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<p>Fisheries are important to Tanzania’s economy, providing employment, income and foreign export revenue. The sector is responsible for over 4 million jobs and contributes more than 6 per cent to the country’s Gross Domestic Product. Yet, due in part to harmful fishing practices, the sector’s growth is declining. Geofrey Rucho, Executive Secretary at the Aquaculture Association of Tanzania,  joins CNBC Africa for more.</p>


Tanzania’s fisheries: Can it stay afloat?

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<p>Uganda’s public debt is projected to hit 47.5 per cent of the Gross Domestic Product in the current financial year due to increased borrowing and expenditure to counteract the COVID-19 pandemic, so could the country be headed into a debt crisis? Julius Mukunda, Executive Director at of the Civil Society Budget Advocacy Group joins CNBC Africa for more.</p>


How to address Uganda’s worsening debt crisis

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<p>Rwanda’s GDP increased by 9.4 per cent in 2019 to RWF9105 billion. The bulk of this came from the services sector which contributed 49 per cent. Jean Claude Mwizerwa, Director of Economic Statistics Department at the National Institute of Statistics of Rwanda (NISR) joins CNBC Africa for more.</p>


How services sector grew Rwanda’s GDP by 9.4% in 2019

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Nigeria’s Minister for Mines and Steel Development, Olamilekan Adegbite, says the country’s mining potential can surpass oil and gas. Meanwhile, data from the National Bureau of Statistics shows that Nigeria’s Mining and Quarrying sector contributed 8.85 to the 2019 GDP lower than the 10.68 per cent recorded in 2018. Joining CNBC Africa to make the investment case for Nigeria’s Mining sector is Cyril Azobu, Partner and Head of Consulting and Mining Leader at PwC.</p>


The investment case for Nigeria’s mining sector

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<p>The construction industry contributed to more than 30 per cent to Rwanda&#8217;s GDP in the quarters two and three of last year which was largely attributed to the country&#8217;s ambitious infrastructure growth. Minister of Infrastructure, Claver Gatete joins CNBC Africa for more.</p>


Minister Claver Gatete outlines Rwanda’s infrastructure targets

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<p>In a recent report the International Monetary Fund (IMF) warned Kenya of a potential implosion in the country&#8217;s pension sector as the gap between retirement dues and savings widens. In 2009 the country rose the retirement age for civil servants from 55 to 60, temporarily staving off the fall out but now with tax collection at 15.6 of Gross Domestic Product (GDP) and pension obligations at 30 per cent, action may have to be taken. Journalist, Joseph Bonyo joins CNBC Africa for more.</p>


How Kenya plans to reform unsustainable pension schemes

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<p>Last year saw Small and medium-sized enterprises (SMEs) contributing over 30 to the Gross domestic product (GDP) of Kenya, with 83.6 per cent of the country&#8217;s total employment created attributed to them, but they did face some challenges. SME Consultant, Victor Otieno joins CNBC Africa to discuss solutions that will enable this sector of entrepreneurs contribute even more in 2020.</p>


Here’s how Kenyan SMEs can raise their GDP contribution in 2020

How Kenyan SMEs can contribute more to the country’s GDP in 2020

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<p>According to World Bank, South Sudan&#8217;s economy recovered with a growth rate estimated at 3.2 during the financial year 2018/2019 from a contraction of 3.5 per cent during the 2017/2018 financial year. These developments reflect activity in the oil sector which rebounded strongly. Also, the country&#8217;s total public debt during the fiscal year 2018/2019 was estimated at 34.2 of Gross Domestic Product (GDP) of which external debt is 30.2 per cent. Parek Maduot, Director of Economic Development &#038;Regional Integration at ICGLR joins CNBC Africa for more.</p>


South Sudan’s rebounding oil sector the catalyst behind growing economy

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<p>The long term effect of HIV both on a macro and micro economic level has been noted to have an effect on the Gross domestic product (GDP) of countries with high prevalence rates – in fact having a negative effect of between 0.5 and 1.7 per cent on their per capita GDPs. CNBC Africa&#8217;s Arnold Kwizera spoke to Board Chair of Global Fund, Donald Kaberuka for more.</p>


Global Fund Chair Kaberuka assesses the impact of HIV on African economies

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<p>Nigeria’s Senate has passed the record N10.59 trillion 2020 budget. The budget passed by Nigeria&#8217;s parliament assumes a deficit of 1.52 per cent of the estimated Gross domestic product (GDP) – representing about N2.18 trillion to be financed through foreign and domestic borrowing. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to unpack the budget.</p>


Nigeria’s Senate passes record N10.59tn 2020 budget

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<p>The macroenomics impact of HIV/AIDS in Africa has seen a 1.4 per cent net effect on the Gross domestic product (GDP) of Sub Saharan countries with small households the most affected. CNBC Africa&#8217;s Arnold Kwizera sat down with SRH/HIV Advisor at United Nations Population Fund (UNFPA) regional office, Innocent Meodisaotsile for more.</p>


The impact of HIV and AIDS on African economies

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<p>At the ongoing Kigali Audio Visual Forum, the government of Rwanda said they are in the process of establishing the Rwanda Film Office project to attract film production activities and development of audio-visual start-ups in the country. CNBC Africa’s Zwena Bachoo caught up with actor, Jimmy Jean Louis to understand the impact the creative industry could have on the Gross domestic product.</p>


Audio Visual Forum: Actor Jimmy Jean Louis shares his acting experiences

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<p>A new McKinsey Global Institute report on &#8216;The power of parity: Advancing women’s equality in Africa&#8217; finds that accelerating progress towards parity could boost African economies by the equivalent of 10 per cent of their collective GDP by 2025. It also states that if Africa continues on the current pace – where there is progress in some countries and stagnation in others – it will take 142 years to achieve a fair proportion of men and women in different fields. Lohini Moodley, Partner at McKinsey &#038; Company joins CNBC Africa for more.</p>


McKinsey report: Africa could take 140 years to achieve gender parity

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<p>The Central Bank of Nigeria (CBN) says gross credit to the manufacturing sector was N459.69 billion between the end of May and end of October this year. The inflow credited to the Apex Bank’s recent policy on loan-to-deposit ratio. Meanwhile, the Real GDP growth in Nigeria’s manufacturing sector was 1.1 per cent year on year in the third quarter of the year. President of Manufacturers Association of Nigeria (MAN), Mansur Ahmed joins CNBC Africa to discuss this story.</p>


Nigeria’s manufacturing sector receives N459.69bn boost

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<p>Nigeria’s equities market closed positive for the fourth straight session this week, this comes as the National Bureau of Statistics (NBS) says Nigeria&#8217;s Gross domestic product (GDP) grew by 2.28 per cent in the third quarter. Portfolio Manager at Cordros Asset Management, Christian Ezeagu joins CNBC Africa to unpack the GDP report and activities at the equities market.</p>


Nigerian equities continue positive momentum as Q3 GDP hits 2.8%

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<p>Kenya&#8217;s National Treasury has asked lawmakers to approve an increase in spending, despite earlier plans for significant budget cuts. Now the Treasury has raised its budget-deficit forecast for the year until June to 6.3 per cent of Gross domestic product (GDP) making it the third revision of the gap. For more on the country&#8217;s new supplementary budget, Journalist, Joseph Bonyo joins CNBC Africa.</p>


Key takeaways from acting finmin Ukur Yatani’s supplementary budget

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<p>Tanzania’s GDP growth has grown by 7.2 per cent year on year in Q2 up from 6.1 in the same period last year. It’s reported that growth in construction, mining and comms sectors are to thank. Analyst and Bankable Partner, Ivan Tarimo joins CNBC Africa for more.</p>


Gross Domestic Product

Tanzania’s fisheries: Can it stay afloat?

How to address Uganda’s worsening debt crisis

How services sector grew Rwanda’s GDP by 9.4% in 2019

The investment case for Nigeria’s mining sector

Minister Claver Gatete outlines Rwanda’s infrastructure targets

How Kenya plans to reform unsustainable pension schemes

How Kenyan SMEs can contribute more to the country’s GDP in 2020

South Sudan’s rebounding oil sector the catalyst behind growing economy

Global Fund Chair Kaberuka assesses the impact of HIV on African economies

Nigeria’s Senate passes record N10.59tn 2020 budget

The impact of HIV and AIDS on African economies

Audio Visual Forum: Actor Jimmy Jean Louis shares his acting experiences

McKinsey report: Africa could take 140 years to achieve gender parity

Nigeria’s manufacturing sector receives N459.69bn boost

Nigerian equities continue positive momentum as Q3 GDP hits 2.8%

Key takeaways from acting finmin Ukur Yatani’s supplementary budget

Construction, mining & comms credited as catalyst for Tanzania’s Q2 growth

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Gross Domestic Product

Tanzania’s fisheries: Can it stay afloat?

How to address Uganda’s worsening debt crisis

How services sector grew Rwanda’s GDP by 9.4% in 2019

The investment case for Nigeria’s mining sector

Minister Claver Gatete outlines Rwanda’s infrastructure targets

How Kenya plans to reform unsustainable pension schemes

How Kenyan SMEs can contribute more to the country’s GDP in 2020

South Sudan’s rebounding oil sector the catalyst behind growing economy

Global Fund Chair Kaberuka assesses the impact of HIV on African economies

Nigeria’s Senate passes record N10.59tn 2020 budget

The impact of HIV and AIDS on African economies

Audio Visual Forum: Actor Jimmy Jean Louis shares his acting experiences

McKinsey report: Africa could take 140 years to achieve gender parity

Nigeria’s manufacturing sector receives N459.69bn boost

Nigerian equities continue positive momentum as Q3 GDP hits 2.8%

Key takeaways from acting finmin Ukur Yatani’s supplementary budget

Construction, mining & comms credited as catalyst for Tanzania’s Q2 growth

News Tips

Advertise With Us

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