Seplat Petroleum Development Company announced that they have reached an agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Eland for about 382 million pounds on a fully diluted basis. To discuss and analyse this acquisition, Janet Ogunkoya, Research Analyst at ARM joins CNBC Africa.
There has been numerous headlines coming out of the country this week. The Presidents of Rwanda and Uganda on Wednesday signed an agreement in Angola to restore relations between the two neighbouring countries. Rwanda Development Board (RDB) released tourism statistics and the Monetary Policy Statement was released by the Central Bank of Rwanda. Journalist of The Newtimes, Collins Mwai joins CNBC Africa for more.
The Presidents of Rwanda and Uganda on Wednesday signed an agreement in Angola to restore relations between the two neighbouring countries. To dive deeper into this matter, Researcher and political Analyst, Gatete Nyiringabo joins CNBC Africa for more.
Augusto and Co say the Nigerian capital market must begin to position itself for cross border listings as they believe Nigeria's signing of the African Continental Free Trade Agreement throws up some significant upsides. Head of Research at Augusto and Co, Jimi Ogbobine joins CNBC Africa for more.
Nigeria and Benin signed the agreement establishing the African Continental Free Trade Area (AfCFTA) on Sunday as African leaders launched the operational phase of the free-trade area which is expected to create a $3.4 trillion economic bloc for the continent. Albert Muchanga, Commissioner for Trade and Industry at the African Union joins CNBC Africa for more.
With Africa pushing towards full integration, experts are advising that caution is taken in order to avoid mistakes that could hurt the gains made so far. The African Continental Free Trade Area agreement signed in March 2018 in Rwanda if fully implemented will see Africa become the world’s largest free trade area. Wanyama Masinde, Professor of regional integration and Executive Director at the Centre for Regional Integration speaks on the key factors to be considered as Africa integrates.
When they meet in Kuwait Sunday, a handful of OPEC and other oil producers are expected to put a happy face on their production agreement, and they should point to the potential...