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<p>I&#038;M Bank has unveiled its Wealth Management and Advisory Business, in a move expected to drive business growth through revenue diversification. I&#038;M Bank Capital CEO, Silas Mutuku joins CNBC Africa for more.</p>


I&M Bank diversifies its business into wealth management

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<p>CNBC Africa spoke with the CEO Rwanda Stock Exchange, Celestin Rwabukumba for more</p>


RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

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<p>Nigeria&#8217;s total debt stock was 33.1 trillion naira as at the first quarter of 2021 and according to the Medium-Term Expenditure Framework, new borrowings totaling about15 trillion naira is expected between 2022 and 2024. The document also has an oil price benchmark of $57 a barrel for the year 2022 and projects an average inflation rate of 13 per cent. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa for more.</p>


MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

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<p>Nigeria is projecting a 4.2 per cent growth in 2022 according to the Minister of Finance, Budget and National Planning, Zainab Ahmed. Meanwhile, holders of refining licences in the Nigeria will be able to purchase domestic crude oil supply in naira as indicated in the recently passed Petroleum Industry Bill. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for more.</p>


Nigeria targets 4.2% growth in 2022

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<p>A report by Stears Data has identified loopholes that are threatening rights to privacy and freedom of expression in Nigeria.</p>


Are Nigeria’s data protection laws adequate?

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<p>Zipline, the drone delivery service has hit the recapitalisation market raising more than $250 million in the process, but what for and why now? Israel Bimpe, Director for Africa at Zipline, Israel Bimpe joins CNBC Africa for more.</p>


Drone delivery service Zipline raises $250mn to fund expansion

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<p>In January 2021, China and other rich countries under the Debt Service Suspension Initiative gave Kenya a six-month debt repayments relief. Now, Kenya is seeking deals to suspend debt service covering the six months to the end of December. Reports coming in reveal that China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi’s bid to extend debt repayment holiday to December. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa  for more.</p>


China halts Kenya loans amid debt reprieve bid

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<p>A new mobile technology is enabling faster responses to health emergencies and protecting and empowering front-line workers by transforming the way they are compensated a simple, but somewhat unexpected solution. This tech was piloted by the polio eradication program in several African countries and is now being used to support the COVID-19 response, CNBC Africa spoke with the Finance Officer of the World Health Organization, Ahmed Hamani for more.</p>


How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

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<p>The Trade and Development Bank has issued a new 7 year unsecured $500 million bond, in its return to the capital markets. CNBC Africa spoke with the Managing Director and CEO of TDB, Admassu Tadese for more.</p>


Trade and Development Bank issues new 7-year $500mn unsecured bond offering

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<p>Online marketplace, Jiji, has reached an agreement to merge with automotive trading platform, Cars45 as it seeks to firm up its online classified car buying and selling service on the continent. The deal which covers operations in Nigeria, Ghana and Kenya will offer a new level of trade for auto buyers and sellers across the three countries. Soumobroto Ganguly, Chief Executive Officer of Cars 45 joins CNBC Africa for more.</p>


Online marketplace Jiji reaches merger agreement with Cars45

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<p>The Nigerian Senate is expected to pass a supplementary 895.84 billion naira to the 2021 appropriation bill today, after the bill scaled a second reading on Monday. Also, the federal government has added South Africa to its red list of countries restricted for arriving passengers as part of efforts to curb the entrance of the delta variant in the country. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for  more.</p>


Nigerian Senate set to pass N895.84bn supplementary budget

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<p>Nigeria’s total debt portfolio rose to 33.1 trillion naira in the first quarter for the year with external debt at 37.67 per cent while domestic debt was at 62.33 per cent. Fitch Ratings says it expects Nigeria’s debt-to-revenue ratio to reach 395 per cent by 2022. Meanwhile, the landing cost of Premium Motor Spirit imported into Nigeria surged over 60 per cent between December 2020 to 231-naira 98 kobo per litre as of mid-June this year. Johnson Chukwu, Managing Director and CEO of Cowry Asset Management joins CNBC Africa for more.</p>


Nigeria’s debt portfolio hits 33.1 trillion naira in Q1

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<p>As we re-imagine a post-Covid-19 world, women should be at the center of solutions as key drivers for economic resilience in Africa. That’s according to Atsuko Toda, Director of Agriculural Finance and Rural Development at the African Development Bank. Atsuko Toda also told CNBC Africa’s Kenneth Igbomor that the AfDB believes prioritising agro-industrialisation is critical.</p>


COVID-19: AfDB’s Toda on why women should be prioritised in Africa’s recovery

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<p>Energicotel PLC, a Rwandan energy provider, has announced the issuance of a $6.5 million corporate bond, becoming the first independent power provider to do so. Energicotel is also the first firm to issue a corporate bond in Rwanda since the maturity of the two bonds that were trading on the Rwanda Stock Exchange. The company’s Executive Director, Ferdy Turasenga joins CNBC Africa for more.</p>


Rwanda’s Energicotel issues $6.5mn corporate bond

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<p>38 countries have ratified the African Continental Free Trade Area Agreement that came into operation at the beginning of this year.</p>


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AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

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<p>The World Economic Forum, in partnership with the Government of Ghana has unveiled the first Country Financing Roadmap as a means to boost private investments into Ghana to help achieve the Sustainable Development Goals. The Head of the Sustainable Development Investment Partnership at World Economic Forum, Diana Guzman discussed the details with CNBC Africa&#8217;s Kenneth Igbomor.</p>


WEF partners Ghana for  maiden Country Financing Roadmap for SDGs

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<p>Rwanda’s Finance Minister Uzziel Ndagijimana today tables the budget for the fiscal year 2021-2022. In the finance bill, the government had planned to spend $3.8 billion in the next fiscal year, which represents an increase of 9.8 per cent from the previous budget. Angello Musinguzi, Senior Tax Manager at KPMG Rwanda joins CNBC Africa for more.</p>


China

I&M Bank diversifies its business into wealth management

RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

Nigeria targets 4.2% growth in 2022

Are Nigeria’s data protection laws adequate?

Drone delivery service Zipline raises $250mn to fund expansion

China halts Kenya loans amid debt reprieve bid

How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

Trade and Development Bank issues new 7-year $500mn unsecured bond offering

Online marketplace Jiji reaches merger agreement with Cars45

Nigerian Senate set to pass N895.84bn supplementary budget

Nigeria’s debt portfolio hits 33.1 trillion naira in Q1

COVID-19: AfDB’s Toda on why women should be prioritised in Africa’s recovery

Rwanda’s Energicotel issues $6.5mn corporate bond

AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

WEF partners Ghana for maiden Country Financing Roadmap for SDGs

Finmin Ndagijimana unveils $3.8 bn budget, focus on economic recovery,accelerating transformation

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China

I&M Bank diversifies its business into wealth management

RSE CEO: Investors are seeking safe haven in Rwanda’s bond market

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

Nigeria targets 4.2% growth in 2022

Are Nigeria’s data protection laws adequate?

Drone delivery service Zipline raises $250mn to fund expansion

China halts Kenya loans amid debt reprieve bid

How mobile money platforms can help reduce inefficiencies in Africa’s healthcare sector

Trade and Development Bank issues new 7-year $500mn unsecured bond offering

Online marketplace Jiji reaches merger agreement with Cars45

Nigerian Senate set to pass N895.84bn supplementary budget

Nigeria’s debt portfolio hits 33.1 trillion naira in Q1

COVID-19: AfDB’s Toda on why women should be prioritised in Africa’s recovery

Rwanda’s Energicotel issues $6.5mn corporate bond

AfCFTA: Standard Bank’s Madhavan on how to address policy hurdles

WEF partners Ghana for maiden Country Financing Roadmap for SDGs

Finmin Ndagijimana unveils $3.8 bn budget, focus on economic recovery,accelerating transformation

News Tips

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