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<p>Agriculture has an immense impact on the sub-Saharan population, and so any investment into this sector is very much welcome. The Milken Institute and the Motsepe Foundation have identified a need for funding, investment into mentorship and innovation in agriculture. They are offering a prize in Agritech of $2 million in a global competition for innovative solutions to increase economic value to farmers. Dr Precious Moloi- Motsepe, CEO of the Motsepe Foundation joins CNBC Africa for more.</p>


Motsepe Foundation

Motsepe Foundation, Milken Institute unveils competition to help improve Africa’s agriculture value chain

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<p>In Q1 2021, the Nairobi Securities Exchange recorded a 20.88 per cent increase in market capitalization to $22.5 billion registered from $18.6 Billion in Q1. 2020, this is according to Capital Markets Authority.  Moreover, the Central Bank of Kenya has invited bids for re-opened 15-year treasury bonds and new 25- year treasury bonds, all worth a total of $278 million to raise funds to support budgetary spending. Justin Mwangi, Investment Analyst at Cytonn joins CNBC Africa for more.</p>


How the NSE performed in first quarter of 2021

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<p>Eastern African countries cut about $68.3 billion spending on infrastructure projects last year, the largest decline in the number of projects and value of projects in sub-Saharan Africa in a year, according to Deloitte. Economic Analyst, Ted Kaberuka joins CNBC Africa for more.</p>


How COVID-19 has impacted infrastructure investment across East Africa

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<p>South Africa’s Competition Commission has published its final report of the Covid-19 impact assessment study. The report has found that the Commission’s work had a significant positive impact in the country during the pandemic, especially during Alert level 4 and 5 of the lockdown. Joining CNBC Africa to discuss the findings is Khalirendwe Ranenyeni, Principal Economist at the South African Competition Commission.</p>


What impact did the Competition Commission’s work have during the COVID-19 pandemic?

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<p>Rwanda revised its Intellectual Property policy in 2018, to turn away from the archaic laws that prevented stimulation in industrial research and rewards to creative activity, in a bid to match international standards. However, the question remains whether IP rights come at the expense of higher prices and reduced availability of products. Arthur Rugango, Partner at Cedar Ark Law joins CNBC Africa for more.</p>


Cedar Ark Law on how Rwandans can protect their IP rights

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<p>Malaria is the leading deadly disease on the continent, killing more than 400,000 people a year. A potential malaria vaccine has proven to be about 77 per cent effective in early clinical trials, suggesting it could be a possible breakthrough in the fight against the disease. Professor Halidou Tinto, Principal Investigator of the vaccine trial spoke with CNBC Africa for more.</p>


New malaria vaccine shows great promise in early clinical trials

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<p>Oil producer club, OPEC and its allies are scheduled to hold a technical meeting on Wednesday, where members will either confirm or tweak output plans, following the group&#8217;s decision to gradually ease production cuts earlier in April. Meanwhile, oil prices are down by almost a dollar, on fears that rising COVID-19 cases in India will put a dent on oil demand recovery. Uchenna Minnis, Managing Director of Howard Minnis Asset Management joins CNBC Africa for more.</p>


OPEC & allies to meet on output direction

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<p>The Nigerian government has rejected the World Bank’s report on the state of Nigeria’s power sector arguing that it is unclear what empirical evidence the global lender deployed to arrive at their figures. In the report, the World Bank noted that 78 per cent of consumers in Nigeria received less than 12 hours of electricity supply daily and stressed that businesses lose $29 billion annually over unreliable power supply. George Etomi, Director of Eko Electricity Distribution Company joins CNBC Africa for more.</p>


Nigeria rejects World Bank report on its power sector

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<p>The U.S Federal Reserve will hold a two-day meeting this week. Some analysts say while they do not expect major policy changes, they will be paying close attention to comments by U.S Fed Chairman, Jerome Powell especially on tapering bond purchases. Fitch ratings earlier warned that some of the world&#8217;s poorest countries were exposed to the risk of another taper tantrum as higher bond yields in the U.S could lead to a higher cost of Emerging Market borrowing. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa for more.</p>


US Fed tapering fears: What it means for emerging markets

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<p>This morning the South African health minister Zweli Mkhize announced that it will be resuming its Johnson and Johnson vaccine rollout this week, through the department&#8217;s Sisonke Programme. This after the country halted the use of the vaccine due to concerns of blood clots after 6 cases in the US. The department says recent research shows that the cases of clotting are 1 in a million and that women between 18 and 48 are at particular risk. Koleka Mlisana, Co-chair of Covid-19 Ministerial Advisory Committee joins CNBC Africa for more.</p>


SA’s J&J vaccine roll-out programme resumes

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<p>Last week former Absa CEO left the bank in a surprise exit after just 15 months at the helm. He cited the non-alignment on matters of strategy and culture transformation and the bank has since appointed Director, Jason Quinn as interim CEO. But Despite this there are still some questions about Mminele&#8217;s abrupt exit and the Association of Black Securities and Investment Professionals also has questions about this. The Association’s Treasurer General, Khaya Sithole joins CNBC Africa for more.</p>


What Mminele’s abrupt departure means for black professionals in SA’s financial sector

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<p>Bamburi Cement more than tripled its net profit in the year ended December 2020, recording the biggest earnings jump among Nairobi Securities Exchange listed firms. The company’s Group Managing Director, Seddiq Hassani joins CNBC Africa for more.</p>


Cost cutting pays dividends for Bamburi Cement

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<p>Deloitte says the quick service restaurant segment in Nigeria was one of the sectors that was most hit by the COVID-19 induced restrictions. Pat McMichael, CEO of Eat’N’Go says part of their coping strategy was to partner with online retail and third-party delivery companies to reach their customers. So, what has the journey to recovery been like for this industry?</p>


Tracking the journey to recovery for Nigeria’s quick-service restaurants

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<p>Swiss-based Sommet Education has acquired a majority stake in South Africa’s Invictus Education. Sommet Education is a global leader in higher education, in hospitality and culinary arts schools. The higher education providers aim to accelerate their development plan in Africa. Joining CNBC Africa to talk about the value of the deal is Benoît-Etienne Domenget, CEO at Sommet Education.</p>


Sommet Education acquires majority stake in SA’s Invictus Education

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<p>BK Group PLC recorded an after-tax profit of about $38.9 million in 2020 in which was a 3 per cent growth compared to the previous year. Dr. Diana Karusisi, CEO of BK joins CNBC Africa for more.</p>


Unpacking BK Group full-year results with CEO Diana Karusisi

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<p>In May this year, Global Citizen are planning a global concert to call on world leaders to commit to equitable distribution of Covid-19 vaccines. The Vax Live initiative wants governments, companies and philanthropists to pledge to raise the remaining $21.1 billion needed to get two billion vaccine doses as well as tests and treatments, to countries that need them by the end of 2021. Maimuna Maibe, Global Citizen&#8217;s Country Director for Nigeria joins CNBC Africa for more.</p>


Global Citizen’s Vax Live initiative aims to drive equitable vaccine distribution

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<p>Data from the Ghana Statistical Service shows the economy grew by 3.3 per cent in the fourth quarter of 2020, reversing the contraction recorded in the second and third quarters, as the economy officially exits a recession. John Gatsi, Dean of the School of Business at the University of Cape Coast in Ghana joins CNBC Africa for more.</p>


Reuters

Motsepe Foundation, Milken Institute unveils competition to help improve Africa’s agriculture value chain

How the NSE performed in first quarter of 2021

How COVID-19 has impacted infrastructure investment across East Africa

What impact did the Competition Commission’s work have during the COVID-19 pandemic?

Cedar Ark Law on how Rwandans can protect their IP rights

New malaria vaccine shows great promise in early clinical trials

OPEC & allies to meet on output direction

Nigeria rejects World Bank report on its power sector

US Fed tapering fears: What it means for emerging markets

SA’s J&J vaccine roll-out programme resumes

What Mminele’s abrupt departure means for black professionals in SA’s financial sector

Cost cutting pays dividends for Bamburi Cement

Tracking the journey to recovery for Nigeria’s quick-service restaurants

Sommet Education acquires majority stake in SA’s Invictus Education

Unpacking BK Group full-year results with CEO Diana Karusisi

Global Citizen’s Vax Live initiative aims to drive equitable vaccine distribution

20Ghana exits recession with 3.3% fourth quarter growth

News Tips

Advertise With Us

Reuters

Motsepe Foundation, Milken Institute unveils competition to help improve Africa’s agriculture value chain

How the NSE performed in first quarter of 2021

How COVID-19 has impacted infrastructure investment across East Africa

What impact did the Competition Commission’s work have during the COVID-19 pandemic?

Cedar Ark Law on how Rwandans can protect their IP rights

New malaria vaccine shows great promise in early clinical trials

OPEC & allies to meet on output direction

Nigeria rejects World Bank report on its power sector

US Fed tapering fears: What it means for emerging markets

SA’s J&J vaccine roll-out programme resumes

What Mminele’s abrupt departure means for black professionals in SA’s financial sector

Cost cutting pays dividends for Bamburi Cement

Tracking the journey to recovery for Nigeria’s quick-service restaurants

Sommet Education acquires majority stake in SA’s Invictus Education

Unpacking BK Group full-year results with CEO Diana Karusisi

Global Citizen’s Vax Live initiative aims to drive equitable vaccine distribution

20Ghana exits recession with 3.3% fourth quarter growth

News Tips

Advertise With Us

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