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Kenya's Competition Authority has taken decisive action against Carrefour, imposing a staggering Ksh1.1 billion penalty for buyer power abuse.

Kenya's Competition Authority cracks down on Carrefour

The Gulf region is witnessing unprecedented record travel as the festive season sets in with African travelers among the growing list of emerging markets. CNBC Africa’s Aby Agina spoke to Jerry Inzerillo, Group Chief Executive Officer, Diriyah Gate 

Global tourism marks record come-back as festive season kicks in

According to the World Economic Forum nature-based solutions are worth ten trillion dollars with the potential to unlock over 300 million jobs in the green economy for the globe. 

Investor community casts net wider to tap $10tn nature based innovations

The urge to build smart cities is pushing architects to design future proofed designs that take cognizance of sustainability and at the same time remain architecturally intriguing to wow tourists. 

Future proofing cities  

African business are aggressively accessing scale-up capital to expand and take on new strategic investments. The latest transaction to be brokered in the region was new purchase deal for SMEP Microfinance Bank.

Raisin Capital completes new share purchase deal for SMEP Microfinance Bank

The need to advance timely funding to combat the climate crisis needs to be fast-tracked to reduce the loss and damage communities continue to face in the wake of the harsh weather events. 

Oxfam: Funding to mitigate loss and damage needs immediate action 

Carol Nampurira, Corporate Sales Manager, Energy and Infrastructure, Global Markets, Stanbic Bank joins CNBC Africa for more. 

Stanbic Bank’s 2024 economic outlook for East Africa

Rwanda’s equity market continued to register improved liquidity in the money market, with the 7-day interbank rate closing at 8.3 per cent. 

Rwanda market update 

The payments scene is brewing tones of innovation in a bid to cut down on the high money transfer costs in the continent. 

Cash based economies switching to digital payments in financial inclusion wave 

The United Nations Secretary General, António Guterres has rallied countries to go into overdrive and rise to the challenge and tackle the climate crisis in an orderly and just energy transition. 

Globe at a race against time to tackle climate crisis 

A delegation from Uganda led by the Chairperson of the Presidential advisory Committee on exports and industrial development, Odrek Rwabwogo, is in the US to advocate against Uganda's expulsion from AGOA. 

Ugandan delegation in the us to advocate against expulsion from AGOA

As we delve into the current priorities for the continent, climate finance takes center stage across diverse climate sectors. 

CBEA