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....
Africa Investment Forum: Africa50 CEO Ebobissé on PPPs achieving transformational progress in Africa
As the second Africa Investment Forum neared the end of the first day, CNBC Africa’s Kenneth Igbomor spoke to Africa50 CEO Alain Ebobissé about the progress made since last year’s inaugural event. Among other issues, they also discussed a specific transformational intergovernmental agreement that was signed between the Democratic Republic of Congo (DRC) and Congo Brazzaville today. Africa50 provided the legal framework for a bridge project that will link the two capital cities to be developed under a Public-Private Partnership framework.
Africa Investment Forum: A robust pipeline of deals valued at billions of US dollars will be on the table
Already, a robust pipeline of deals valued at billions of US dollars, in energy, cross-border infrastructure, agriculture will be tabled.
“The Africa Investment Forum, with its high-level, well-focused audience, ranks among the best. Its strength is that it is very transaction-oriented, argues Alain Ebobissé, CEO of Africa50.
When it comes to infrastructure financing, Africa is still doing catch up with the rest of the world but according to thought leaders at the Africa 50 summit, the issue is not finance but rather bankable projects. CNBC Africa's Arnold Kwizera caught up with CEO of Africa 50 Alain Ebobissé for more.
Recently Kenya's President Uhuru Kenyatta announced that in a bid to fight among other things corruption, money laundering and counterfeit currency, the country's 1,000 shillings note would be discontinued by October 1st. CNBC Africa's Arnold Kwizera caught up with Henry Rotich, Kenya's Cabinet Secretary for the National Treasury at the Africa 50 GSM for more.
Last year, China pledged $60 billion in loans to Africa with the amount raising eye brows in some countries that felt they were falling into a debt trap, a fact that has been refuted by leaders on the continent, CNBC Africa's Arnold Kwizera caught up with Africa Development Bank (ADB) President Akinwumi Adesina for more.
Creating a synergy between local and international companies would serve Africa best according to Kenya's cabinet secretary for the National Treasury. CNBC Africa's Arnold Kwizera caught up with cabinet secretary Henry Rotich at the Africa 50 GSM for more.
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