Heavy rains across the Sahel regions of West and Central Africa over the past weeks in Nigeria, Niger, Chad and Cameroon have caused devastating floods displacing and destroying farmlands as well as raising food and commodity process concerns. Joining CNBC Africa’s Kenneth Igbomor to discuss this is Edward George, leading Independent Commodities Expert.
With South Africa, Nigeria, and Angola expected to plunge into deep recessions this year, does Sub-Saharan Africa still offer value for money for foreign investors in Covid-19 times?
CNBC Africa is joined by Peet Serfontein, a market analyst to discuss the expectations and trends from equities, commodities and currency markets in 2020.
Traders say Nigerian Treasury Bill (NTB) yields rose about 70 basis points over escalating trade tensions between the U.S and China. For more details on this week’s activities at the Money market in Nigeria, Nnamdi Olisaeloka, fixed income, currencies and commodities Analyst at Zedcrest Capital joins CNBC Africa for more.
Traders say Federal Account Allocation Committee (FAAC) inflows valued at 320 billion naira bolstered market liquidity in Nigeria’s Money Market as the Central Bank of Nigeria auctioned T-bills worth 89 billion naira on Wednesday. Nnamdi Olisaeloka, Fixed Income, Currencies and Commodities Analyst at Zedcrest Capital joins CNBC Africa for more.