cbea

Rwanda’s Capital Markets have kicked off the week on a steady trajectory as the market registered heavy liquidity following the recent stance taken by the Central Bank to cut the repo rate by 50 basis points late August. 

Rwandan market update

Global spending in emerging markets for clean energy are on track to hit two trillion US dollars by end of 2024 with investments in power remaining top of the chain for investors. 

Expanding energy access to drive growth of African economies

Ethiopian Investments Holdings are set to put up 10 state-owned companies for listing as the country’s securities exchange gears up to launch officially by end of the year. 

Ten state owned entities set to list on the Ethiopian Securities Exchange

Africa is rising as a key player in the global coffee market, renowned for its unique, high-quality beans. 

Fate of Africa's coffee beans on the global market amidst rising prices

Africa's markets are facing unprecedented challenges amidst global economic uncertainty. 

Global economic uncertainty impacts African markets

Global credit ratings agency S&P Global has downgraded Kenya to B minus from B marking the third such demotion since June this year. This latest downgrade comes after similar actions by Fitch and Moody’s.

Kenya’s credit rating downgrade: Market and economic impact

CNBC Africa is joined by the CEO of the Rwanda Capital Market Authority, Thapelo Tsheole, to explore the CMA's strategies for deepening  capital markets, promoting savings, and driving economic development in Rwanda.

CMA CEO optimistic about market growth 

Mi Vida Homes is seeking approval from the Capital Markets Authority (CMA) to raise KSh 5 billion through a new Development Real Estate Investment Trust (D-REIT).

Mi Vida Homes' Ksh5bn D-Reit initiative

Rwanda's recent repo rate cut from 7 per cent to 6.5 per cent is expected to influence the manufacturing sector, particularly in terms of investment, cost of production, and expansion plans. 

How Rwanda’s rate cut impacts manufacturing sector

The leaders of the East African Community (EAC) have convened at State House in Nairobi, Kenya, for the official announcement of former Kenyan Prime Minister Raila Odinga as the candidate for the chairperson of the African Union Commission (AUC). 

Kenya launches African Union Commission bid

Investment in Africa's renewable energy sector presents both significant opportunities and challenges. 

Investment opportunities in Africa's renewable energy sector

Kenyan banks recorded currency losses of approximately Sh50 billion in H1 2024 due to the appreciation of the Kenyan shilling against the currencies of its regional subsidiaries. 

CBEA