East Africa

As coronavirus steals jobs, urban Kenyans look to their rural families

“We did not have any money, and we needed to survive,” she said. “When it became apparent that hunger would kill us instead of the virus, we turned to our people back in the village.”

Somalia expects to announce winners of first petroleum auction early 2021

CAPE TOWN (Reuters) - Somalia expects to announce the winners of its first oil and gas licensing round early next year, as...

South Africa’s Shoprite to close another store in Kenya, 115 jobs to go

JOHANNESBURG (Reuters) - South Africa’s Shoprite Holdings will lay off 115 staff and close another Kenyan store, less than a year after...

Kenya private sector expands at strongest level in a year – PMI

NAIROBI (Reuters) - Activity in Kenya’s private sector rose at its fastest pace in a year last month on the back of...

Kenya Airways resumes international flights after virus curbs lifted

The airline was struggling long before the coronavirus outbreak, posting 2019 losses of almost 13 billion shillings ($120 million).

Kenya’s underlying economic numbers point to strong growth -central banker

NAIROBI (Reuters) - Kenya’s central bank governor Patrick Njoroge on Thursday said that underlying economic numbers pointed to strong growth this year.

Kenyan telecoms operator Safaricom picks ex-CEO Joseph as chairman

NAIROBI (Reuters) - Kenya’s biggest telecoms operator Safaricom has chosen its former chief executive, Michael Joseph, as board chairman, it said on...

#Africa50: Why Investing in Digital Infrastructure Post-COVID-19 is Critical to Africa’s Recovery

This special broadcast on the topic: Why Investing in Digital Infrastructure Post-COVID-19 is Critical to Africa’s Economic Recovery” brings together prominent speakers from the four corners of Africa. It also sees the announcement of the Africa50 Innovation Challenge Finalists....

How to boost trade in the COMESA region

Despite preferences offered under the Free trade area that is the Common Market for Eastern and Southern Africa (COMESA), intra-Comesa trade is at a meagre 8 per cent of total trade. The Covid-19 pandemic has worsened the situation, with border closures causing disruptions to regional supply chains and thus slowing down trade. What can be done to improve intra-Comesa trade and attract more investments into the region? Chris Onyango, Director of Trade and Customs at COMESA joins CNBC Africa for more.

This fund aims to help Rwanda’s creative industry recover from COVID-19

In Rwanda, a total of 30 impact oriented and sustainable projects from stakeholders in the Cultural and Creative Industry are set to benefit from a RWF300 million ($315,900) recovery fund launched by the government and various partners. Joining CNBC for more is Rosemary Mbabazi, Minister Youth & Culture Rwanda and Geraldine Umutesi, Deputy Director General, Imbuto Foundation.

Sign up for free newsletters and get more CNBC delivered to your inbox