s Jubilee Holdings

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<p>Kenyan insurance firm, Lami Technologies has raised $1.8 million in seed one funding as it aims to accelerate the company&#8217;s digital insurance footprint. CNBC Africa spoke to the CEO and Founder, Jihan Abass for more.</p>


Kenya’s Lami Technologies secures $1.8mn seed funding

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<p>A joint report by the Catalyst Fund and Briter Bridges note that Africa&#8217;s fintech space has witnessed fast-growing M&#038;A activity involving global brands but is yet to record a fintech IPO. They further disclosed that a larger proportion of investors invest at the pre-seed stage in sub-Saharan Africa compared to other emerging market regions. Dario Giuliani, Founder of Briter Bridges and Maelis Carraro, the Managing Director of Catalyst Fund join CNBC Africa for more.</p>


Africa’s fintech space sees fast-growing M&A activity: report

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<p>The National Pension Commission approved the increase of the minimum regulatory capital for pension fund managers in Nigeria from one billion naira to five billion naira. Nigeria&#8217;s pensions regulator also approved a 12-month transition period for PFAs to meet the new capital requirements. Niyi Falade, CEO of Crusader Sterling Pensions joins CNBC Africa for more.</p>


Nigerian pension fund managers race to meet new N5bn capital requirement

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<p>Newly listed company, Karooooo Limited has reported an 18 per cent year on year jump in the financial year ended February 2021, and their net income is also up 19 per cent.</p>


Roooo

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

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<p>Pension funds and other institutional investors play a critical role in long term finance, through the mobilisation and allocation of stable, long term savings to support investment. So, what are the challenges and opportunities in the pension sector? Fred Nyakieka, Regional Consultant: Pensions &#038; Investment, Liaison Group joins CNBC Africa for more.</p>


Assessing the challenges and opportunities in East Africa’s pension sector

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<p>A cabinet meeting chaired by President Paul Kagame this week approved a raft of financial laws as the country strives to become an international financial centre. Some among those include the law governing negotiable instruments as well as a new law that governs the creation of foundations. Dr. Adelit Nsdabimana, Senior Advisor at the Kigali International Financial Centre spoke with CNBC Africa for more.</p>


Rwanda’s cabinet approves new financial laws

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<p>Since the launch of the Renewable Energy Independent Power Producer Procurement Programme, 77 renewable energy utilities have become operational. Communities surrounding the energy utilities stand to benefit from these investments. But for many reasons, these benefits have often failed to materialise. The question is: Is community ownership through trusts an effective tool for energy projects to deliver community development? Zoheb Khan, Social Economy Research Manager at Intellidex joins CNBC Africa for more.</p>


Reuters

Breaking down the 2021/22 Kenyan budget

AfCFTA: Development finance institutions to play a key role in driving infrastructure projects

EBID plans to raise XOF240bn to finance post-COVID-19 recovery

Nigeria’s Economic Advisory Council calls for petrol subsidy removal

Rand dips below R14 against dollar

Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

How African businesses can leverage technology to bridge the consumer experience gap

Stellenbosch University to launch new School for Climate Studies

IMR, Kolobe Nala partner with black youth to acquire PPC Lime

Allianz acquires 66% stake in Kenya’s Jubilee Holdings

Kenya’s Lami Technologies secures $1.8mn seed funding

Africa’s fintech space sees fast-growing M&A activity: report

Nigerian pension fund managers race to meet new N5bn capital requirement

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

Assessing the challenges and opportunities in East Africa’s pension sector

Rwanda’s cabinet approves new financial laws

Why renewables-linked community trusts are struggling to make an impact

News Tips

Advertise With Us

Reuters

Breaking down the 2021/22 Kenyan budget

AfCFTA: Development finance institutions to play a key role in driving infrastructure projects

EBID plans to raise XOF240bn to finance post-COVID-19 recovery

Nigeria’s Economic Advisory Council calls for petrol subsidy removal

Rand dips below R14 against dollar

Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

How African businesses can leverage technology to bridge the consumer experience gap

Stellenbosch University to launch new School for Climate Studies

IMR, Kolobe Nala partner with black youth to acquire PPC Lime

Allianz acquires 66% stake in Kenya’s Jubilee Holdings

Kenya’s Lami Technologies secures $1.8mn seed funding

Africa’s fintech space sees fast-growing M&A activity: report

Nigerian pension fund managers race to meet new N5bn capital requirement

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

Assessing the challenges and opportunities in East Africa’s pension sector

Rwanda’s cabinet approves new financial laws

Why renewables-linked community trusts are struggling to make an impact

News Tips

Advertise With Us

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