Tag: consumer goods
United Capital says the COVID-19 lock-down and ban on inter-state travel depressed the second-quarter performance of companies in the consumer goods space. Head of Research United Capital Wale Olusi, joins CNBC Africa for more.
As the COVID-19 pandemic pummels economies across the world with crashing oil prices and a partial lockdown in April particularly dragging Nigeria’s economy.
A new report from the African Private Equity and Venture Capital Association says African limited partners view Consumer Goods, Agribusiness and Financial Services as the most attractive sectors to invest in over the next three years. Enitan Obasanjo-Adeleye, Head of Research and Training at AVCA joins CNBC Africa for more insight on this report.
The Central Bank of Nigeria (CBN) has limited the number of companies involved in milk importation, its derivatives and dairy products to six. CBN stressed that the policy is part of efforts to increase local production of milk, its derivatives and dairy products. Tajudeen Ibrahim, Vice President and Head of Research at Chapel Hill Denham joins CNBC Africa for more.
Tanzanian tycoon, author and philanthropist Reginald Mengi has died at the age of 75. He is one of the richest people in Africa and was also known for his business in media, consumer goods but mostly the charity work of sending hundreds of Tanzanian children with heart diseases to India for treatments. For more on his legacy, CNBC Africa's Head of Programming and Author of Africa's Billionaires Chris Bishop joins for more.