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In a chat with CNBC Africa, Awani stressed that sub-sovereigns face challenges such as fiscal, and administration shortfall and a perceived lack of creditworthiness.

Afreximbank looks to sub-sovereign governments to deepen integration 

After a successful listing by introduction on the Nigerian Exchange, Group Managing Director of Haldane McCall, Edward Akinlade, says the 3.12 billion shares listed on the Nigerian Exchange opens the real estate and hospitality company to expansion.

Haldane McCall listing: Plan is to offer affordable housing - Group MD

With Nigeria’s plans to borrow about $2.2 billion in support of the 2024 budget, experts are raising concerns regarding sustainability amid revenue generation challenges. 

How should Nigeria address debt sustainability concerns?

All eyes will be on Governor Lesetja Kganyago ahead of the Monetary Policy Committee meeting. The consensus forecast is that the Reserve Bank’s monetary policy committee will cut the repo rate by 25 basis points to 7.75 per cent.  

SARB seen cutting rates by 25bps 

Investments into Africa from the World Bank's Private investment arm totalled $14.2 billion last fiscal year, its largest ever commitment to the continent and up 23 per cent from the previous fiscal year. 

Unlocking Africa's potential: South Africa investment focus

CNBC Africa is joined by Babalwa Ngonyama, Global CEO, Sinayo Group for this discussion. 

Unlocking intra-Africa trade bottlenecks

Hotel group Southern Sun reported a 31 per cent rise in adjusted headline earnings with occupancy at 58.9 per cent. The group said the results reflected the effects of the decisions taken amid and during its recovery from the pandemic. 

Southern Sun half-year HEPS up 35%

Stanbic Bank Kenya has reported an impressive 53 per cent increase in net interest income for Q3 2024, rising to Ksh28.98 billion, driven by robust lending and investment performance. 

Stanbic Bank Kenya reports 53% growth in net interest income in Q3’24

Siphamandla Mkhwanazi, Senior Economist, FNB joins CNBC Africa to unpack the numbers. 

FNB: Steady lift in inflation projected for 2025

Global asset manager Ninety One is set to acquire all the issued shares in Sanlam Investment Management, while Sanlam will, in turn, will receive a 12.3 per cent stake in Ninety One.

Ninety One and Sanlam pair up 

Kenya’s leading bank by asset size KCB Group has registered a 49 per cent growth in earnings registering Ksh45.8 billion in it’s profit after tax for 2024 quarter three.

KCB Group half-year earnings up 49% 

Kenya’s President William Ruto has affirmed that the country civil servants will chart a new path to deepen economic diplomacy in the wake of global realignments. 

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