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Despite a down week in Kenyan equities, the Bond Auction saw strong demand, exceeding its KES 20 billion target by 25.67 per cent with the bulk of trading activity skewed towards medium-dated IFB issues. 

Kenyan bond market soars while equities retreat

A conversation with Sultan Al Shamsi, Assistant Minister for Development and International Organizations of the United Arab Emirates, focusing on the current temperament of Emirati investors and the UAE's investment strategy in Africa.

Sultan Al Shamsi on UAE’s investment landscape in Africa

Rwanda has made progress in financial inclusion in 2024, with 96 per cent or 7.8 million Rwandan adults now being financially included, up from 93 per cent in 2020.

Rwanda’s financial inclusion rises to 96% in 2024

For further insights, CNBC Africa's Tabitha Muthoni spoke to Eric Rwigamba, Rwanda's Minister of State for Agriculture & Animal Resources. 

Rwanda's vision 2050 for agriculture: Overcoming limitations & driving productivity 

With Africa boasting of a market size of 1.4 billion people, plans to set up an Africa-Caribbean Import Export bank could tip the scales for regional trade. 

Africa-Caribbean import export bank mooted to bridge trade

Gulf carrier Emirates is planning to increase investments in the cargo business as activity registered a huge bounce-back after Covid-19.

Emirates eyes Africa’s cargo market in new growth strategy

Angolan oil and gas firm Etu Energias have signed a $400 million Afreximbank syndicated facility is expected to double oil production. CNBC Africa spoke to Edson Dos Santos, CEO, Etu Energias for more. 

Etu Energias signs $400mn with Afreximbank to expand oil & gas 

Kenyans have taken to the streets countrywide to protest over several tax hike proposals even as members of parliament continue to debate on the Finance Bill 2024. 

Kenyans take to the streets over draconian taxes

Since mid-2018, the Ethiopian birr has experienced an annual depreciation of more than 20 per cent. 

Devaluation of Ethiopian birr impacts economy

According to the Central Bank of Kenya Weekly Bulletin ending 14th June, the Kenyan shilling strengthened 1.06 per cent against the US dollar to Ksh128.66 from Ksh130.04 the week before. 

Mop-up liquidity in Uganda's money markets as Kenyan shilling firms up 

At the recently concluded Africaribbean Trade and Investment Forum, CNBC Africa's Kenneth Igbomor spoke with Ghana's Minister of State for Finance, Abena Osei-Asare about the country's plans to leverage the diaspora community.  

Leveraging the diaspora for development

The oil and gas industry has a lot of opportunities despite challenges that cripple it. 

CBEA