Investment in battery manufacturing is tipped to create thousands of jobs and accelerate industrialization for African economies seeking to capture a slice of the global manufacturing pie. According to the latest report dubbed Manufacturing Africa launched by UK Foreign Secretary, Africa is at the epicenter of driving the future of battery manufacturing. CNBC Africa spoke to Kemi Onabanjo, Country Lead, Manufacturing Africa for more. 

Manufacturing Africa: How Africa can unlock opportunities in battery manufacturing 

Energy security has become a key determinant for business continuity in Africa. With rampant power outages coupled with high energy costs the continent is under tremendous pressure to meet growing energy demand. 

Energy security has become a key determinant for business continuity in Africa. With rampant power outages coupled with high energy costs the continent is under tremendous pressure to meet growing energy demand. CNBC Africa spoke to Norman Moyo, CEO, Grid Africa for more. 

Delivering energy security for Africa

CNBCAfricaLive

E-commerce giant, Jumia, reported a 14 per cent decline in revenue to 36.5 million dollars in the third quarter of 2024, driven by currency depreciation in major markets like Nigeria and Egypt. 

E-commerce giant, Jumia, reported a 14 per cent decline in revenue to 36.5 million dollars in the third quarter of 2024, driven by currency depreciation in major markets like Nigeria and Egypt. Meanwhile, the company witnessed a 6 per cent increase in the number of orders, reflecting continued user interest and engagement. Francis Dufay, the Group CEO of Jumia, joins CNBC Africa for this discussion and more.

Currency pressure drives Jumia’s revenue to $36.5mn in Q3’24

With Africa having 700 million households yet to be connected to the national power grid, the pressure to meet the continent’s energy needs has been rising. 

With Africa having 700 million households yet to be connected to the national power grid, the pressure to meet the continent’s energy needs has been rising. Players in the off-grid energy space are stepping up to bridge the gap as costs gradually climb down. CNBC Africa spoke to Gillian-Alexandre Huart, CEO, Engie Energy Access for more. 

Driving renewable energy adoption in Africa

In Uganda, where over 75 per cent of the population relies on small businesses or informal income, digital financial service providers face the challenge of balancing financial inclusion with profitability. 

In Uganda, where over 75 per cent of the population relies on small businesses or informal income, digital financial service providers face the challenge of balancing financial inclusion with profitability. Mmiiro Francis, Manager of Banking & Financial Services at MicroSave Consulting (MSC), joined CNBC Africa to provide insights into sustainable business models that ensure accessibility for underserved communities without compromising financial viability.

Balancing inclusion & profitability in Uganda’s digital financial services

Food manufacturer, Premier Group has reported an increase of 32.4 per cent in its headline earnings per share, thanks to margin management, cost saving initiatives and operational efficiencies. 

Food manufacturer, Premier Group has reported an increase of 32.4 per cent in its headline earnings per share, thanks to margin management, cost saving initiatives and operational efficiencies. Revenue growth was at a more modest rate of 3.7 per cent  - this despite high interest rates, constrained consumer spending and volatile soft commodity prices. For more insights on the results, CNBC Africa is joined by Premier Group CEO, Kobus Gertenbach.

Premier Group H1 sales up 3.7%

As growth in private equity declined in 2023, Nouss Bih from Sahel Capital joins CNBC Africa to discuss the factors behind this trend and whether it will continue as currencies stabilize and interest rates ease. 

As growth in private equity declined in 2023, Nouss Bih from Sahel Capital joins CNBC Africa to discuss the factors behind this trend and whether it will continue as currencies stabilize and interest rates ease. With Africa's great potential, we'll explore which areas need attention, especially since only five nations receive the majority of private capital access amid on-going risks.

Growth of private equity in Africa

Rahul Dhir, CEO of Tullow Oil, is leading efforts to shape Africa’s dynamic energy sector. With a strong focus on developing local resources, Dhir highlights the crucial role of local content in unlocking community value and driving sector progress. 

Rahul Dhir, CEO of Tullow Oil, is leading efforts to shape Africa’s dynamic energy sector. With a strong focus on developing local resources, Dhir highlights the crucial role of local content in unlocking community value and driving sector progress. CNBC Africa's Fifi Peters spoke with Dhir at Africa Energy Week in Cape Town to explore these key initiatives and more.

Dhir: Tullow Oil focused on developing African resources

East Africa’s education sector is attracting global investors as the skills gap becomes a major area of concern for the regional governments. 

East Africa’s education sector is attracting global investors as the skills gap becomes a major area of concern for the regional governments. CNBC Africa’s Derrick Muhangi had an exclusive interview with Rwanda’s new Education Minister, Joseph Nsengimana for more.

Unlocking investment opportunities in Africa’s education sector

What if there was a plan to conserve your favorite vegetable for the next twenty or fifty years? Well, there's an Africa biodiversity vegetable rescue plan which has put up several measures in place. 

CNBC Africa's Tabitha Muthoni engaged with Gabriel Rugalema, Regional Director for the Southern and Eastern Africa Region at the World Vegetable Center. 

Rescuing Africa's endangered vegetable species for posterity

The future of energy in Africa stems from the need to industrialize the continent as the potential for renewables remains under exploited. 

The future of energy in Africa stems from the need to industrialize the continent as the potential for renewables remains under exploited. As the continent battles the harsh effects of global warming experts believe the continent requires a balanced approach to exploit the continent’s rich energy resources to achieve a just transition. Joseph Mcmonigle, SG, International Energy Forum joins CNBC Africa for more. 

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