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Data from the Central Bank of Nigeria shows the country’s debt servicing payments rose 69 per cent year-on-year to 6.04 trillion naira in the first half of this year. 

CBN: Nigeria’s debt servicing payments up 69% y/y to ₦6.04trn in H1’24

Eskom launched of the National Transmission Company South Africa, a measure to reinforce its commitment to a secure, reliable, and sustainable energy supply. 

S.Africa's Eskom launches National Transmission Company

As the Middle East marks a year since the deadly October 7th attacks by Hamas, Israel is locked in a multi-front war with no clear end. 

Hamas' attack on Israel: Markets one-year on 

Africa’s creative industry holds enormous potential with a market size of $20 billion as of 2024. CNBC Africa spoke to Janet Rogan, CEO, Royal African Society on how the continent can draw in investments in the industry.

Unlocking commercial viability of Africa’s film & creative industry

The implementation of the Africa Continental Free Trade Area (AfCFTA) continues to face multiple headwinds from weak policy to delays in countries setting up the requisite infrastructure to better facilitate trade. 

Economic growth & sustainable development key to growing regional trade

Unpacking Africa's future trajectory, Ousmane Badiane, Founder & Executive Chairperson of AKADEMIYA2063, joins CNBC Africa to discuss the 2024 Annual Trends and Outlook Report.

Unpacking the 2024 AKADEMIYA2063 annual trends & outlook report

Cardinal Stone says its revenue outlook for the cement sector is biased to the upside in the second half of this year as improvements in public sector demand and other government-led infrastructure projects increase. 

Government spending to drive cement demand in H2’24’

The Africa Finance Corporation issued a 500-million-dollar Eurobond after about three years of absence from the Eurobond market. 

AFC issues $500mn 144A/REG S Eurobond

The Central Bank of Nigeria has introduced an Electronic Foreign Exchange Matching System for Foreign Exchange transactions. This new system is set to be implemented in December after a 2-week test run in November.

Nigeria introduces electronic foreign exchange matching system

More than 90 per cent of investors voted to approve the restructuring of the 13-billion-dollar bonds by Ghana. 

Ghana seals $13bn debt restructuring with bondholders

Nigeria’s President, Bola Tinubu has sent 4 tax reform bills to parliament to provide a clear and concise legal framework to facilitate ease of tax compliance, reduce tax disputes and optimise revenue. 

Nigeria moves to reform tax system

CNBC Africa’s Fifi Peters spoke to to Paul Eardley-Taylor, Head of Oil & Gas at Standard Bank Southern Africa on his key takeaways from the Angola Oil & Gas Conference. 

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