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Is this an opportunity for fintech companies to flourish despite COVID-19

As we continue to adapt our lives around the effects of COVID-19 on humanity, one sector that has been predicted to flourish in these times is the fintech sector, but how will this happen? Founder of the Eversend App mobile wallet, Stone Atwine joins CNBC Africa for more.

Kenya to seek IMF help, pay arrears, speed tax refunds over coronavirus, officials say

Kenya’s government plans to seek help from the International Monetary Fund, pay pending bills to suppliers and quickly process company tax refunds to support the economy in the face of the coronavirus crisis, officials said.

Burundi suspends all flights to prevent spread of COVID-19

In Burundi, the Minister in charge of Public Security suspended all flights in and out of the country to prevent the spread of the coronavirus. He further said borders into the country will remain open and citizens are advised not to travel to countries that already have COVID-19 cases. Analyst, Jean Claude Nkundwa joins CNBC Africa on the measures put forward by the country.

UNECA on COVID-19’s impact on African economies

The United Nations Economic Commission for Africa predicts that coronavirus will cut 1.4 per cent off Africa’s $2.1 trillion GDP due to widespread disruption of business on the continent and across the world. According to estimates, countries on the continent have so far lost an estimated $29 billion to the coronavirus economic disruption, an amount equal to Uganda’s gross domestic product. Dr Mama Keita, Director of UN Economic Commission for Africa in Eastern Africa joins CNBC Africa for more.

This is how COVID-19 is affecting local businesses in Rwanda

As of last weekend the Government of Rwanda deemed all bars closed, and all restaurants and cafe's only open for take away services for an initial period of two weeks. That leaves the country that's officially on lock down with no choice but to cook or order their food to go, and with local security forces peppering the streets ensuring that quarantine rules are followed, food delivery services are becoming more useful than ever. Insert Vuba Vuba, the delivery service that emerged when Jumia officially closed it's Rwanda operations at the end of last year. Albert Munyabugingo, Founder of the service joins CNBC Africa to explain how the lock down has affected his business.

Op-Ed: Tips to Successfully Work from Home amid the COVID-19 pandemic

Following the address made by South African President Cyril Ramaphosa regarding COVID-19 and its impact on the nation, employees and employers are being asked to “self-quarantine” and implement “social distancing”

The rise of the social media “Quarantine Party”

Over the weekend the world saw DJs and musicians serenading and playing music for people in their homes via social media and between the #TogetherAtHome initiative by WHO and Global Citizen to well-known American hip hop DJ, DNice hosting a seven hour set on his Instagram live to over 100,000 people worldwide including influential leaders and celebrities alike such as Jennifer Lopez, P. Diddy, the Obamas, Oprah Winfrey, Quincy Jones, and Facebook/Instagram owner himself, Mark Zuckerberg among others. This model that people are calling, "Club Quarantine" seems to be picking up. Managing Director of KGL FWD, Autumn Marie Faraj co-hosted a similar event herself called #RwandaLive, she joins CNBC Africa for more.

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

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.

Tanzania reacts to COVID-19

Tanzania confirmed that the number of positive COVID-19 cases in the country has risen from 6 to 12. The President assured the public that the Government is working hard to fight the spread of the virus, but what measures have been put in place? And how is the market reacting? Bankable Partner, Ivan Tarimo joins CNBC Africa for more.

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Abdul Samad Rabiu’s BUA Group pledges N1bn to fight COVID-19 in Nigeria

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Tony Elumelu’s United Bank For Africa donates $14mn to COVID-19 relief across Africa, this is how it will be used…

Entrepreneur Tony Elumelu's UBA has joined corporates and business leaders from Africa in donating money to fight the COVID-19 pandemic. Below is...

Motsepe family & associates join Rupert and Oppenheimer families in donating R1bn to deal with COVID-19 pandemic

On Monday South Africa's President, Cyril Ramaphosa revealed that South Africa's richest families the Rupert and Oppenheimer families had each contributed ...

Government’s response to Moody’s downgrade of SA to junk status

Covid-19 and South Africa's downgrade to junk will truly test South African financial markets.