According to GSMA Mobile Economy Sub Saharan Africa report 2019, half the population in Sub-Saharan Africa will subscribe to mobile services by 2025. The region still lags behind in 4G adoption. By the end of 2018, 4G accounted for 7 per cent of total connections, compared to the global average of 44 per cent. Jean Francois Le Bihan, Policy Director SSA Government and Regulatory Affairs joins CNBC Africa for more.
With an estimated Gross Domestic Product growth rate of 4.9 per cent in 2019 compared to 5.8 per cent in 2018, the Democratic Republic of the Congo (DRC) is making efforts to diversify and grow its economy. Yves Kabongo, Vice Chairman of Makutano Foundation joins CNBC Africa for more.
CNBC Africa brings you all the highlights from Day 2 of former President Jacob Zuma’s testimony at the Commission of Inquiry into State Capture, during which questions were raised over the unfair questions being asked, his relationship with the Guptas and cabinet reshuffles.
Nigeria's equities market has continued its bearish run for the week with major indices closing in the red. Dare Fajimolu, Chief Research Officer at Blue Vertex joins CNBC Africa to discuss this and Nigeria's food inflation numbers.
Industry experts say the opportunities in Nigeria’s Merchant banking space are largely untapped as the overall banking industry needs to move beyond wealth management. Banjo Adegbohungbe, Executive Director and COO of Coronation Merchant Bank (CMB) joins CNBC Africa for more.
Cordros Securities says Nigeria’s consumer goods sector has remained pressured as consumer spending remains extremely subdued with shoppers are yet to recover from the naira devaluation among other factors. Opeyemi Ani, Equity Research Analyst at Cordros Securities joins CNBC Africa for more.
Canal Plus Group has acquired Nigerian production studio ROK film studios as the group looks to strengthen its content production reach across Africa. Mary Njoku, Director General of ROK Productions SAS joins CNBC Africa for more.
Dominique Migisha, Special advisor in charge of digital to the Presidency of the Democratic Republic of Congo says financial Inclusion is a serious challenge in the country as only 5 million of the 85 million persons are banked. He discussed this and more with CNBC Africa’s Christy Cole on the side-lines of First Bank of Nigeria's joint seminar for financial and telecom regulators in Sub-Saharan Africa.
EOH spoke out on a webcast this morning on its troubled business future. It is a company under stress, under a probe into its public sector contracts and suffering from a plummet in the share price.
Rwanda and Ugandan leaders over the weekend met in the Angolan capital, Luanda as the host country and the Democratic Republic of Congo's leaders tried to mediate between the two East African Community neighbours. President Paul Kagame of Rwanda and President Yoweri Museveni of Uganda met at a Regional Security Summit recently hosted by Angolan President Joao Manuel Lourenco and Democratic Republic of Congo (DRC) leader Felix Tshisekedi. Researcher and analyst, Dr. Frederick Golooba-Mutebi joins CNBC Africa for more.
Old Mutual’s former CEO Peter Moyo’s case was adjourned until Thursday. He tells CNBC Africa’s Fifi Peters why he deserves to be reinstated at the helm of South Africa’s second largest insurer and why he believe he did nothing wrong.
Imagine a world without television? Once it was so. SA was one of the last countries in the world to get television. In this episode of the Founders, CNBC Africa’s Fifi Peters talks to the man that brought South Africans the box and changed the way millions spend their evenings....
Nigeria recently inaugurated the Securities and Exchange Commission board to formulate general policies for the regulation and development of the capital market. Ahmed Rufai Mohammed, President & Chairman of Council, Institute of Directors, Nigeria joined CNBC Africa’s Esther Awoniyi to discuss corporate governance regulation in Nigeria....
Hendrik Jordaan, President and CEO of 1K1V - a globally backed capital fund joins CNBC Africa to talk about their investment in a Lesotho based food producer.
Former South African president Jacob Zuma finally took the stand today at the Zondo Conmission on State Capture in Johannesburg. His opening speech to the commission was the keynote of the day in which he claimed there was a campaign to vilify him and remove him from ANC structures. CNBC Africa's Yolanda Mabanga filed this special report.
The development of cities in Rwanda is very recent, and the urbanization rate currently stands at around 18.4 per cent and almost half of it is concentrated in Kigali. Despite the low urbanization rate, the annual growth rate of the urban population far exceeds the worldwide average of 1.8 per cent. It’s also above Africa’s urban growth rate of 3.2 per cent. Inhee Chung, Country Director for Global Green Growth Institute for Rwanda joins CNBC Africa for more.
Urban populations are growing at a rate much faster than can be absorbed and managed, causing demands on services and infrastructure that massively outstrip supply. In Kenya, a new Ksh12 billion residential housing project that seeks to address the shortage of middle income housing in the country was introduced. Chris Coulson, Chief Executive Officer at Mi Vida Homes joins CNBC Africa for more.
CNBC Africa brings you all the highlights from Day 1 of former President Jacob Zuma’s testimony at the Commission of Inquiry into State Capture, during which he made it clear his comrades were out to get him, discussed spies and Johann Rupert....
First Bank of Nigeria’s (FBN) joint seminar for financial and telecom regulators in Sub-Saharan Africa was an opportunity for stakeholders to explore avenues for collaboration. CNBC Africa's Christy Cole caught up with Musa Itopa Jimoh, Deputy Director for the Payment System Management Department of the Central Bank of Nigeria (CBN) joins CNBC Africa for more.
Nigeria’s headline Inflation declined to 11.22 per cent in the month of June. Usoro Essien, Head of Research at Vetiva joins CNBC Africa for more.